LOW PRICES GET TALLER: Wal-Mart grows up(ward) in Hawaii.

Hawaii is no stranger to Wal-Mart: This idyll of rainforests and killer curls is already home to six of the big boxes. To break into downtown Honolulu, however, the house that Sam built had to think a little more vertically. Wal-Mart currently has a two-story project under construction, with a Sam's Club on top of a ground-level Wal-Mart, each with a 150,000-square-foot footprint. The building will include an extra 4,000 square feet for other tenants, as well as a four-story, 1,700-car garage. Building up isn't unusual, says Wal-Mart Design and Construction Manager Jerry Day, who finished a similar project in Baltimore last year. But only dense urban centers warrant them.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

AdviceIQ

Connect With Us
National Real Estate Investor Related Sites