Prominent Hawaii family buys nearly 9-acre industrial property in West Oahu

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The Watumull Corp., owned by one of the most prominent families in Hawaii with ties to real estate and retail, has purchased a nearly nine-acre property from the Honsador Lumber Co. at Campbell Industrial Park in West Oahu for about $14.3 million, Shimogawa Scoops has learned.
WPC Hanua LLC closed on its purchase on October 25 of the 383,981-square-foot parcel on Hanua Street that has three buildings that total 56,000-square-feet. Honsador Truss Roof and Floor Trusses currently occupies the property.
The purchase of the I-2 zoned property comes out to $37.24 per square foot. It has a total assessed value of about $10.3 million, according to tax records. C&S Wholesale Grocers is adjacent to the property.
More than a century ago, the Watumulls, who hail from India, started out with a shop on Fort Street in Downtown Honolulu, eventually growing to become a force to be reckoned with in the Hawaii business community with its iconic Aloha wear and real estate investments.







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