News Releases
News Releases
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Jul 24, 2019
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the second quarter 2019 at 4:05 p.m. ET on Thursday, August 1, 2019. In connection with this announcement, A&B will host a live...
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Jun 26, 2019
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Chris Benjamin, president and chief executive officer, will attend the 2019 JMP Securities Boston Real Estate Conference. Investor...
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May 22, 2019
Alexander & Baldwin (A&B) (NYSE: ALEX) recently deepened its investment in Hawaii through a series of off-market acquisitions of commercial real estate properties, further establishing the company...
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May 22, 2019
Alexander & Baldwin (A&B) (NYSE: ALEX) today completed the $90 million off-market acquisition of the Queens' MarketPlace, an iconic grocery-anchored resort retail center in the Waikoloa Beach...
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May 16, 2019
Alexander & Baldwin (A&B) (NYSE: ALEX) today further cemented its role as Hawaii's foremost owner of grocery-anchored retail centers by completing the $17.75 million off-market acquisition of...
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May 2, 2019
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the first quarter of 2019. Chris Benjamin, A&B president & chief executive officer, stated: "Our...
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May 1, 2019
Alexander & Baldwin (A&B) (NYSE: ALEX) today completed the $41 million off-market acquisition of the ground lease interest in Kapolei Business Park West Lot 31, commonly known as the Honolulu...
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Apr 29, 2019
Alexander & Baldwin (A&B) (NYSE: ALEX) has named Jerrod Schreck president of Grace Pacific, LLC., an A&B subsidiary and Hawaii's largest construction materials company and paving contractor....
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Apr 26, 2019
The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) approved a second quarter 2019 dividend of $0.165 (sixteen and one-half cents) per share. The dividend is payable on June 6, 2019...
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Apr 24, 2019
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the first quarter 2019 at 4 p.m. ET on Thursday, May 2, 2019. In connection with this announcement, A&B will host a live webcast...
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Apr 8, 2019
Alexander & Baldwin (A&B) (NYSE: ALEX) today added another quality industrial asset with the completion of the off-market acquisition of Kapolei Enterprise Center (KEC), a newly constructed...
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Apr 2, 2019
Alexander & Baldwin (NYSE: ALEX) (A&B or Company) has named Brett A. Brown, a veteran financial executive with extensive experience in real estate investment trusts (REITs), as executive vice...
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Mar 25, 2019$42 million acquisition continues reinvestment of proceeds from sale of agricultural lands on Maui
Alexander & Baldwin (A&B) (NYSE: ALEX) today closed on the off-market acquisition of the leased-fee interest in the land under the Home Depot warehouse store in the Iwilei submarket of Honolulu....
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Feb 27, 2019
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the fourth quarter and full year of 2018. Chris Benjamin, A&B president & chief executive officer...
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Feb 26, 2019
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2019 dividend of $0.145 (fourteen and one-half cents) per share. The dividend is payable on March 26, 2019...
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Feb 19, 2019
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the fourth quarter and full-year 2018 at 4 p.m. ET on Wednesday, February 27, 2019. In connection with this announcement, A&B...
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Jan 15, 2019$40 million acquisition first step in reinvestment of proceeds from sale of agricultural lands on Maui
Alexander & Baldwin (A&B) (NYSE: ALEX) recently completed the off-market acquisition of two Class A warehouse buildings located in Kapolei, representing 150,000 square feet of prime industrial...
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Dec 20, 2018Former HC&S lands to be repurposed as diversified agriculture farms
Alexander & Baldwin (A&B) (NYSE: ALEX) today announced an agreement that will launch a new era of agriculture on Maui. The agreement provides for the sale of the former Hawaiian Commercial & Sugar...
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Nov 5, 2018
Alexander & Baldwin (NYSE: ALEX) (A&B or Company) has named Jordan Brant as senior vice president, leasing, effective today. Brant is an experienced real estate professional with extensive...
