JLL represents Jeans Warehouse in acquisition of two industrial facilities in Halawa Valley, Honolulu

 

Cullen Oesterly

HONOLULU, HI., May 10, 2023 –– Confirming continued demand for Honolulu industrial space, JLL announced today that Jeans Warehouse, a leading apparel retailer, has acquired a 16,000-square-foot industrial facility located at 99-984 Iwaena Street in the Aiea neighborhood of Honolulu, Hawaii. 

 

 The price was not disclosed. The new building will be used for product warehousing, online marketplace, and photo studio.

 

The acquisition of 99-984 Iwaena Street comes of a few months after Jeans Warehouse acquired an 18,500-square-foot industrial facility located at 99-910 Iwaena Street in the Aiea neighborhood of Honolulu, Hawaii for distribution and administration.

 

JLL Vice President Cullen Oesterly represented Jeans Warehouse in both acquisitions as well as the seller of the most recent acquisition, CTY Investors, Ltd.

99-984 Iwaena Street in the Aiea neighborhood
 of Honolulu, Hawaii

“Jeans Warehouse chose these two buildings because of their location, building quality, property configuration and proximity to its stores and other facilities,” said Oesterly. 

 

 “Honolulu continues to experience a scarcity of functional and centrally located large warehouse space following a post-pandemic shift in ecommerce demand.”

 

 

CONTACT:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

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