MULTI-FAMILY     LAND     LEASING     RE-DEVELOPMENT     OFFICE

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Have a chat with a Kona-based real estate professional. Use the contact form below for a quick response. Aloha!

DEVELOPMENT/RE-DEVELOPMENT

West Hawaii is a wonderful market for property owners to sell and investors to purchase redevelopment projects. Not only is Hawaii one of the fastest growing states by population increase, but West Hawaii is growing faster than any other area in the Hawaiian Island chain. With the skyrocketing demand for Big Island real estate and the numerous municipal improvement projects being undertaken in West Hawaii (ie $126 million in KOA airport improvements, $25 million construction of Palamanui college and $55 million judiciary complex), redevelopment opportunities are becoming more appealing to individual and institutional investors.

In addition to the expanding real estate market and infrastructure improvements, the areas on the Big Island where zoning permits commercial and multi-family development are littered with buildings in varying states of disrepair. Given that West Hawaii has yet to be targeted by the redevelopment investor, there is no better time to explore a redevelopment project on the Big Island than now.

Navigation represents both property owners and buyers in connection with the sale and acquisition of redevelopment projects in West Hawaii. We offer brokerage and consulting services on redevelopment projects including but not limited to: commercial, multi-family/apartment, industrial or land assets.

LAND

Navigation represents land owners and buyers seeking to sell/purchase land in Kohala, Kona, Ka’u and throughout the Big Island. We maintain significant expertise in all types of land transactions, including but not limited to:

  • Commercial Development
  • Apartment and Multi-Family Development
  • Residential Subdivision
  • Luxury Development
  • Undeveloped Tracts
  • Farms, Ranches, and Agricultural Tracts
  • Undeveloped and Raw Land
  • Redevelopment

A land transaction can present a valuable opportunity for seller and buyer alike. However, a land development transaction involves more than simply uploading a listing on the MLS and waiting for a buyer to make an offer.

In a land transaction, it is critically important for a seller to identify the right type of buyer and for a buyer to identify the right type of project. An experienced land broker can offer significant value to a client seeking to sell/buy land assets.

Unlike the sale of a home or even a commercial property, a land transaction can take months or even years to close after offer acceptance. The buyer willing to pay the highest price for a land asset will most likely require a protracted closing in order to perform feasibility studies and embark upon, or continue with, the permitting and entitlement process for their desired project. Due to the numerous challenges presented during the feasibility and contingency periods, It is important to select a broker who maintains the experience and expertise necessary to identify and work through such obstacles and to know when to walk away from a transaction if necessary.

Navigation is here to meet the needs of Hawaii Island land owners and those seeking to acquire land assets here on the Big Island. To schedule a free consultation to discuss how we can assist with your Hawaii Island land sale or acquisition needs, please call or email us by completing the “Contact Us” box to the left.

 

MULTI-FAMILY/APPARTMENTS

Navigation Real Estate represents clients in the acquisition and disposition of apartment buildings, multi-family assets and other income-producing properties located in Hawaii.  We market and locate such properties on behalf of Hawaii, mainland, and international clients.

Navigation’s principal broker, Jeffrey Foster, is also a practicing attorney licensed in Hawaii and Washington State. As an attorney, Mr. Foster represents clients in the sale and acquisition of multi-family assets. In two relatively recent transactions, Mr. Foster represented a seller in the successful disposition of a 92-unit building and a 97-unit building in Washington State.

Whether buying or selling, our team-based brokerage model ensures that clients receive not only experience and superior service from our agents, but also the piece-of-mind knowing that the client’s investment objectives will be understood, respected and strategically carried out with the highest level of professionalism. Navigation is available to represent and/or consult with investors at every stage of the muti-family sale and acquisition platform.

OFFICE

Navigation is available for representation by office building owners, office building purchasers, as well as tenants seeking office space on the Big Island of Hawaii. We offer both brokerage (sale/purchase) and leasing services to property and business owners seeking to sell, buy and/or lease office space in Kona and Kohala. We are also available (on a case-by-case basis) to serve as a consultant or cooperating broker to agents, realtors, and brokers from Oahu, Maui, and Kauai.

Whether you are the owner of an office building seeking a successful disposition or a buyer seeking to acquire an office asset, we offer full-service representation to clients here on the Big Island as well as clients located in the U.S. and from around the world. With offices in both Hawaii and Washington State, Navigation understands the challenges and nuances presented in a commercial office sale transaction here on the Big Island.

We combine local market expertise with mainland experience to deliver individually-tailored sell/buy/lease solutions for property owners, buyers, and tenants alike. As a relatively new commercial brokerage here in Kona, we are not beholden by conflict or affiliation.

For more information on our office brokerage practice, please don’t hesitate to call or submit an inquiry through our “Contact Us” box to the right. We look forward to assisting you with your Big Island Hawaii office brokerage needs. Mahalo.

LEASING

At Navigation Real Estate, we understand the importance of listening and gaining a thorough understanding of our client’s short and long-term financial objectives when devising a custom-tailored leasing strategy. We strive to stay one step ahead of the market by focusing on not only identifying trends and surveying analytics in the local rental market, but also by studying factors in the broader economy that drive rental rates and terms here in Hawaii.

Our leasing practice encompasses both landlord and tenant representation of clients from around the world and across all types of commercial properties in Hawaii, including:

  • Retail
  • Office
  • Industrial
  • Land

What sets us apart from the traditional brokerage is our independence. We have no affiliation with building owners, other brokerage firms, local leasing agents or specific listings to which we are not the listing broker. We work with landlords and tenants on a deal-by-deal basis and do not accept retention agreements.

Therefore, Navigation brokers and agents have no favors to return or owners to be beholden to. Our independence, combined with our team-oriented brokerage model, results in a value-added service model and the piece-of-mind that the client’s interests come first.

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