Honolulu Club office building not actively being marketed for sale anymore

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The Honolulu Club mixed-use office building along Ward Avenue that’s home to the popular upscale health club was actively being marketed for sale by its owners, Shimogawa Scoops has learned.
However, in public filings released Friday by California real estate investment trust Douglas Emmett Inc., which owns a two-thirds interest in the 80,000-square-foot building, said that during the second quarter it “ceased marketing the assets for sale.”
Douglas Emmett, which owns other Hawaii office buildings including Bishop Square and Harbor Court in Downtown Honolulu, said that, during the first quarter, it actively marketed the Honolulu Club building for sale. No other details were revealed regarding the building, which is also owned by Hawaii developer Dick Gushman.

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