Voit buys Hawaii industrial

Gains 200,000 square feet in state capital

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Voit Development Co. acquired a 200,000-square-foot, multi-tenant industrial building in Honolulu, Hawaii. The value of the transaction was approximately $4.8 million. GE Capital was the seller. At the time of sale, the building was 97 percent leased in a market with under 3 percent vacancy in the industrial sector. Tenants include pharmaceutical distributors McKesson and Amerisource Bergen, as well as Hilo Hattie, the largest retail source for Hawaiian and island lifestyle products. Chris Deason of Voit Commercial Brokerage represented Voit in the transaction. Dana Peiterson of CB Richard Ellis in Honolulu represented GE Capital. Woodland Hills, Calif.-based Voit Development Co. is a commercial real estate company. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....