The Shidler Group has sold its only Neighbor Island property, the Gold Coast Business Center in Kailua-Kona, to a San Francisco-based real estate investment firm.
Fowler Property Acquisitions bought the 104,988-square-foot property, which consists of eight buildings, for $8.5 million, the Honolulu-based Shidler Group said Tuesday. Brooks Borror, formerly of Grubb & Ellis/CBI Inc., served as the broker for the transaction.