Honolulu – December 27, 2016 – CBRE Group, Inc. today announced that it has been selected as exclusive advisor to JFC International, the largest distributor of Japanese food products in North America and an affiliate of one of Japan’s largest and oldest companies, Kikkoman Corporation, for the sale of 98-736 Moanalua Loop in Aiea, Hawaii.
98-736 Moanalua Loop is a 35,200-square-foot warehouse and office property on 2.59 acres of I-2 zoned land located near Pearlridge Center. The property provides one of the only significant fee simple I-zoned acquisition opportunities east of Kapolei on Oahu. It is currently the only fee simple industrial purchase opportunity of its size with proximity to Honolulu.
The property will be marketed at an asking price of $13.9 million with Trent J. Thoms (S), CCIM, MBA leading the marketing efforts.
About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.