Honolulu — JLL has been retained to manage and handle accounting services for The Shops at Wailea in Maui, Hawaii, on behalf of a global real estate investment firm. The recently acquired 176,229-square-foot retail destination is located in the heart of the affluent Wailea Resort. The property boasts global luxury retailers including Louis Vuitton, Prada, Gucci, Bottega Veneta, Rolex and Tiffany & Co., with Island Gourmet Market launching in September.
Hawaii Retail Market Lead Kirk Horiuchi is leading the JLL team on this management assignment. Leslie Brown of LBA has been retained to perform leasing services for the center.
“The Shops at Wailea is one of Hawaii’s most prominent luxury shopping centers,” says Horiuchi. “We are very excited to be managing this trophy property for its new owner, and look forward to enhancing its revenue by creating operating efficiencies.”
In Hawaii, JLL employs more than 50 retail professionals and leases and/or manages some of the state’s largest and most prestigious shopping centers, including Windward Mall in Kaneohe, Keauhou Shopping Center in Kona, Queen Ka’ahumanu Center in Kahului, Kings’ Shops in Waikoloa, as well as Hawaii Kai Towne Center and Kapalama Center in Honolulu.
As the largest third party retail property manager in the United States, JLL is currently handling the management, leasing and/or disposition of more than 710 centers, totaling 83 million square feet. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For more information, visit www.jllretail.com and www.jll.com.
SOURCE: JLL