Hawaii’s fourth-largest private landowner has added to its inventory of property with the purchase of some industrial buildings on Hawaii island.
Alexander & Baldwin Inc. announced Tuesday that it has bought five buildings at the 37-acre Honokohau Industrial Park in Kailua-Kona for $10 million.
The buildings, which have 73,200 square feet of space for tenants, are 94 percent leased to businesses in the construction, tourism, food distribution, automotive repair and transportation industries, A&B said.
A&B owns about 2.9 million square feet of retail, office and industrial property in Hawaii. The Honolulu-based company also owns 87,500 acres of land in the state, largely comprising agricultural land on Maui and Kauai.
Hawaiian Air’s May traffic rises 5.1%
Hawaiian Airlines said Tuesday its passenger traffic rose 5.1 percent in May. The airline transported 966,179 passengers compared with 919,030 in the year-earlier period.
The airline’s load factor, or percentage of seats filled, rose 2.4 percentage points to 86.7 percent from 84.3 percent.
Revenue passenger miles, or one paying passenger transported one mile, rose 8 percent to 1.3 million from 1.2 million. Available seat miles, or one seat transported one mile, increased 5 percent to 1.57 million from 1.50 million.
Maui Brewing to ship to 3 more states
Local beer producer Maui Brewing Co. will start sending its cold beverages to three cold states, expanding U.S. distribution to 23 states.
The company, which makes all its beer on the Valley Isle, said Tuesday that starting next week it will begin shipping several flagship beers and some limited releases to Michigan, Wisconsin and Minnesota through distributors in those Midwest states.
Kihei-based Maui Brewing said it will distribute its beer in canned and draft form to the three states, which followed an expansion to Illinois. Beyond the mainland, Maui Brewing also distributes its beer in 10 foreign countries.
ON THE MOVE
Kahala Sportswear has named Jason Morgan general manager. He was previously co-founder of Stock Mfg. Co., a Chicago manufacturing and apparel design company, as well as part of the global buying team for DFS in Hong Kong.
The Howard Hughes Corp. has named Bill Weeshoff senior marketing strategy and planning director for Ward Village. He will be responsible for developing marketing strategies around the development of the 60-acre community. Weeshoff previously served as director of strategic planning at a local advertising agency.