American Commercial Equities | Starbucks | Enterprise Holdings | Par Pacific | CorePower Yoga | Kona Brewing Co. | Liliha Square | Manini Holdings (Brew) | Great Clips | Veterinary Emergency Referral Center | Brogent
Based in Malibu, California, American Commercial Equities (“ACE”) is a private real estate company specializing in the acquisition and management of premier retail retail property in prime locations and prestigious markets. Founded in 2005 by B Wayne Hughes, Jr., they have rapidly become known for their acquisition of the best-in-class assets which consists of more than 60 retail and mixed-use properties in California and Hawaii.
Blue Rock Partners: Placed more than $45,000,000 of ACE capital into the Hawaii market in both retail and investment asset classes.
Starbucks is the leading coffee retailer globally with over 30,000 locations worldwide. Even in Hawaii their growth has been profound over the past 30 years in both retail, mall and licensed store formats.
Blue Rock Partners: Been the real estate consultant and representative in Hawaii for over 20 years in which time the portfolio has grown five times larger than when enlisted to facilitate growth. Expansion currently includes an appetite for new sites on all the major islands including four store types creating unprecedented agility.
Enterprise Holdings is the largest rental car operator in the country utilizing the Enterprise, National, and Alamo brands. Between the three operations, they currently capture 55% of market share in the industry. With over 100 locations across the state of Hawaii, Enterprise Holdings addresses the needs of both tourists and residents.
Blue Rock Partners: Consulting and brokerage service in the oversight of current locations as well as new opportunities. Formulation of newer strategy for how to best serve key markets and associated repositioning that will result from that revised planning.
Par Pacific Holdings is a growth-oriented company based in the energy and infrastructure sector operating both in Union 76 and Hele retail fuel brands in Hawaii as well as the only fuel refinery in the state. They continue to seek new opportunities through new energy business lines as well as growth of their retail portfolio.
Blue Rock Partners: Expanded their retail presence with new locations as well as consulting services for miscellaneous needs within the existing portfolio. Currently collaborating on strategic plan for both growth and repositioning of assets on all the major islands.
CorePower Yoga is a national leader in yoga studios and creating ways to make yoga accessible to all fitness levels through a variety of yoga styles, convenient class times, with over 2,320 studio locations across 21 states. Their peaceful, sanctuary studios are built with sustainable practices in mind, using recycled products, environmentally conscious materials and utilizing the latest technology to efficiently heat its practice rooms.
Blue Rock Partners: Introduced CorePower Yoga to the Hawaii market and secured all four of their unites located on the island of Oahu
Kona Brewing Company was founded in the spring of 1994, with a dream to create fresh, local island brews made with spirit, passion and quality. It is a Hawaii-born and Hawaii-based craft brewery that prides itself on producing the Liquid Aloha that circulates a taste of Hawaii around the globe.
Blue Rock Partners: Expanded their retail operations to the island of Oahu with a unit in Hawaii Kai and also secured an additional lease term for Kona Brewing’s original location. On the production side, Blue Rock secured an adjacent parcel to the brewery for a brand-new facility which is currently under construction.
Located at the busy intersection of Vineyard Blvd. & Liliha St., Liliha Square is situated in a dense submarket of Honolulu. The approximately 40,000 square foot grocery-anchored neighborhood center also contains a condominium tower on site creating a tightly packed mixed use property. Ownership is looking to rebrand & reposition the retail aspect of the asset.
Blue Rock Partners: Hired to consult on the planning and implementation of the conversion including, among other items, new imagery, recladding the entire fascia, all new common areas & furniture and a new tenant mix.
Manini Holdings LLC is primarily comprised of an aggregation of properties in Kailua-Kona called “The Brewery Block”. At The Brewery Block you’ll find a 100,00 sf mixed-use maker’s market anchored by Kona Brewing company that is the beating heart of Kona. This public attraction is equipped with the best in class, locally sourced, Food and Beverage concepts and lifestyle artisians that retail hand crafted goods for both local and visiting customers.
Blue Rock Partner: Has served as the real estate advisor for Manini Holdings LLC with roles including vision casting for the development, aggregation of underlying real estates as well as securing the end-user retailers.
Great Clips, Inc. was established in 1982 in Minneapolis and remains privately held. Today, Great Clips has more than 3,400 salons throughout the United States and Canada, making it the world’s largest salon brand and also the strongest balance sheet of any national hair cutting retailer. They continue to take market share from SuperCuts who was the only dominant player in the category for years in Hawaii.
Blue Rock Partners: Introduced Great Clips to Hawaii in 2014, secured their current four locations and continues to search for quality real estate for further growth on the island of Oahu.
Veterinary Emergency + Referral Center, part of the Ethos Veterinary Health family of hospitals, is an advanced veterinary diagnostic and treatment center, offering the most comprehensive and progressive patient care available in the Hawaiian Islands.
Blue Rock Partners: Consulted on the need to relocate VERC’s primary care facility in Honolulu and, within a tight real estate geography, identified and secured a new site for the relocation.
A unique technology innovator and entertainment retailer expanding globally. After years of research and development, Brogent uses core technology and is combing it with the latest 3D dynamic simulation technology to produce simulation systems and game applications that provide a new generation of products for theme parks and large-scale amusement and leisure/resort venues.
Blue Rock Partners: Currently actively negotiating on a site within Waikiki.