Profile: Alexander & Baldwin Inc (ALEX.K)
25 Apr 2017
Alexander & Baldwin, Inc. (A&B), incorporated in March 19, 2012, is a real estate company. The Company operates through three segments: Commercial Real Estate, Land Operations, and Materials and Construction. In addition to its 15 retail centers in Hawaii, the Company owned seven industrial assets, seven office properties and a portfolio of urban ground leases comprising 106 acres in Hawaii, as of December 31, 2016. On the United States mainland, the Company owned seven remaining commercial assets, as of December 31, 2016. Its total portfolio gross leasable area (GLA) was 4.7 million square feet, as of December 31, 2016.
Commercial Real Estate
The Commercial Real Estate segment owns, operates and manages retail, industrial and office properties in Hawaii and on the Mainland. The Commercial Real Estate segment also leases urban land in Hawaii to third-party lessees.
The Land Operations segment manages the Company's land and real estate-related assets and deploys these assets to their use. Primary activities of the Land Operations segment include planning, zoning, financing, constructing, purchasing, managing, selling, and investing in real property; renewable energy, and diversified agribusiness activities.
Materials and Construction
The Materials and Construction segment performs asphalt paving as prime contractor and subcontractor; imports and sells liquid asphalt; mines, processes and sells basalt aggregate, and produces and sells asphaltic and ready-mix concrete. It also provides and sells various construction- and traffic-control-related products, and manufactures and sells precast concrete products.
Alexander & Baldwin Inc
822 Bishop St
PO Box 3440
HONOLULU HI 96801-3440