Pacific Office reports $13.9M loss in 2012

The company, which owns business properties in Honolulu, has struggled as demand remains sluggish

By Andrew Gomes

POSTED: 01:30 a.m. HST, Mar 22, 2013

~~<p>Softness in the office leasing market in Hawaii and Southern California continues to hobble Honolulu-based Pacific Office Properties Trust Inc., which recently reported its fourth consecutive annual financial loss.</p>
<p>The company lost $13.9 million last year, which was an improvement from a $21.9 million loss the year before, according to its annual report filed with the Securities and Exchange Commission this month.</p>
~~

Softness in the office leasing market in Hawaii and Southern California continues to hobble Honolulu-based Pacific Office Properties Trust Inc., which recently reported its fourth consecutive annual financial loss.

The company lost $13.9 million last year, which was an improvement from a $21.9 million loss the year before, according to its annual report filed with the Securities and Exchange Commission this month. Login for more...