A&B to buy Pearl Highlands Center
Alexander & Baldwin Inc. said it has agreed to buy Pearl Highlands Center on Oahu for $141.5 million.
The purchase, which is part of a strategy by the Honolulu-based company to acquire more income-producing real estate in Hawaii, is scheduled to close in the second half of this year, A&B announced today.
Pearl Highlands is anchored by Sam’s Club, Regal Theaters, Ross Dress for Less and 24 Hour Fitness. A Buffalo Wild Wings is slated to open soon.