Honolulu Star-Advertiser’s Kapolei property is up for sale
The Canadian owner of the Honolulu Star-Advertiser, the largest media organization in Hawaii, is looking to sell the the property that houses the paper’s printing press and distribution center in Kapolei in West Oahu. CBRE has the listing, which was just released: http://campaign.r20.constantcontact.com/render?m=1102006692645&ca=94d8b401-76bd-45df-b900-169eb9b4bfe9
Oahu Publications, owned by Canadian publisher David Black, purchased the property in 2010 for $32.9 million as part of an acquisition of Gannett’s Honolulu Advertiser by the Honolulu Star-Bulletin.
It is a great article for those who are thinking to invest in Honolulu real estate market. As you said, the price of houses for sale in honolulu have declined -2.6% over the past year and will fall -3.1% by June 2020; I would like to know that the price of houses will fall or increase in the next 2 years?
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