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GALBRAITH LAND SALE


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1,743-acre buy likely to boost local farming

Some 1,200 acres of the land near Wahiawa will go to the state for agricultural purposes

By Kristen Consillio

POSTED: 01:30 a.m. HST, Dec 11, 2012

~~<p>The state and a nonprofit organization have finalized the $25 million purchase of one of Oahu's largest tracts of undeveloped land in a move expected to significantly expand food production and make Hawaii more self-sufficient.</p>
<p>The deal for 1,743 acres of George Galbraith Estate land was completed with a number of parties and the nonprofit Trust for Public Land, which raised funds for the acquisition, according to an announcement Monday by Bishop Street Commercial, a brokerage firm hired by estate trustee Bank of Hawaii. The estate has roughly 600 beneficiaries.</p>
~~

The state and a nonprofit organization have finalized the $25 million purchase of one of Oahu's largest tracts of undeveloped land in a move expected to significantly expand food production and make Hawaii more self-sufficient.

The deal for 1,743 acres of George Galbraith Estate land was completed with a number of parties and the nonprofit Trust for Public Land, which raised funds for the acquisition, according to an announcement Monday by Bishop Street Commercial, a brokerage firm hired by estate trustee Bank of Hawaii. The estate has roughly 600 beneficiaries. Login for more...



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