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Posted in Uncategorized on Jan 23rd, 2009
Mark Bratton (R) and Mike Hamasu quoted in the Pacific Business News: Every January, members of Honolulu’s commercial real estate community gather in a hotel ballroom to hear local experts predict what the market will do in the coming year. And each year, the prognosticators come fairly close in their assessments of what will happen [...]
Posted in Uncategorized on Jan 23rd, 2009
From the Pacific Business News: Colliers Monroe Friedlander has been awarded management contracts for two Maui retail centers totaling more than 80,000 square feet. The Festival Companies chose Colliers Monroe Friedlander to manage and continue leasing the Fairway Shops at Kaanapali and Napili Plaza in West Maui. Colliers Monroe Friedlander now leases and manages over [...]
Posted in Uncategorized on Jan 9th, 2009
From the Pacific Business News: Oahu’s office vacancy rate could rise to 10 percent by the end of 2009 as the effects of the recession create more unoccupied space. The vacancy rate for Oahu’s 15.7 million square feet of Class A, B and C office space was 8.6 percent at the end of 2008, according [...]
Posted in Uncategorized on Jan 9th, 2009
Mike Hamasu and Jeff Shinagawa (S) quoted in the Star Bulletin: The vacancy rate in office space on Oahu has increased to 8.6 percent and is expected to continue softening as unemployment and the economy worsen, according to a year-end report from commercial real estate firm Colliers Monroe Friedlander. The office vacancy rate, which hit [...]