Case Study
King Kalakaua Plaza by Marriott
Partnered with a leading global hospitality company to acquire a premier retail property in downtown Honolulu, HI to convert into an exclusive premium vacation ownership resort.
Details
Location: 2080 Kalakaua Ave & 375 Kalaimoku St, Honolulu, HI 96815
Status: Acquisition and pre-development financing provided in partnership with Marriott Vacations Worldwide for a ground up urban vacation ownership resort.
Closing Date: Q1, 2020
Realization Date: Q3, 2022
Project Info
- 4-story, 78,113 SF premier retail building built in 1997
- Features an operating 2-story underground parking garage with 184 spaces
- Strategically situated on a 1.05-acre site in the core neighborhood of downtown Waikiki
- Within walking distance of numerous restaurants, retailers, Waikiki Beach, and the Honolulu Zoo
