As you can see in our latest market report for May 2017, there is noticeable downsizing happening in downtown Honolulu. As the president of Hawaii Commercial Real Estate, Jamie Brown, has stated – there’s a definite trend where everyone is moving into smaller space. In the big picture, outside of the downtown area, vacancy is going down and occupancy is going up.
You can read Jamie Brown’s full statement for the Pacific Business News in BizJournals. In order to read the article in its entirety, you have to be logged in.