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Nov 1, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the third quarter of 2018. Chris Benjamin, A&B president & chief executive officer stated: "A&B's...
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Oct 24, 2018
Alexander & Baldwin (NYSE: ALEX) (A&B or Company) has named Alexina Chai as senior vice president, human resources, effective Oct. 22. Chai has extensive experience in organizational development,...
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Oct 22, 2018
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the third quarter 2018 at 4 p.m. ET on Thursday, November 1, 2018. In connection with this announcement, A&B will host a live...
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Aug 2, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the second quarter of 2018. Chris Benjamin, A&B president & chief executive officer stated:...
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Aug 2, 2018
Alexander & Baldwin (NYSE: ALEX) (A&B or Company) announced today it has named Francisco Gutierrez as senior vice president, development, effective Aug. 27. Gutierrez will lead all of A&B's real...
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Jul 31, 2018- New tenants include Ulta Beauty, Guitar Center
With the addition of new tenants and the completion of key renovations, Alexander & Baldwin (NYSE: ALEX) (A&B) has transformed Pearl Highlands Center (PHC) into a "must-stop" destination for...
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Jul 27, 2018
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the second quarter 2018 at 4 p.m. ET on Thursday, August 2, 2018. In connection with this announcement, A&B will host a live...
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Jul 26, 2018- Acclaimed beauty retailer opens first store on Maui at Pu`unene Shopping Center
Alexander & Baldwin (NYSE: ALEX) (A&B) is excited to welcome acclaimed beauty retailer Ulta Beauty to Hawai`i. The company will hold a grand opening celebration at 9:30 a.m. for its first store in...
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May 30, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Chris Benjamin, president and chief executive officer, and James Mead, executive vice president and chief financial officer, will...
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May 8, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the first quarter of 2018. "Our core segment—Commercial Real Estate—continued its strong...
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May 1, 2018
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the first quarter 2018 at 4 p.m. ET on Tuesday, May 8, 2018. In connection with this announcement, A&B will host a live webcast...
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Apr 24, 2018
Alexander & Baldwin (A&B) (NYSE:ALEX) today announced it has named a new general manager, diversified agriculture on Maui: Darren Strand. Strand will be responsible for leading A&B's diversified...
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Apr 3, 201824 mainland commercial real estate properties sold
Alexander & Baldwin (NYSE: ALEX) ("A&B" or the "Company") announced today that it has completed the strategic migration of its commercial real estate portfolio from the U.S. mainland to Hawai`i...
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Mar 20, 2018
Alexander & Baldwin (NYSE:ALEX) is reinforcing its commitment to sound governance and corporate citizenship by naming Alyson Nakamura as vice president of governance and sustainability, a new...
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Mar 1, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Chris Benjamin, president and CEO, and James Mead, executive vice president and CFO, will present at the Citi 2018 Global Property CEO...
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Feb 28, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the fourth quarter and full year of 2017. "I'm very pleased with A&B's strong operational...
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Feb 26, 2018
Alexander & Baldwin (NYSE: ALEX) ("A&B" or the "Company") further solidified its position as Hawai`i's foremost owner of grocery/drug-anchored shopping centers with the acquisition of three...
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Feb 20, 2018
Alexander & Baldwin, Inc. (NYSE:ALEX)(A&B) will report results for the fourth quarter and full-year 2017 at 4 p.m. ET on Wednesday, February 28, 2018. In connection with this announcement, A&B...
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Jan 30, 2018
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") announced Clayton Chun has been appointed as chief accounting officer and Kenneth Kan has been named as the company's treasurer. Both...
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Jan 23, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced that it has completed the payment of its previously announced special distribution (the "Special Distribution") in an...
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Jan 22, 2018
Alexander & Baldwin, Inc. (NYSE: ALEX)("A&B" or "Company") today announced the tax allocations of 2017 dividend distributions on its common shares. The table below, presented on a per share basis,...
