A longtime Alexander & Baldwin industrial yard in Kalihi has a new owner, with heavy equipment dealer Hawthorne Cat dropping $8.56 million to turn the site into extra breathing room for its Oʻahu operations.
The company plans to renovate the property and run it as a secondary hub for rentals and parts, shifting some of its fleet and inventory closer to Honolulu’s industrial core and the contractors who depend on it.
As reported by Pacific Business News, Alexander & Baldwin was the seller and Hawthorne Cat was the purchaser in the $8.56 million deal. The site, a former Alexander & Baldwin industrial holding, will be refitted to support Hawthorne’s rentals fleet and parts distribution on Oʻahu…