Honolulu, August 6, 2025
News Summary
Bowers and Kubota Consulting has acquired a prominent office building at 1601 Kapiolani Blvd. for approximately $19 million. This acquisition consolidates the company’s services in architecture, engineering, and project management under one roof, enhancing operational efficiency while ensuring that current tenants remain unaffected. The 12-story building offers nearly 75,000 square feet of office space, further establishing Bowers and Kubota’s presence in Honolulu’s competitive real estate market.
Honolulu Sees Real Estate Activity with Bowers and Kubota Consulting’s Acquisition
Honolulu-based Bowers and Kubota Consulting has successfully acquired a prominent office building located at 1601 Kapiolani Blvd. for approximately $19 million. This strategic investment aims to consolidate the company’s various services in architecture, engineering, construction, and project management under a single roof in the heart of Honolulu.
The 12-story building, constructed in 1991, encompasses nearly 75,000 square feet of office space. Existing businesses within the building span a variety of industries, including medical, dental, accounting, healthcare administration, and retail services. Bowers and Kubota Consulting’s acquisition will enhance its operational capabilities while ensuring that current tenants remain unaffected during and after the transition.
The deal was facilitated by Colliers Hawaii, representing Bowers and Kubota Consulting, while Pacific Properties Group represented the seller, Shaw Foundation Properties, which is based in Hong Kong. The building’s relative newness, favorable condition, and ample parking made it an appealing option for Bowers and Kubota Consulting, as noted by industry professionals.
Operational Plans and Impact
Upon moving into the new office space, Bowers and Kubota Consulting plans to streamline its operations in Honolulu, concentrating its workforce and resources in one central location. This consolidation is anticipated to improve efficiency in the delivery of its services, which include oversight in construction projects and consultancy in architectural design.
The acquisition aligns with Bowers and Kubota Consulting’s goal to enhance its business footprint in the region, signaling confidence in Honolulu’s market. The building remains well-positioned to serve the needs of the diverse range of businesses currently operating within it, all of which are expected to continue their operations uninterrupted.
Building Characteristics and Market Context
This building’s location at Kapiolani Boulevard places it in a prime area of Honolulu, known for attracting various businesses due to its accessibility and facilities. With the total area approaching 75,000 square feet, it offers a significant amount of space compared to many other commercial properties in the island, which often face challenges of space and zoning constraints.
The Hawaii commercial real estate market has seen heightened activity in recent years, with a focus on more modern buildings that cater to a variety of business needs. This acquisition represents a shift towards more robust office infrastructure in the area, highlighting the ongoing demand for high-quality commercial real estate.
Summary of Key Facts
- Buyer: Bowers and Kubota Consulting
- Seller: Shaw Foundation Properties
- Cost: Nearly $19 million
- Location: 1601 Kapiolani Blvd., Honolulu
- Building Size: Approximately 75,000 square feet
- Number of Stories: 12
- Year Built: 1991
- Market Representation: Colliers Hawaii and Pacific Properties Group
Frequently Asked Questions
What type of services does Bowers and Kubota Consulting provide?
Bowers and Kubota Consulting specializes in construction and project management, as well as architecture and engineering services.
Will the acquisition affect current tenants in the office building?
No, the sale will not impact the businesses currently operating in the building.
What is the significance of this purchase for Bowers and Kubota Consulting?
The acquisition allows Bowers and Kubota Consulting to consolidate its Honolulu-based services into one central office, improving operational efficiency.
What types of businesses are housed within the building?
The building hosts a blend of businesses, including medical, dental, accounting, healthcare administration, and retail services.
How large is the office building acquired by Bowers and Kubota Consulting?
The office building is approximately 75,000 square feet in size.
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