Wealthy SF investor buys 92 acres in Hawaii

On the North Shore of Oahu, a stretch of former Dole Food Company Inc. land was sold to Novato-based GREG Oahu LLC, an acronym for the Gund Real Estate Group, which is managed by California investor George F. Gund IV.

The $5 million sale included six parcels totaling nearly 92 acres in Waialua, situated roughly 2 miles from Haleiwa Town. The properties consist primarily of agricultural land, along with smaller residential and commercial classed parcels, according to public records. All of the acreage is sandwiched between two residential areas, just south of Waialua Elementary School and Waialua District Park.

A San Francisco native, Gund is part of the Gund family, which Forbes has ranked among the wealthiest families in the US, with an estimated net worth of $3.4 billion. His father, George Gund III, was the former owner of the San Jose Sharks hockey team…

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