Colliers International agents Mark Bratton and Mike Perkins are appointed in the sale of 565 Halekauwila Street in Kakaako
Honolulu, December 1, 2020 – Colliers International (Colliers) has been retained to handle the sale of the property located at 565 Halekauwila Street in Kakaako. Mark Bratton, Senior Vice President of Colliers, will take the lead on the project.
“The Seller originally purchased the property to house their Hyundai dealership, but has subsequently sold the dealership, making this property an excess asset. With strong demand from owner users and historically low rates we expect there to be great interest in this fee simple property located in the fast-growing submarket of Kakaako. The property provides great flexibility in its zoning and is less than five minutes on foot from future Civic Center Rail station.” --Mark Bratton, Senior Vice President
The property includes a vacant fee-simple building with excess land in the desirable and revitalized Kakaako area in urban Honolulu. The building is ideal for an owner-user that has office, showroom and light industrial/storage needs.
Located minutes from the Central Business District in the Civic Center neighborhood zone that allows a maximum building height limit of 65 feet and a max FAR of 3.5, the site lends itself well to be assembled for development into mixed-use buildings consistent with the nearby high-rise condo developments, retail centers, restaurants and industrial properties.
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For further information, please contact:
Sarah Lee Morihara