Honolulu, Hawaii, August 6, 2025
News Summary
Bowers and Kubota Consulting has acquired a 12-story office building at 1601 Kapiolani Blvd. in Honolulu for approximately $19 million. This strategic purchase is aimed at consolidating the company’s services and enhancing collaboration among employees. The building, constructed in 1991, spans nearly 75,000 square feet and hosts various businesses, contributing positively to the local economy. The acquisition, facilitated by Colliers Hawaii, is expected to streamline operations without disrupting current tenants. This move marks a significant milestone for the company as it continues to strengthen its presence in Hawaii.
Honolulu, Hawaii – Bowers and Kubota Consulting Acquires Office Building
Waipahu-based Bowers and Kubota Consulting has successfully purchased the iconic office building located at 1601 Kapiolani Blvd. in Honolulu for approximately $19 million. This acquisition reflects the company’s strategy to consolidate its Honolulu-based services into a dedicated office space. The deal is expected to enhance operational efficiencies and allow for better collaboration among employees.
About the Building
The office building is a 12-story tower built in 1991, totaling nearly 75,000 square feet of space. The structure is known for hosting a diverse mix of businesses, which includes medical, dental, accounting, healthcare administration, and retail services. The vibrant tenant base contributes significantly to the local economy and community, ensuring a continuous flow of foot traffic and customer interactions.
Details of the Transaction
The seller of the property was Shaw Foundation Properties, a Hong-Kong-based firm. The acquisition was facilitated by Colliers Hawaii, who represented Bowers and Kubota Consulting in the transaction, while Pacific Properties Group served as the representative for Shaw Foundation Properties. Key representatives involved highlighted the building’s condition, ample parking, and overall appeal for businesses looking to establish or expand their footprint in Hawaii.
Future Plans for Bowers and Kubota Consulting
Bowers and Kubota Consulting specializes in construction, project management, architecture, and engineering services. By consolidating their operations in this new office space, the company aims to streamline workflows and enhance the quality of services offered to their clients. This move is part of a broader strategy to strengthen their presence in the region and better serve the needs of their clientele.
Impact on Current Tenants
Officials have assured that the sale of the building will not disrupt the businesses currently operating within its premises. Tenants can expect a smooth transition as Bowers and Kubota Consulting consolidates its operations without impacting existing leases or business activities.
A Bright Future for Honolulu’s Real Estate Market
Brandon Bera, the executive vice president of Colliers Hawaii, remarked on the significance of this transaction, noting that the building is relatively new by Hawaii’s standards, making it a valuable asset for any business. The ample parking available adds further convenience for tenants and visitors alike, bolstering the attractiveness of the property in Honolulu’s competitive real estate market.
Conclusion
The acquisition of the Kapiolani Blvd. office building marks a significant milestone for Bowers and Kubota Consulting. As the company prepares to move into its new workspace, it remains committed to continuing its long-standing tradition of excellence in service delivery in construction and project management across Hawaii.
FAQ
What is the significance of Bowers and Kubota Consulting’s acquisition?
The acquisition allows Bowers and Kubota Consulting to consolidate its services in Honolulu, enhancing operational efficiency and fostering collaboration among employees.
What businesses are located in the office building?
The building hosts a diverse array of businesses, including medical, dental, accounting, healthcare administration, and retail services.
When was the building constructed?
The 12-story tower was built in 1991.
Will current tenants be affected by the sale?
No, the sale will not impact the businesses currently operating in the building.
Key Features of the Property
| Feature | Description |
|---|---|
| Location | 1601 Kapiolani Blvd., Honolulu, Hawaii |
| Purchase Price | $19 million |
| Building Size | 75,000 square feet |
| Floors | 12 |
| Year Built | 1991 |
| Types of Businesses | Medical, dental, accounting, healthcare, and retail services |
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- Wikipedia: Real Estate Development
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