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The Honolulu Advertiser
Posted on: Monday, August 31, 2009

A&B acquires two distribution warehouses in California


Advertiser Staff

Alexander & Baldwin Inc. said it has purchased two distribution warehouses in Fullerton, Calif., for an undisclosed price.

The company, through subsidiary A&B Properties Inc., said the buildings with a combined 119,400 square feet of leasable area in the Northpoint Commerce Center industrial park are fully occupied by a records management company and food service distributor.
The purchase is A&B�s seventh industrial real estate acquisition in the last two years, bringing the firm�s commercial property investment portfolio to 8.5 million square feet of retail, office and industrial space in Hawaii and eight Mainland states.