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Dec 11, 2017
Alexander & Baldwin, (NYSE:ALEX) (A&B) today announced it has named Kenneth Kan as director, corporate finance. Kan will assume A&B's treasury duties, including managing banking relationships and...
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Nov 21, 2017
Alexander & Baldwin, (NYSE:ALEX) (A&B) today announced the sale of Midstate 99 Distribution Center, an industrial facility in Visalia, Calif., for $33.4 million. The four building 790,000-square...
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Nov 16, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced that its Board of Directors has declared a special distribution on its shares of common stock in an aggregate amount of...
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Nov 13, 2017
Alexander & Baldwin, (NYSE:ALEX) (A&B) Hawaii's premier commercial real estate company, today revealed a new corporate logo and the tagline "Partners for Hawaii" to reinforce the company's...
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Nov 7, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the third quarter of 2017 ("3Q17"). 3Q17 & Recent Highlights Fully-diluted earnings per share from...
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Nov 3, 2017
Alexander & Baldwin (NYSE: ALEX) (A&B) today announced ULTA Beauty, the nation's largest beauty retailer, will open its first two stores in Hawaii in Kailua Town and at Pearl Highlands Center. The...
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Oct 31, 2017
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the third quarter 2017 at 4 p.m. ET on Tuesday, Nov. 7, 2017. In connection with this announcement, A&B will host a live webcast...
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Oct 12, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX)("A&B" or "Company") today announced that it has entered into a $50 million rate lock commitment under its Second Amended and Restated Note Purchase and...
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Sep 19, 2017Lowers cost of debt, increases committed revolver capacity and provides additional financial flexibility
Alexander & Baldwin (NYSE:ALEX) ("A&B" or "the Company") announced today that it has amended its revolving credit and private note shelf facilities. "We're pleased to have closed on the amendments...
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Sep 6, 2017
Alexander & Baldwin (NYSE:ALEX) will host an Analyst Day on Thursday, Sept. 14, 2017, from 9 a.m. to 12 p.m. ET at The Benjamin Hotel in New York City. Company participants will include Chris...
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Aug 30, 2017
Alexander & Baldwin (NYSE: ALEX) (A&B or Company) has named Kevin Nishioka as vice president, tax. Nishioka assumed his duties on Aug. 28 and will oversee A&B's Tax department and be responsible...
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Aug 2, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the second quarter of 2017 ("2Q17"). 2Q17 Financial Highlights Fully-diluted earnings per share...
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Jul 26, 2017
Alexander & Baldwin, Inc. (NYSE:ALEX) will report results for the second quarter 2017 at 4:00 p.m. ET on Wednesday, August 2, 2017. In connection with this announcement, A&B will host a live...
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Jul 25, 2017
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a third quarter 2017 dividend of $0.07 (7 cents) per share. The dividend is payable on September 7, 2017 to shareholders of...
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Jul 10, 2017
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B or Company), a New York Stock Exchange listed real estate investment trust, today announced Thomas A. Lewis, Jr. has been appointed to the A&B board of...
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Jul 10, 2017
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B or Company), a New York Stock Exchange listed real estate investment trust, today announced James E. Mead has been named chief financial officer,...
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Jul 10, 2017Company reinforces its commitment to invest in Hawaii assets and communities
Alexander & Baldwin (NYSE: ALEX) ("A&B" or the "Company") announced that its board of directors today unanimously approved the Company's conversion to a real estate investment trust (REIT),...
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Jul 5, 2017
Alexander & Baldwin (A&B or Company) (NYSE: ALEX) today named John Perkins vice president of information technology, effective July 10. Perkins will be responsible for the management and delivery...
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Jun 21, 2017High-yield pongamia grows sustainably, uses less water and fertilizer than other crops
Alexander & Baldwin, Inc. (A&B) (NYSE: ALEX) and TerViva today announced plans to cultivate pongamia on 250 acres of former sugar plantation lands in Central Maui. Pongamia is a highly productive...
