TNP Strategic Retail Trust Inc. said it has an agreement to sell the Waianae Mall in Hawaii to an unnamed buyer.
The Irvine, Calif.-based real estate investment trust bought the 170,275 square-foot mall in Leeward Oahu, which is anchored by Long’s Drugs and City Mill, for $25.7 million in June 2010. Other tenants include American Savings Bank, Burger King, Fantastic Sam’s and Goodyear Tire.
“The property has performed well and has met our strategic goals. We have decided to sell the property…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/t5iail72Fvs/tnp-strategic-retail-trust-selling.html