Green Touch Builders | Alexander & Baldwin's The Collection condo project in Honolulu 93% sold
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March 3, 2015 By SEO Admin

Alexander & Baldwin's The Collection condo project in Honolulu 93% sold

Alexander & Baldwin Inc.’s The Collection residential project in Kakaako, which started construction in October, has pre-sold 93 percent of its 450 units, the vast majority of which are being purchased by local buyers, the company said Monday.

Honolulu-based Alexander & Baldwin (NYSE: ALEX) said 88 percent of the units pre-sold at The Collection were under binding contracts.

A&B paid $23 million to Kamehameha Schools for the former CompUSA lot it is developing as its The Collection project in Kakaako.

“We…