A&B plans isle-centric real estate portfolio

The Hawaii-based company will depend on its local knowledge to maximize gain

By Andrew Gomes

POSTED: 01:30 a.m. HST, Sep 09, 2012

~~<p>After Alexander & Baldwin Inc. spun off Matson Navigation Co. into a separate company three months ago, A&B has looked pretty much like it did before the separation, minus Matson. But now the "new A&B" is aiming to reshape another big part of itself.</p>
<p>The Honolulu-based firm has mapped a new strategy for one of its remaining backbones — real estate investing — after carving off its ocean cargo transportation subsidiary, which for decades had been A&B's dominant piece.</p>
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After Alexander & Baldwin Inc. spun off Matson Navigation Co. into a separate company three months ago, A&B has looked pretty much like it did before the separation, minus Matson. But now the "new A&B" is aiming to reshape another big part of itself.

The Honolulu-based firm has mapped a new strategy for one of its remaining backbones — real estate investing — after carving off its ocean cargo transportation subsidiary, which for decades had been A&B's dominant piece. Login for more...