It isn’t unusual for Hawaii to rank among the costliest metro areas in the country and for many shopping center owners and retailers this is one of the primary learning curves in considering an entrée into our state. Over the decades we have had ebbs & flows but we never venture far from the top. We currently find ourselves in the throes of a full blown expansion cycle and the escalations in construction costs have been on a staggering run over the past 18 months. In what is nearly a One Trillion dollar industry annually, it would seem that large percentage fluctuations would be unlikely… Read more.
