Walgreens Co. has announced that they are considering selling their Ala Moana store location, which is on the corner of Kapiolani Boulevard and Keeaumoku Street across from the Ala Moana Center. Walgreens has just built an adjacent parking structure to this location which is designed to support a 20-story tower. Colliers International, a commercial real estate firm, has been retained to market the property. Colliers marketing material stated, "The site provides for various redevelopment options. The demand and prices for new high-rise luxury residential condos in the urban core substantiate the construction costs." An asking price has not been released to the public.
Source: Honolulu Star Advertiser, 11-4-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
