OCCUPIERS

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.

Of the specialty grocers, Whole Foods stands alone in the sector measured by both units in the state of Hawaii and sales volume. Their original location on Oahu has expanded twice since opening and they continue to be the most coveted grocery anchor tenant in the state. Now owned by Amazon, Inc. the development strategy for the brand is fluid, however the unrivaled success of the brand in Hawaii will likely lead to additional units.

Blue Rock Partners: Working with Whole Foods’ leadership on monitoring a few key, open trade areas where further growth is possible.

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.

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.

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.

With the merger of OfficeMax and Office Depot in 2013, the combined company became the largest office products supply chain in the country. While the merger has been in place for 10 years, there are still retail units bearing both retail names in various trade areas. In Hawaii, the brands are represented on three of the four major islands.

Blue Rock Partners: Over the lengthy history of both retail brands in Hawaii, members of the firm have been involved in the securing of real estate for nearly all of the units in the state.

Burlington, formerly known as Burlington Coat Factory is a off-price retailer with more than 1,000 locations across the country. Its primary competitors are TJX Companies and Ross Stores. Burlington’s interest in Hawaii comes on the heels of seeing Ross’ well-known success in the market which eventually led to T.J. Maxx following in their footsteps.

Blue Rock Partners: Functioning as their local advisor for the State of Hawaii and the ongoing exploration of penetrating the market.

Ulta Beauty was founded in 1990 with five units in the Chicago area, but has since expanded to more than 1,200 locations from coast-to-coast. They carry a wide array of beauty product lines from higher price points to low-end offerings. This includes both cosmetic items as well as ancillary equipment. There are currently four locations in Hawaii (Oahu and Maui) with the intent of more completely penetrating the state as strategic opportunities arise.

Blue Rock Partners: Engaged by Ulta Beauty to continue monitoring growing market regions, recommended target markets and securing of future, new locations.

Trader Vic’s is a tiki bar themed restaurant founded in the Bay Area, but has since become a globally recognized brand with locations all around the world. The brand has had a far longer lifespan than most restaurant concepts and still has 18 locations from America to the Middle East to Asia. Besides it being the original creator of the Mai Tai cocktail, its tropic theme is a natural fit for at least one hallmark location in Hawaii.

Blue Rock Partners: Consulting with Trader Vic’s leadership as they evaluate how best to enter the Hawaii market. Engaged with a number of select owners about new unit’s potential location.

Hawaiian Cement is a vertically integrated construction materials company supplying cement, aggregate and ready-mix concrete in Hawaii. We also provide bagged masonry cement, golf course sand, decorative stone and other landscaping products and materials. Our company is a critical part of residential, commercial and public construction projects throughout the state.

The Bank of Hawaii Corporation (Hawaiian: Panakō o Hawaiʻi;[2] abbreviated BOH) is a regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that the majority of the voting stockholders reside within the state. In 1893, Charles Montague Cooke (1849–1909) with his brother-in-law Joseph Ballard Atherton and business partner Peter Cushman Jones founded Bank of Hawaii. In 1897, it was chartered in the Republic of Hawaii by Interior Minister James A. King.