Profile: Alexander & Baldwin Inc (ALEX.N)
Alexander & Baldwin, Inc. (A&B), incorporated in March 19, 2012, is a commercial real estate company. A&B is a fully integrated real estate investment trust and owns, operates and manages over 3.4 million square feet of primarily retail and industrial space in Hawaii. In addition to commercial real estate, A&B also focuses on diversified agriculture, renewable energy, and land stewardship. The Company operates through three segments: Commercial Real Estate, Land Operations, and Materials and Construction. As of September 30, 2018, its total portfolio gross leasable area (GLA) was 3.4 million square feet. The Company has a portfolio of approximately 87,000 acres in Hawaii.
Commercial Real Estate
The Commercial Real Estate segment owns, operates, leases, and manages a portfolio of retail, office, and industrial properties in Hawaii. 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 best 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