Mike Hamasu News Today

Island News has learned that the popular Japanese compact hotel company “First Cabin” is opening its first units, or capsules at the Waikiki Business Plaza.

Investors hope to convert excess office space into residential rentals and fee-simple housing, hotels, educational space, retail, activity centers, food and beverage venues, and community services like dog parks and senior care.

A total of 1.2-million square feet of office space is expected to be turned into alternative uses like hotels and homes like the Davies Pacific Center in Downtown Honolulu.

These are turbulent times for Oahu’s retail industry. Thats after the closures of Macy’s at Windward Mall, Consolidated Theaters at Koko Marina shopping center and Longs Drugs at Mililani Marketplace,

Governor Green Appoints Members to Boards and Commissions

A development company purchased Davies Pacific Center in downtown Honolulu and plans to transform the office building into a residential condominium.

A development company purchased Davies Pacific Center in downtown Honolulu and plans to transform the office building into a residential condominium.

Oʻahu’s vacancy rates hit record lows in the last quarter of 2022. Less than 1%, which very well may be the lowest in the country. The Conversation talked to Mike Hamasu, head of Colliers International’s Consulting and Research Division, and Senior Vice President Bill Froelich about Oʻahu's industrial space.

HONOLULU (KITV4) -- Despite the ongoing concerns of the pandemic, the rise of inflation and fears of an upcoming recession, Oahu’s industrial real estate market continues to flourish.

Hybrid work is here to stay and popular among all generations. Thats according to a new report out Friday by commercial real estate firm Colliers International.