Hawaii Site Selection
Hawaii site selection is cheaper than
other leading business destinations in US West Coast and Asia.
Honolulu provides an exceptional amount of industrial,
commercial and residential properties to match your specific needs.
To review available inventory, visit Honolulu's
Commercial Property Locator.
Office Space
On average, the vacancy rate for metropolitan
office space is about 18 percent. Honolulu has 14 Class A buildings
(4,731,890 sq ft), 75 Class B buildings (7,747,852 sq ft.) and 73
Class C buildings (2,890,435 sq ft.). In 2002, Honolulu had approximately
15 million square feet of office space. Much of it is wired with
technology in mind.
Gross Rent
At the end of year 2002, Class A Gross Rent per
sq. ft was cheaper than other leading business destinations in US
West Coast and Asia. Honolulu's Class A Gross Rent was $27.6. Compared
this to $41 in Seattle, $49.5 in San Francisco, $100 in New York
Mid Town, $ 113.84 in Tokyo.
Source:
Colliers Monroe Friedlander
Industrial
Honolulu also has a ample inventory of industrial
buildings, totaling about 34 million square feet, with vacancy rates
hovering around 5 percent. Honolulu also has quite a few High-Tech
Parks and incubators that offer the services, space and infrastructure
needed by today’s technology companies.
|