Real estate company focused on real estate development, commercial real estate, and land operations primarily in Hawaii.
Alexander & Baldwin, Inc. (A&B) stands as Hawai'i's foremost commercial real estate enterprise and holds the distinction of being the largest proprietor of grocery-anchored, neighborhood shopping centers across the state. A&B actively owns, operates, and oversees approximately 3.9 million square feet of commercial space in Hawai'i, which encompasses 22 retail centers, ten industrial assets, four office properties, and 154 acres of ground leases. These core holdings represent nearly 72% of A&B's total asset base.
In addition to its commercial real estate portfolio, A&B manages non-core assets that include renewable energy generation facilities and approximately 27,000 acres of agricultural and conservation land. The company also operates a vertically integrated paving business. A&B is strategically focused on enhancing its status as a premier Hawai'i-centric commercial real estate entity by fortifying and expanding its commercial real estate (CRE) portfolio within the state while divesting non-core assets.
With a legacy spanning 150 years, A&B has been integral to Hawai'i's economic development across various sectors, including agriculture, transportation, tourism, construction, residential, and commercial real estate. The company continues to adapt and evolve in alignment with the state's evolving economic landscape, maintaining its leadership position through strategic investments and prudent management of its diverse asset base.
As it moves forward, A&B remains committed to leveraging its deep-rooted expertise and longstanding presence in Hawai'i to drive sustainable growth and create enduring value for its stakeholders. The company's proactive approach to portfolio management and strategic initiatives underscores its dedication to delivering consistent performance and contributing positively to the communities it serves.