Honolulu, Hawaii/USA

February 19, 2009, Honolulu, Hawaii – Colliers Monroe Friedlander has negotiated the purchase of a freestanding office building located at 1516 South King Street in Honolulu, Hawaii on behalf of Unite Here! Local 5. The building, formerly owned and occupied by Shiseido is 10,200 square feet sitting on 14,015 square feet of fee simple land.

Ronald Ward, Vice President of Colliers Monroe Friedlander, represented Unite Here! Local 5 in the acquisition with financing provided by First Hawaiian Bank.

According to Eric Gill, Secretary / Treasurer of Unite Here! Local 5, “For years the union has set a goal to purchase our own site in order to provide current and future members with a permanent home.  This facility will house our administrative offices and serve as a meeting place for members and retirees.”  Founded in 1937, Local 5 has worked to improve the quality of life for Hawaii's hotel workers. Today, the Hotel Employees & Restaurant Employees, Local 5, is one of the largest and strongest unions in Hawaii.

About Colliers International

Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 10,092 employees span the world in 267 offices in 57 countries. On a worldwide basis, Colliers manages 672,945,918 square feet, and has revenue of $US 1,620,958,349.

Contact Information

For further information please contact Andrew D. Friedlander at 808.523.9797 or via email at andrew@colliershawaii.com or Mike Y. Hamasu at 808.523.9792 or via email at mike@colliershawaii.com.

 back to top