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Article: A&B Properties Sells Honolulu Office Building for $38 Million.
- Article from:
- Business Wire
- Article date:
- October 27, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Demand for Quality Properties Holds Strong, Strengthening Yen Bolsters Pricing
HONOLULU -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B"), announced today that it has completed the sale of the Pacific Guardian Tower ("PGT"), a 130,600 square-foot office building in Honolulu, Hawaii to Maruito USA, Inc., the U.S. subsidiary of Japan-based Maruito Group, a financial services company.
"The sale of Pacific Guardian Tower is another clear signal of the continued demand for quality, stable income properties in Hawaii. Further, the favorable pricing we realized is a reflection of our efforts over the past ...
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Article: Shippers fear unfair rate treatment to finance PGT ...
The Oil Daily;
June 5, 1992 ;
700+ words
... ... FRANCISCO -- The Pacific Gas Transmission (PGT) Expansion project is already under construction ... Commission (CPUC) any day. But two of PGT's largest customers have asked the CPUC ... some shippers have in their contracts with PGT. The motion points out the discrepancy ...
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