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Article: A&B Buys Shopping Centers in Hawaii and Arizona; Purchase of Kaneohe Bay Shopping Center Marks Entry Into Oahu Retail Arena.
- Article from:
- Business Wire
- Article date:
- June 7, 2001
CopyrightCOPYRIGHT 2001 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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Business Editors/Retail Writers
HONOLULU--(BUSINESS WIRE)--June 7, 2001
Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) continues to expand its real estate portfolio with the agreement to purchase two neighborhood shopping centers: the Kaneohe Bay Shopping Center in Windward Oahu, HI, and the Carefree Shopping Center in Carefree, AZ, announced A&B President and Chief Executive Officer W. Allen Doane. The Kaneohe Bay Shopping Center is A&B's first shopping center on the island of Oahu, and further demonstrates its commitment to Hawaii investments. The Carefree property is located in a growing and prosperous area north of Phoenix, Arizona, where A&B already ...