Publications

Transactions

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

JP Morgan buys Hawaiian retail mall for $700m

by Andrea Waitrovich, 8/1/14; released 6/6/14

JP Morgan Asset Management has acquired the 310,000-square-foot Royal Hawaiian Shopping Center in Honolulu from Festival Cos. and the Hawaiian educational pension fund Kamehameha Schools. Eastdil Secured represented the sellers.

Financial terms of the transaction are confidential; however, Real Capital Analytics confirms the price to be approximately $700 million. The announcement was released in June.

Royal Hawaiian Center, the premier shopping, dining and entertainment destination in Waikiki, is located on a 6.3-acre parcel along a three-block stretch of famed Kalakaua Avenue. The center comprises more than 322,000 square feet of leasable area with mo

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?