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Monthly Archive for August, 2009

Scott in Sunrise KGMB9 News

Scott L. Mitchell (B) discusses the current recession and tight credit market with Howard Dicus of KGMB9 News.

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Times Square Shopping Center

Allison Lee (S) has created an online video about Times Square Shopping Center and what the center offers for future tenants. For more information about Times Square Shopping Center, please inquire Colliers exclusive agents: Byron “Biff” Graper (S): 523-9737 Allison Lee (S): 523-9770

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Forever Young Recipient

KHNL News 8 featured Andy Friedlander as this year’s “Forever Young” recipients. He is considered the Mayor of Chinatown with his primary passion to continue to improve Hawaii’s schools. Click on the image for more information.

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Hawaii Real Market Lags Behind National Trends Honolulu’s retail market posted 74,282 square feet of lost occupancy over the past six months as vacancy rates rose to 3.98%. This is a 75 basis point increase over the year-end 2008 island-wide vacancy rate of 3.23% and is a five year high. Click here to read the [...]

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Island-wide Vacancy Rates Hit Double-Digits After five years of single-digit figures, the second quarter of 2009 saw the return of office vacancy rates above 10% for the island of Oahu. The recessionary environment has taken a toll on many businesses resulting in office downsizing, consolidation, closure and the postponement of expansion plans. Click here to [...]

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Market Downturn Persists At mid-year 2009, the industrial market posted six months of accumulated negative net absorption of 314,091 square feet. Vacancy rates rose to 5.13% from 4.36% at year-end 2008. After a dramatic loss of occupancy totalling 293,572 square feet during the first quarter of 2009, the second quarter posted a only an additional [...]

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