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Former Auto Repair Shop in Kakaako for sale

565 Halekauwila

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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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

President/Managing Director

Colliers International
Phone: 808-523-9706

Email: Sarah.Morihara@colliers.com


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Mark Bratton

Senior Vice President | Hawaii

Hawaii - Honolulu

Aloha, I'm Mark Bratton,  President of Bratton Realty Advisers, Ltd., and exclusively contracted with Colliers International, Hawaii’s largest commercial real estate organization. I specialize in the sale of investment properties in Hawaii and will strive to  solve problems a property is going through, making it difficult to sell.  I am there every step of the way assisting  a potential buyer to understand the property and to  close  successfully.  I  am also a  member of the USA Capital Markets Investment Sales Group, an elite team of sales professionals who work with institutional-quality properties. Members of the group transact business in key markets around the United States, and work collaboratively with their counterparts in Europe, Asia and Latin America. I've been at Colliers International since 1985 but  left for one year, from 1992 to 1993 to join CB Richard Ellis in the Beverly Hills/Century City Office, representing tenants.  I returned to Hawaii in 1993 and continued my efforts in commercial real estates investment division.

Coming from a family of developers, my introduction to the development world came in the late 70’s working as a carpenter on my family's developments both in California and in Hawaii. After obtaining a formalized education in Real Estate Investment and Development from San Diego State University, I moved to Hawaii to begin my career. I do have experience in both originating CMBS loans as well as assisting with the detailed loan assumption  process.

In 2017 "The Bratton Team" was formed.  We are a team of four individuals, myself included.  We all have  our strengths in different the aspects of real estate.  But, the combined strength of us all makes our team unstoppable.

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Mike Perkins

Brokerage Associate

Hawaii - Honolulu

As an Investment Services specialist, I focus on representing buyers and sellers of all commercial property types throughout the State of Hawaii.  Having operated as a commercial developer throughout most of my 15-year commercial real estate career in Northern California and Northern Nevada, I know the right questions to ask to identify my clients’ needs and match them to opportunities in the market.  Bringing a deep skillset of opportunity sourcing, underwriting, market analysis, acquisition, project oversight and disposition, provides me with unique insight to help my clients achieve their goals.   

My family and I moved to Hawaii in 2012 where I served as the Costar/Loopnet representative for the Hawaii and Alaska markets.  This experience provided me with a unique opportunity to meet and learn about all of the properties, owners, developers, brokers, lenders and other professionals involved in commercial real estate throughout these two great states.  Both markets are very unique and nuanced, and require creativity to tap into the market’s true potential, a skill I continue to hone on a daily basis.  It is rare that I won’t drive by a property and think, “how could the value of this property be maximized…and who do I know that could make it happen?”.  From there, it is about creatively bringing together the pieces of the puzzle. 

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