A collection of scoops/exclusive stories from Hawaii's commercial real estate/development industry by veteran journalist Duane Shimogawa, who has worked in radio, print and television news in the state and on the Mainland. Shimogawa is now a Real Estate Analyst and Licensed Real Estate Salesperson for a Honolulu development firm. Send tips/leads to email@example.com. Follow him on Twitter @dshimogawa or LinkedIn @ Duane Shimogawa
Chobani registers to do business in Hawaii
Chobani, the largest Greek yogurt company in the United States, has recently registered to do business in Hawaii.
It's not known what the yogurt giant's plans are yet but its "Chobani LLC" registration with the state Department of Commerce and Consumer Affairs on June 28, could mean several things, including a possible new retail location in the Islands.
Chobani already has a New York City cafe that opened in 2012, and has big plans to grow through "experiential marketing," which includes such ventures as retail locations. The New York-based yogurt company, which is making a heavy push to get consumers to eat yogurt beyond breakfast, also has opened cafes within stores, including one inside a Target store in New York. This move also helps out big-box retailers fill out their big spaces.
Of course, Chobani's items are already familiar to consumers in Hawaii with its yogurts at supermarkets across the state, including Safeway and Foodland.
Chobani is one of several other brands found in supermarkets across the country that has made the jump to brick-and-mortar locations. Nestle is another example of this growing trend with more than 100 locations around the world.
A teenager who attends Punahou School has recently started his own social media management agency.
Scott Nakaoka, a 17-year-old senior from the prominent Honolulu school that includes former President Barack Obama as one of its former graduates, has formed Kakou Communications LLC.
He told this blog that his company's goal is to help older mom-and-pop companies to modernize their business to keep up-to-date in today's society.
"We want to move their paper advertising to online and help build or refresh their websites," Nakaoka said. "My generation is all about social media. We are constantly on Facebook, Instagram, Twitter, Snapchat, etc., and growing up with social media helped me gain knowledge about what, when and how to post."
He said it also taught him what types of posts or web designs grab people's attention and what has potential to be shared, liked and reposted.
Kakou, a Hawaiian word, translates into English as "everyone" or "e…
A new restaurant is opening in the space formerly occupied by the popular Pearl Ultralounge at Ala Moana Center in Honolulu that has been vacant for about four years.
Grub & Barrels Inc. has filed a building permit Monday with city regulators to open its new restaurant in the former Pearl space at Hookipa Terrace on the third floor of the state's largest shopping center.
The company, which was formed earlier this year by Annie Kim, has registered the trade names "Grub & Barrels" and "The Brilliant Ox."
John Harada of Honolulu-based In + Form Design Inc. is listed as the architect for the project.
In 2013, Pearl closed after being in business for seven years due to years of damage from water leaks from the tenant above — Romano's Macaroni Grill.
In other restaurant news at Ala Moana Center, chef Alan Wong announced Monday that his Pineapple Room restaurant at Macy's is closing at the end of this month.
An Atlanta-based investment advisor has purchased 500 acres of agricultural land on the Big Island of Hawaii for $3.5 million.
Domain Capital Advisors, which has more than $4 billion assets under management, paid $7,000 per acre on its purchase of the hundreds of acres at the Kealakekua Heritage Ranch on the Kona Coast of the Big Island. The seller was Tom Pace.
The land on Greenwell Mountain Road has a market value of about $2 million, public records show.
The land has one improvement, a single-story, 1,412-square-foot home that was built in 1972.
There have been several big land purchases by notable Mainland investors in the last several years including Oracle Corp.'s former CEO Larry Ellison's $300 million purchase of 98 percent of the island of Lanai in 2012 and Facebook CEO Mark Zuckerberg's more than $100 million purchase of hundreds of oceanfront acres on the island of Kauai. Molokai Ranch, which consists of about 35 percent of the island, is currently listed for $2…