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Kailua in $262M sale

One beneficiary of the deal is seeking to delay a vote on the proposed sale to an unidentified firm

By Andrew Gomes

POSTED: 01:30 a.m. HST, Nov 09, 2013

~~<p>An unidentified public company has agreed to buy about half of downtown Kailua and other Hawaii real estate assets of Kaneohe Ranch Co. and the Harold K.L. Castle Foundation for $262 million.</p>
<p>The deal would produce big payouts for many local families who are beneficiaries of Kaneohe Ranch subsidiaries, as well as for Kaneohe Ranch employees.</p>
~~

An unidentified public company has agreed to buy about half of downtown Kailua and other Hawaii real estate assets of Kaneohe Ranch Co. and the Harold K.L. Castle Foundation for $262 million.

The deal would produce big payouts for many local families who are beneficiaries of Kaneohe Ranch subsidiaries, as well as for Kaneohe Ranch employees. Login for more...



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