Maxxam Enterprises, a Beverly Hills, Calif. investment firm, is shopping a 27-acre beachfront site on Maui that is prepped for construction of 388 timeshare units, according to Real Estate Alert, a weekly update on the institutional marketplace.
Maxxam Enterprises has chosen Chicago-based Jones Lang LaSalle to market the property, which is expected to attract bids of about $68 million.
The site, at 575 S. Kihei Road in Southwest Maui, now houses the 120-room Aston Maui Lu hotel, which opened in…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/PF-MtKZYq8w/maxxam-enterprises-trying-to-sell.html
Leave a Reply
You must be logged in to post a comment.