JLL to Manage Hawaii Shopping Center
ByAs the new owner of The Shops at Wailea on the island of Maui, Heitman selected JLL to handle the property’s management and accounting services.
The Shops at Wailea
Wailea, Hawaii—JLL has been retained to manage and handle accounting services for The Shops at Wailea in Maui, on behalf of the retail center’s new owner.
Earlier in August, Chicago investment management firm Heitman Capital Management LLC acquired the luxury Maui shopping center. The property’s purchase price was $342 million, according to the sales deed obtained by thePacific Business News.
Located in the heart of the affluent Wailea Resort, the 176,229-square-foot center features global luxury retailers including Louis Vuitton, Prada, Gucci, Bottega Veneta, Rolex and Tiffany & Co., with Island Gourmet Market launching in September…