Press Releases
Marcus & Millichap Lists Waikiki Gateway Development Site in Honolulu
October 29, 2026
HONOLULU, Oct. 29, 2026 — Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the exclusive listing of a 0.52-acre (22,516-square-foot) transit-oriented redevelopment site at 1830 Kapiolani Blvd.
“The location is what makes this opportunity particularly compelling, said Trent Thoms, managing director investments. "With its position in Honolulu's urban core and the development potential available through transit-oriented zoning, the site offers an opportunity to shape one of the city's most prominent intersections.”
Thoms and Alexander Kidani, investment specialists in Marcus & Millichap's Honolulu office, in association with Adam Attia, Marcus & Millichap's Hawaii broker of record, are exclusively marketing the property on behalf of the seller.
The property is across from the Hawaii Convention Center and near Ala Moana Center. The site is within the Ala Moana Convention Center Transit-Oriented Development District, where applicable development incentives may allow building heights of up to 400 feet and a floor area ratio of up to 10.0, compared with a 350 foot height limit and 3.5 floor area ratio under the non-TOD standards.
“The location is what makes this opportunity particularly compelling, said Trent Thoms, managing director investments. "With its position in Honolulu's urban core and the development potential available through transit-oriented zoning, the site offers an opportunity to shape one of the city's most prominent intersections.”
Thoms and Alexander Kidani, investment specialists in Marcus & Millichap's Honolulu office, in association with Adam Attia, Marcus & Millichap's Hawaii broker of record, are exclusively marketing the property on behalf of the seller.
The property is across from the Hawaii Convention Center and near Ala Moana Center. The site is within the Ala Moana Convention Center Transit-Oriented Development District, where applicable development incentives may allow building heights of up to 400 feet and a floor area ratio of up to 10.0, compared with a 350 foot height limit and 3.5 floor area ratio under the non-TOD standards.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
