Honolulu office and school supplies retailer Fisher Hawaii Inc. has found a new home — two new homes, actually — after an eviction tussle with the landlord of its longtime store and warehouse in Kakaako.

Fisher plans to close its existing store at 450 Cooke St. on Sunday and open an initial new store Monday on an adjacent block at 690 Pohukaina St.

The move will preserve the presence of Fisher in Kakaako, where the nearly 90-year-old company has been for almost 40 years, and resolve an eviction lawsuit that Kamehameha Schools filed in February to force Fisher out of its 50,000-square-foot warehouse leased from the trust.

“We’re excited about still being a part of this community,” said Al Hirata, Fisher’s general manager. “This is our roots, really. We’d like to be in Kakaako forever.”

The new store was converted from a run-down 17,000-square-foot former Friends of the Library warehouse on land leased from the Hawaii Community Development Authority, a state agency that recently arranged to lease the vacant property from the state Department of Land and Natural Resources.

Friends of the Library was pushed out of the property and moved to Halawa Valley last year under expectations that the Kakaako building would be torn down to make way for a residential high-rise apartment project that would provide new space for the nonprofit, which helps the state library system.

HCDA has been working for several years to lease the site to development firm Forest City Enterprises for construction of two affordable rental towers, but that project, called 690 Pohukaina, has been delayed and is at least two years away, which created an opportunity to make the property available to Fisher and help solve its relocation challenge.

Fisher’s lease with HCDA is for two years. The new store has roughly the same amount of retail floor space as the existing store and about as many parking spaces. Fisher also operates a small downtown Honolulu store on Fort Street Mall.

A new roughly 60,000-square-foot warehouse and distribution facility in Mapunapuna will supply the new Kakaako store, and about a third of the Mapunapuna facility will become a third retail outlet by the end of the year.

“A lot of people are thinking we’re downsizing, but it’s the opposite. We’re actually expanding,” Hirata said.

In the longer term, Fisher hopes to stay in Kakaako, with plans to become part of a technology park envisioned by HCDA and another state agency, the High Technology Development Corp., on a parking lot next to the University of Hawaii Cancer Research Center.

Fisher’s presence in Kakaako, a once largely industrial area undergoing much residential high-rise development, was threatened in recent years as Kamehameha Schools advanced plans to redevelop nine blocks it owns in the area with a mix of housing and retail.

The charitable trust, which is the biggest private landowner in Hawaii and educates Native Hawaiian children, sued Fisher in February after Fisher refused to vacate the property despite its lease expiring in July 2014.

Kamehameha Schools said in the lawsuit that it let Fisher know in 2009 about needing the property back to make way for redevelopment on surrounding blocks.

The trust, headquartered at Kawaiahao Plaza in Kakaako on South Street, in part needs to relocate staff parking to the existing Fisher site from a nearby South Street lot. Kamehameha Schools is going to develop that lot into a midrise apartment complex, next to a condominium tower by Stanford Carr Development that’s ready to break ground any day now.

Fisher has been in Kakaako for 38 years, and has held its own against national big-box chains Office Depot and Office Max operating nearby.

The local company, which carries more than 50,000 products from pencils and paper to furniture and business machines, was founded in 1929 as an office equipment and printing firm called Multigraphy, List & Letter Co. In 1933, Geoffrey C. Fisher and Hy Hollaway bought the business and named it Fisher Corp. Subsequent ownership changes included spinning off the printing division, employee ownership in 1966 and acquisition by the Ronald Ho family in 1978.

“We look forward to beginning this new chapter for Fisher Hawaii,” Hirata said.