{"id":1004129398,"date":"2015-10-15T06:44:37","date_gmt":"2015-10-15T14:44:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004129398"},"modified":"2021-05-15T07:31:04","modified_gmt":"2021-05-15T15:31:04","slug":"aloha-state-asset-sells-in-record-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/","title":{"rendered":"Aloha State Asset Sells in Record Deal"},"content":{"rendered":"

By Adriana Pop, Associate Editor <\/em><\/p>\n

JFC International Inc.<\/a>, an Asian food distribution company based in Los Angeles, paid $12.9 million to acquire the former Oroweat Bakery property in Aiea from Providence, R. I.-based Moanalua Associates.<\/p>\n

\"98-736<\/a>

98-736 Moanalua Loop in Aiea, Oahu<\/p><\/div>\n

The acquisition price, according to the Pacific Business News<\/a>, marks one of the largest industrial real estate deals in the state this year. The purchase included two transactions, one for the asset\u2019s leasehold interest and another for the fee interest.<\/p>\n

The 2.6-acre former Oroweat Bakery has a rentable building area of 35,200 square feet. The property is located at 98-736 Moanalua Loop, across the street from the Pearlridge shopping mall and directly between the proposed Pearlridge rail transit station and Robertson Properties Group\u2019s planned $1.5 billion mixed-use<\/a> development project.<\/p>\n

The building\u2019s tenants include Fileminders of Hawaii Inc., Dairygold Inc. and Verizon Federal Inc.<\/p>\n

Trent Thoms, a senior associate for CBRE Hawaii<\/a>, represented JFC in the deal, while William Froelich, senior vice president of the industrial and investment services divisions of Colliers International Hawaii<\/a>, represented the seller.<\/p>\n

Formally established in 1958, JFC currently offers a product line of more than 15,000 items, including Ito En Aloha Maid Natural drinks, Wafu Japanese Vinaigrette, Sun Tropics Coconut Juice and Sapporo Light Beer. The company has offices all over the United States, Mexico and Canada. Its Hawaii branch is located at 887 N. Nimitz Highway in Honolulu.<\/p>\n

Image via\u00a0Colliers International Hawaii<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The former Oroweat Bakery property in Aiea sold in one of the largest industrial real estate deals in Hawaii in 2015. <\/p>\n","protected":false},"author":260,"featured_media":1004129404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1588,21748,21742],"tags":[],"class_list":["post-1004129398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-honolulu","category-industrial","category-latest"],"acf":[],"yoast_head":"\nAloha State Asset Sells in Record Deal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aloha State Asset Sells in Record Deal\" \/>\n<meta property=\"og:description\" content=\"The former Oroweat Bakery property in Aiea sold in one of the largest industrial real estate deals in Hawaii in 2015.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-15T14:44:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T15:31:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/\",\"name\":\"Aloha State Asset Sells in Record Deal - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png\",\"datePublished\":\"2015-10-15T14:44:37+00:00\",\"dateModified\":\"2021-05-15T15:31:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png\",\"width\":600,\"height\":445,\"caption\":\"98-736 Moanalua Loop in Aiea, Oahu\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aloha State Asset Sells in Record Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad\",\"name\":\"Adriana Pop\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91\",\"caption\":\"Adriana Pop\"},\"description\":\"Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https:\/\/www.linkedin.com\/in\/ioana-adriana-pop-811772108\/.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adriana-pop\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Aloha State Asset Sells in Record Deal - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/","og_locale":"en_US","og_type":"article","og_title":"Aloha State Asset Sells in Record Deal","og_description":"The former Oroweat Bakery property in Aiea sold in one of the largest industrial real estate deals in Hawaii in 2015.","og_url":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-10-15T14:44:37+00:00","article_modified_time":"2021-05-15T15:31:04+00:00","og_image":[{"width":600,"height":445,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png","type":"image\/png"}],"author":"Adriana Pop","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/","url":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/","name":"Aloha State Asset Sells in Record Deal - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png","datePublished":"2015-10-15T14:44:37+00:00","dateModified":"2021-05-15T15:31:04+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png","width":600,"height":445,"caption":"98-736 Moanalua Loop in Aiea, Oahu"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/aloha-state-asset-sells-in-record-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Aloha State Asset Sells in Record Deal"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad","name":"Adriana Pop","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91","caption":"Adriana Pop"},"description":"Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https:\/\/www.linkedin.com\/in\/ioana-adriana-pop-811772108\/.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adriana-pop\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/98-736-Moanalua-Loop-in-Aiea-Oahu.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004129398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/260"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004129398"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004129398\/revisions"}],"predecessor-version":[{"id":1004533805,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004129398\/revisions\/1004533805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004129404"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004129398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004129398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004129398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}