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Monthly Archive for February, 2009

Year-end Retail Market Remains Steadfast Contrary to the barrage of poor economic news, Honolulu’s retail market appeared relatively unscathed through year-end. In fact, most markets would envy the perofrmance that we’ve had with solid positive absorption, low vacancy rates and rising rents. The Honolulu retail market posted more than 500,000 square feet of positive absorption [...]

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Office Sector Continues to Soften The Honolulu office market posted its sixth consecutive quarter of negative net absorption resulting in a steady increase to the island’s vacancy rate that has risen from a decade low of 6.5% in mid-2007 to 8.6% currently. Closely corresponding to this 18-month time period, Honolulu’s unemployment rate rose from 1.8% [...]

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Industrial Condominium Projects Boost Vacancy Since mid-year 2007, the Honolulu industrial marketplace consistently posted negative net absorption. More than 550,000 square feet of negative absorption was recorded for 2008. This jump in vacant space was the direct result of the delivery of three industrial condominium projects; Kapolei Spectrum, Waipio Business Center and Kapolei Kai. Click [...]

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February 19, 2009, Honolulu, Hawaii – Colliers Monroe Friedlander has negotiated the purchase of a freestanding office building located at 1516 South King Street in Honolulu, Hawaii on behalf of Unite Here! Local 5. The building, formerly owned and occupied by Shiseido is 10,200 square feet sitting on 14,015 square feet of fee simple land. [...]

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Crossroads at Kapolei

Property Description: This property is unparalleled in its unique position to have strong visibility along the retail corridor in Kapolei and close proximity to the business heart of Kapolei. This is the last opportunity for a new store with Kamokila Boulevard frontage and visibility with more than ample parking for customers and easy rear door [...]

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Colliers Monroe Friedlander’s Top Performers for 2008: Jon-Eric Greene (B) (Company Wide Top Performer) Nathan Fong (B) (Retail Division Top Performer) Sean Tadaki (S) (Office Division Top Performer) Ron Ward (S) (Industrial Division Top Performer) Jessika Fodor (S) (Outstanding Performer – Retail) Bill Froelich (S) (Outstanding Performer – Industrial) Guy Kidder (S) (Outstanding Performer – [...]

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Congratulations George Cochard!

Please join us in congratulating George Cochard who is being promoted to Assistant Property Manager effective March 1, 2009.  George has been with our company for over a year as the Administrative Assistant at Pearl Highlands Center.  In his new role, George will be assisting Cindy Lau on her portfolio at the main office.

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On February 2, 2009, Colliers Monroe Friedlander hosted a Commercial Real Estate Market Forum at the Halekulani Hotel in Waikiki. This forum focused on providing valuable insight from our Colliers experts on the state of the commercial real estate and capital markets in Hawaii and nationally. We would like to thank all of those who [...]

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Congratulations Erin Seu!

We are pleased to inform you that effective immediately Erin Seu has been promoted to Property Manager. Erin will be assigned to the new A & B Waipio portfolio. She will also continue to assist Geri Dela Cruz on the existing A & B Portfolio and Times Square. Erin has been with our firm for [...]

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Queens’ MarketPlace

Check out the clip of the Queens’ MarketPlace in Waikoloa, Big Island. For more information and leasing opportunities, click on this link or contact our exclusive agents below: Kim F. Scoggins (B)* (808.523.9762) kim@colliershawaii.com Jessika G. Fodor (S) (808.523.9761) jessika@colliershawaii.com Emalia Pietsch (S) (808.523.9710) emalia@colliershawaii.com *Rokit, Inc., exclusively contracted to Colliers Monroe Friedlander, Inc.

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