BUSINESS BRIEFS
Akamai storage bought for $23 million
Advertiser Staff
California-based Public Storage Inc. said it is buying 79,000-square-foot Akamai Self Storage in 'Ewa Beach for about $23 million.
Akamai Self Storage opened a year ago and was developed by 923 Development Group LLC, an investment group out of Tennessee.
UTILITIES FUND TO PUSH EFFICIENCY
The Public Utilities Commission said it will create a fund to promote programs and services that increase efficiency, reduce electricity consumption and ultimately decrease Hawai'i's dependence on fossil fuels.
The Public Benefits Fund will take over the efficiency programs currently run by each of the Hawaiian Electric companies on O'ahu, Maui and the Big Island. The transfer, to be completed by January 2009, is designed to remove the perceived conflict between a utility's desire to generate revenues and its motivation to implement energy-saving measures that decrease sales and defer the need for additional plant investments, the PUC said.
HONOLULU RANKS 14TH FOR WALKING
Honolulu was beat out by Madison, Wis.; Austin, Texas; and San Francisco as top cities for walker-friendly fitness.
Honolulu ranked 14th on the list published by Prevention magazine and the American Podiatric Medical Association. The ranking was based on factors such as safe streets, natural beauty, weather, number of parks, and percentage of the population that walks for exercise.
