http://aroundstars.com/r40/2/
Leeward Oahu’s office vacancy rate during the first quarter of this yearwas 4.4 compared to 10.4 percent for downtown and 9 percent for the whole island. And the average full-service asking rent in the Leewar d areawas $3.24 per square foot per compared to $2.71 per square foot for downtown and $2.877 islandwide, according to Colliers Monroe Friedlander Most family law firms are likely to keep their downtow offices and have their attorneyw commute to Kapolei, said divorcee attorney Bradley Coates, a founding partner of .
Coatew said his firm had considered moving its entirre operation to Kapolei from Pioneer Plaza atone point, but afteer surveying his 26-person staff, therse were no takers. A satellite office would be anexpensivd proposition, he said. Some family law firms and attorneysz have discussed office he said. Three planned office buildings would have addefd thousands of square feet of space for smalol users suchas lawyers. But the credit crunch and the recessionj caused the developers topull back. Avalonn Development Co.
recently canceled plansd to break ground ona three-story, 39,000-square-foot firsgt phase of the Kapolei Pacific Center; Maryl Group shelved plansw for an office-retail complex close to the new and California-based developers Kahl & Goveia scrapped theire plans for an office building in downtown The planned Haumea Center is actively leasing 23 spaces, but it won’t be available unti late 2010.
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