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Jun 20, 2017Three high-demand commercial centers on Oahu will receive energy makeovers; expected to result in significant efficiencies and sustainable cost savings
Alexander & Baldwin, Inc. (A&B) (NYSE: ALEX) has teamed up with Carbon Lighthouse, a pioneer in Efficiency Production, to dramatically reduce the energy consumption of three well-known Oahu...
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Jun 19, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Chris Benjamin, the Company's president and chief executive officer, will participate in the panel "Land Redevelopment Value Creation"...
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Jun 6, 2017
Alexander & Baldwin, Inc. (A&B) (NYSE: ALEX) today announced the latest expansion of its commercial real estate portfolio with the acquisition of five multi-tenant industrial buildings at the...
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May 31, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Chris Benjamin, the Company's president and chief executive officer, will present at REITWeek® 2017. The Company's presentation is...
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May 16, 2017
Alexander & Baldwin, Inc. (A&B)(NYSE:ALEX) today announced the establishment of Kūlōlio Ranch, a grass-fed cattle pasturing operation that grew from the Company's earlier pasture trials on...
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May 4, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced consolidated income from continuing operations available to A&B shareholders, net of taxes, of $4.4 million, or $0.09...
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Apr 27, 2017
Alexander & Baldwin, Inc. (NYSE:ALEX) will report results for the first quarter 2017 at 4:00 p.m. ET on Thursday, May 4, 2017. In connection with this announcement, A&B will host a live webcast of...
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Apr 25, 2017
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a second quarter 2017 dividend of $0.07 (7 cents) per share. The dividend is payable on June 1, 2017 to shareholders of...
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Mar 1, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Chris Benjamin, president and CEO of Alexander & Baldwin, will present at the Citi 2017 Global Property CEO Conference. The Company's...
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Feb 28, 2017
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced its financial results for the fourth quarter and year ended December 31, 2016. "2016 was a pivotal year in A&B's...
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Feb 23, 2017Bringing New Grocery and Retail Options to Central Maui
Alexander & Baldwin, Inc. (A&B) (NYSE: ALEX) today announced it has signed Safeway to anchor the new Ho`okele Shopping Center, a 94,000-square-foot center that will bring new grocery and retail...
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Feb 21, 2017
Alexander & Baldwin, Inc. (NYSE:ALEX) will report results for the fourth quarter and full year 2016 at 4:30 p.m. ET on Tuesday, February 28, 2017. In connection with this announcement, A&B will...
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Feb 6, 2017
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today it is continuing to enhance the vitality of Kailua by starting construction on the Lau Hala Shops, a new gathering place under...
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Jan 24, 2017
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2017 dividend of $0.07 (7 cents) per share. The dividend is payable on March 2, 2017 to shareholders of...
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Oct 27, 2016
Alexander & Baldwin, Inc. (NYSE:ALEX) will host an Investor Day on Wednesday, November 2, 2016, from 11 a.m. to 3 p.m. Eastern Time at The Benjamin Hotel in New York City. The Investor Day will...
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Oct 27, 2016- Continued strong performance of commercial portfolio
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced its financial results for the three and nine months ended September 30, 2016. "We continued to enjoy solid performance in...
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Oct 25, 2016
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2016 dividend of $0.07 (7 cents) per share, a one-cent per share increase from the prior quarter. The...
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Oct 19, 2016
Alexander & Baldwin, Inc. (NYSE:ALEX) will report results for the third quarter 2016 at 4:30 p.m. ET on Thursday, October 27, 2016. In connection with this announcement, A&B will host a live...
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Jul 27, 2016
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced its financial results for the three and six months ended June 30, 2016. "Our core strategy of expanding our Hawaii...
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Jul 25, 2016
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a third quarter 2016 dividend of $0.06 (6 cents) per share. The dividend is payable on September 1, 2016 to shareholders of...
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Jul 20, 2016
Alexander & Baldwin, Inc. (NYSE:ALEX) will report results for the second quarter 2016 at 4 p.m. ET on Wednesday, July 27, 2016. In connection with this announcement, A&B will host a live webcast...
