The James Campbell Co. said today it has bought back 100 acres of industrial property in Kapolei next to Kapolei Harborside for $30.2 million.

Campbell said it bought the property from a lender group who in turn assumed possession in 2010 from WKP Hawaii LLC.  The Estate of James Campbell, predecessor to the James Campbell Company, had “originally disposed of the parcel” to WKP in 2006, Campbell said in a news release. The release did not say what WKP paid for the land.

The land is west of Kalaeloa Blvd., just south of the Honolulu Star-Advertiser printing facility.

“The property is ideally situated next to our recently zoned Kapolei Harborside project,” said Richard Dahl, chairman and CEO of the Campbell. “We are very enthusiastic about the economic future of the Kapolei area and of the entire state. Our company continues to pursue additional investment opportunities in Hawaii.”

In 2007, the James Campbell Co. succeeded the Estate of James Campbell, a 107-year-old private trust.