Business Monday: Honolulu real estate company buys family-owned Pāhoa Village Center

A real estate company based in Honolulu has purchased the family-owned Pāhoa Village Center.

Watumull Properties Corporation acquired the 101,000-square-foot neighborhood shopping center located at 15-2880 Pāhoa Village Road in Pāhoa in October for $4.39 million from the Bellman family.

The family, which has owned the center since at least 1984, added to the property during its stewardship.

Hawai‘i County Council Member Ashley Kierkiewicz thought the news about the real estate purchase was exciting…

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