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The Honolulu Advertiser

Posted at 4:50 p.m., Friday, November 30, 2007

Malulani Investments sells Dallas industrial building

Advertiser Staff

Honolulu-based real estate investment and development firm Malulani Investments Ltd. said it has sold a 115,000-square-foot industrial building in Dallas for $15.8 million.

The company said the sale was part of a portfolio of buildings bought on the Mainland beginning in 1997. The firm also sold the 252,000-square-foot West Maui Center retail complex earlier this year.

Malulani's portfolio includes industrial, retail and residential property in Hawai'i, California, Texas, Indiana and North Carolina as well as California's 21,349-acre Langtry Estate & Vineyards.