Hawaii Developer Buys 67K-SF Retail Center from Church

HawaiiHawaiian developer Peter Savio bought the 66,786-square-foot Niu Valley Shopping Center in East Oahu through an off-market transaction. First Assembly Kings Cathedral and Chapels, which owns the adjacent King’s Chapel East Oahu, pocketed $18.5 million in the transaction. Savio intends to sell the spaces at 549 Halemaumau St. to the tenants in a condominium conversion …

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Author: Amy Wolff Sorter

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