Alexander & Baldwin, Inc.

Alexander & Baldwin is a Hawaii-focused real estate investment trust headquartered in Honolulu that specializes in retail and industrial properties across the Hawaiian Islands. The company owns, operates, and manages approximately 4.0 million square feet of commercial real estate, positioning it as Hawaii's largest owner of grocery-anchored, neighborhood shopping centers. Its portfolio comprises 21 retail centers, 14 industrial assets, four office properties, and 146 acres of ground lease assets, with all properties located within Hawaii.

The company generates revenue primarily through rental income from its retail and industrial real estate holdings. Retail properties represent a significant portion of the portfolio, anchored by grocery tenants and neighborhood-oriented retail uses. The industrial segment serves the state's logistics and distribution needs, while office and ground lease assets provide diversified income streams across different property types and tenant bases.

With a market capitalization of $1.5 billion, A&B operates as the sole publicly traded REIT exclusively focused on Hawaii commercial real estate. The company has maintained operations in the state for over 156 years, with historical involvement across agricultural, transportation, tourism, construction, and residential development sectors before evolving into its current commercial real estate focus.