Nathan A. Fong (B) and Andy Y. Kazama (S) of Colliers International Hawaii list the iconic PEMCO Building for Sale
Honolulu, September 30, 2020 – Colliers International (Colliers) has been retained to handle the sale of 3-story PEMCO Building on South King Street. Nathan Fong & Andy Kazama, who recently completed the sale of Harbor Arms Hotel, will be handling the listing. This new listing is the latest addition to their portfolio of investment sales.
“The PEMCO building is the perfect opportunity for a user looking to own their real estate.
BMX-3 zoned fee simple opportunities within Honolulu Urban Core are extremely difficult to find. The functional layout includes a roof top photovoltaic system, secured ground floor parking, and the ability to renovate the 3rd floor for additional usable area.”
-Nathan A. Fong (B) – Senior Vice President
1632 South King Street is a 3-story office building along the prime retail corridor in Honolulu, Hawaii. The property is currently home to PEMCO Limited, who has owned the building for the past 20 years, with a total building area of 10,308 square feet (which includes secure parking on the ground floor).
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About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
For further information, please contact:
Sarah Lee Morihara