Colliers Hawaii Research, Retail
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First Quarter 2017 Retail Market Summary

Kmart

Kmart’s Closing Dampens Market

The Oahu retail market posted a loss of 124,960 square feet of net absorption at the end of 2017’s first quarter, resulting in an increased vacancy rate to 9.17% from 8.44% at year-end 2016. Underlying the contraction in the market was the vacancy left after the 147,000-square foot Kmart closed at Waikele Center in Leeward Oahu.

Read the full Oahu Retail Market Report Summary


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