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May 5, 2016
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced its financial results for the three months ended March 31, 2016. "We are very pleased with the performance of our...
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Apr 27, 2016
Alexander & Baldwin, Inc. (NYSE:ALEX) will report results for the first quarter 2016 at 4 p.m. ET on Thursday, May 5, 2016. In connection with this announcement, A&B will host a live webcast of...
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Apr 25, 2016
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today approved a second quarter 2016 dividend of $0.06 (6 cents) per share. The dividend is payable on June 2, 2016 to shareholders...
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Feb 25, 2016- Leasing Net Operating Income (NOI) grows 8.5%[1] in 2015
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced full-year 2015 net income of $29.6 million, or $0.54 5 per diluted share, which includes a previously reported loss for...
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Feb 1, 2016Furthers A&B's strategy of migrating its Mainland portfolio to Hawaii
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") announced that its real estate subsidiary, A&B Properties, Inc. (ABP), has completed separate off-market acquisitions of both the lease...
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Jan 26, 2016
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today approved a first quarter 2016 dividend of $0.06 (6 cents) per share. The dividend is payable on March 3, 2016 to shareholders...
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Jan 6, 2016
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced that it is transitioning out of farming sugar and will instead pursue a diversified agricultural model for its...
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Nov 5, 2015- Leasing Net Operating Income (NOI) grows 7% to $20 million(1)
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced net income for the third quarter of 2015 of $6.7 million, or $0.11 per diluted share. Earnings for the quarter reflect a...
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Nov 2, 2015
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced that Christopher J. Benjamin has been appointed to the A&B board of directors, effective January 1, 2016, coincident with...
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Oct 27, 2015
The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) today approved an increase in the fourth quarter 2015 dividend from $0.05 (5 cents) per share to $0.06 (6 cents) per share. The...
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Oct 8, 2015Alexander & Baldwin Furthers Investments In Honolulu's Urban Core With B-note Loan For Keauhou Place
Alexander & Baldwin, Inc. ("A&B") (NYSE: ALEX) announced today that its real estate subsidiary, A&B Properties, Inc. ("ABP"), is participating as a B-note lender in a $170 million credit facility...
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Oct 5, 2015
Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Christopher Benjamin, president and chief operating officer of Alexander & Baldwin, will participate in the panel "Real Estate...
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Sep 1, 2015
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") announced that Clayton Chun has joined the Company as corporate controller, and will be responsible for accounting, internal controls and...
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Aug 31, 2015Sale Reflects Strong Hawaii Real Estate Market Conditions
A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX), today announced that it has completed the sale of an 11-acre site at Maui Business Park II for $39 a...
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Aug 6, 2015- Real estate operations continue to drive overall results, 6.5% increase in net income
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced net income for the second quarter of 2015 of $9.8 million, or $0.20 per diluted share, compared to earnings for the...
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Jul 28, 2015Kuriyama to Continue as Executive Chairman
The Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B") Board of Directors announced today the promotion of Christopher J. Benjamin as A&B's chief executive officer effective January 1, 2016. Benjamin...
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Jul 28, 2015
The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) today approved a third quarter 2015 dividend of $0.05 (5 cents) per share. The dividend is payable on September 3, 2015 to...
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May 7, 2015- Strong first quarter performance led by core operations
Alexander & Baldwin, Inc. (NYSE:ALEX) ("A&B" or "Company") today announced net income for the first quarter of 2015 of $25.3 million, or $0.51 per diluted share. Earnings for the first quarter of...
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Apr 28, 2015
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today approved a second quarter 2015 dividend of $0.05 (5 cents) per share. The dividend is payable on June 4, 2015 to shareholders...
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Apr 28, 2015
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B or Company) today announced that Jenai Sullivan Wall, chairman and chief executive officer of Foodland Super Market, Ltd. (Foodland), has been elected to...