{"id":1004151534,"date":"2016-09-02T08:39:30","date_gmt":"2016-09-02T16:39:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004151534"},"modified":"2021-05-14T21:18:53","modified_gmt":"2021-05-15T05:18:53","slug":"jll-to-manage-hawaii-shopping-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-to-manage-hawaii-shopping-center\/","title":{"rendered":"JLL to Manage Hawaii Shopping Center"},"content":{"rendered":"<p><em>By Adriana Pop<\/em><\/p>\n<p><strong>Wailea, Hawaii<\/strong>\u2014<a href=\"https:\/\/www.us.jll.com\/united-states\/en-us\" target=\"_blank\" rel=\"nofollow noopener\">JLL<\/a> has been retained to manage and handle accounting services for <a href=\"https:\/\/www.theshopsatwailea.com\/\" target=\"_blank\" rel=\"nofollow noopener\">The Shops at Wailea<\/a> in Maui, on behalf of the <a href=\"https:\/\/www.commercialsearch.com\/news\/retail\/\" target=\"_blank\" rel=\"noopener\">retail center<\/a>\u2019s new owner.<\/p>\n<div id=\"attachment_1004151536\" style=\"width: 282px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/The-Shops-at-Wailea.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004151536\" data-attachment-id=\"1004151536\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jll-to-manage-hawaii-shopping-center\/the-shops-at-wailea\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/The-Shops-at-Wailea.png\" data-orig-size=\"1019,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"The Shops at Wailea\" data-image-description=\"&lt;p&gt;The Shops at Wailea &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The Shops at Wailea &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/The-Shops-at-Wailea.png?w=1019\" loading=\"lazy\" class=\"wp-image-1004151536\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/The-Shops-at-Wailea.png\" alt=\"The Shops at Wailea \" width=\"272\" height=\"160\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/The-Shops-at-Wailea.png 1019w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/The-Shops-at-Wailea.png?resize=300,177 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/The-Shops-at-Wailea.png?resize=768,452 768w\" sizes=\"auto, (max-width: 272px) 100vw, 272px\" \/><\/a><p id=\"caption-attachment-1004151536\" class=\"wp-caption-text\">The Shops at Wailea<\/p><\/div>\n<p>Earlier in August, Chicago investment management firm <a href=\"https:\/\/www.heitman.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Heitman Capital Management LLC<\/a> acquired the luxury Maui shopping center. The property\u2019s purchase price was $342 million, according to the sales deed obtained by the <em>Pacific Business News<\/em>.<\/p>\n<p>Located in the heart of the affluent Wailea Resort, the 176,229-square-foot center features global luxury retailers including Louis Vuitton, Prada, Gucci, Bottega Veneta, Rolex and Tiffany &amp; Co., with Island Gourmet Market launching in September.<\/p>\n<p>Hawaii Retail Market Lead Kirk Horiuchi is leading the JLL team on this management assignment. Leslie Brown of <a href=\"https:\/\/www.lesliebrownassociates.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Leslie Brown Associates<\/a> has been retained to perform leasing services for the center.<\/p>\n<p>\u201cThe Shops at Wailea is one of Hawaii\u2019s most prominent luxury shopping centers and a destination for both visitors and locals alike and is within walking distance of 3,000 hotel rooms and 1,400 luxury condo units,\u201d Horiuchi said in prepared remarks. \u201cWe are very excited to be managing this trophy property for its new owner, and look forward to enhancing its revenue by creating operating efficiencies.\u201d<\/p>\n<p>JLL leases or manages some of Hawaii\u2019s largest and most prestigious shopping centers, including Windward Mall in Kaneohe, Keauhou Shopping Center in Kona, Queen Kaahumanu Center in Kahului, Kings\u2019 Shops in Waikoloa, as well as Hawaii Kai Towne Center and Kapalama Center in Honolulu.<\/p>\n<p><em>Image via Google Street View <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the new owner of The Shops at Wailea on the island of Maui, Heitman selected JLL to handle the property\u2019s management and accounting services.<\/p>\n","protected":false},"author":260,"featured_media":1004151536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1588,21742,21785,21749,15],"tags":[],"class_list":["post-1004151534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-honolulu","category-latest","category-property-management","category-retail","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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