Iconic Honolulu Office Asset Lands $75M Loan
ByNewmark Realty Capital arranged a $75 million loan for TOPA Financial Center, a Class A office and retail asset in Honolulu’s central business district. Newmark negotiated the financing on behalf of Duesenberg Investment Co., the owner of the 508,000-square-foot property.
Located at 700 Bishop St. and 745 Fort St., the two-building property offers easy access to bus stations, restaurants and hotels, including Jun Bo Chinese Restaurant, Gordon Biersch and Castle Resorts & Hotels. TOPA Financial Center sits less than two miles from Lunalilo Freeway and slightly than six miles from the Honolulu International Airport. The buildings feature nearly 950 parking spaces as well as valet parking, two conference rooms and a large open-air garden on the sixth floor…
