- For Lease
Hawaiian Electric Company (“HECO”) is seeking proposals with the primary objective of leasing all or a portion of the buildings located at the Honolulu Power Plant, 170 Aloha Tower Drive in Honolulu, Hawaii (the “Property”).
Deadline for submitting proposals is 4:00 p.m. on February 17, 2023. Proposals received after this time will not be considered. Proposals will be rated on a number of factors including, but not limited to rent, term, commencement, concessions requested, intended use, and the credit worthiness of the tenant.
After all proposals are received and evaluated, a letter of award confirming the acceptance will be sent to the selected tenant, followed by a lease agreement to be signed by all involved parties. If HECO determines that the selected tenant is unable to successfully come to terms regarding the contract, HECO reserves the right to terminate contract discussions with that tenant and either select another tenant from the RFP process, cancel the RFP, or reissue the RFP if deemed necessary.
Additional terms and conditions governing this Request for Proposal are attached as Attachment A and incorporated herein by reference.