News Releases
News Releases
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Feb 23, 2021
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2021 dividend of $0.15 (15 cents) per share. The dividend is payable on April 2, 2021 to shareholders of...
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Feb 4, 2021
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the fourth quarter and full-year 2020 after the market closes on Thursday, February 25, 2021. In connection with this...
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Jan 21, 2021
Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) today announced the allocations of the Company's 2020 dividend distributions on its common shares. The table below, presented on a per share basis, is...
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Jan 7, 2021
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Brett Brown, executive vice president and chief financial officer, and Lance...
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Dec 17, 2020
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2020 dividend of $0.15 (fifteen cents) per share. The dividend is payable on January 12, 2021 to...
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Nov 17, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Brett Brown, executive vice president and chief financial officer, Lance...
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Oct 29, 2020
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning and operating high-quality commercial real estate in Hawai'i, today announced financial...
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Oct 15, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the third quarter 2020 after the market closes on Thursday, October 29, 2020. In connection with this announcement, A&B will...
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Sep 23, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Brett Brown, executive vice president and chief financial officer, Lance...
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Sep 15, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Brett Brown, executive vice president and chief financial officer, Lance...
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Sep 2, 2020Alexander & Baldwin to Participate in the Virtual BMO Capital Markets 2020 Real Assets Conference
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, Brett Brown, executive vice president and chief financial officer, and Lance...
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Aug 6, 2020- Stan Kuriyama to Retire from Board after 28 Years of Service to A&B -
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced that current Chairman Stan Kuriyama, who previously served as CEO from 2010-2015, will be retiring from the Company's...
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Aug 6, 2020
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning and operating high-quality commercial real estate in Hawai'i, today announced financial...
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Jul 27, 2020Earnings Release and Webcast Date
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the second quarter 2020 after the market closes on Thursday, August 6, 2020. In connection with this announcement, A&B will host...
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Jun 1, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) announced today that Chris Benjamin, president and chief executive officer, and Brett Brown, executive vice president and chief financial officer, will...
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Apr 30, 2020
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based real estate investment trust focused on owning and operating high-quality commercial real estate in Hawai'i, today...
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Apr 22, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the first quarter 2020 after the market closes on Thursday, April 30, 2020. In connection with this announcement, A&B will host...
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Mar 30, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will host its 2020 Annual Meeting of Shareholders ("Annual Meeting") in a virtual meeting format only, instead of an in-person meeting, due to health...
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Feb 26, 2020
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the fourth quarter and full-year of 2019. Chris Benjamin, A&B president & chief executive officer...
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Feb 25, 2020
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2020 dividend of $0.19 (nineteen cents) per share. The dividend is payable on March 24, 2020 to...
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Feb 12, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the fourth quarter and full-year 2019 at 4:05 p.m. ET on Wednesday, February 26, 2020. In connection with this announcement, A&B...
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Jan 21, 2020
Alexander & Baldwin, Inc. (NYSE:ALEX) today announced the tax allocations of 2019 dividend distributions on its common shares. The table below, presented on a per share basis, is provided for...
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Oct 30, 2019
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based real estate investment trust focused on owning and operating high-quality commercial real estate in Hawai'i, today...
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Oct 24, 2019
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2019 dividend of $0.19 (nineteen cents) per share. The dividend is payable on December 5, 2019 to...
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Oct 23, 2019
Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the third quarter 2019 at 4:05 p.m. ET on Wednesday, October 30, 2019. In connection with this announcement, A&B will host a...
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Aug 1, 2019
The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a third quarter dividend of $0.19 (nineteen cents) per share. The dividend is payable on September 5, 2019 to shareholders...
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Aug 1, 2019Commercial real estate business achieves 20.4% increase in cash NOI
Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the second quarter of 2019. Chris Benjamin, A&B president & chief executive officer, stated: "Our...
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Aug 1, 2019Plan includes expansion for community favorite Feather & Fur and other upgrades
Alexander & Baldwin (A&B) (NYSE: ALEX) today announced it is undertaking a renovation and refresh of the Aikahi Park Shopping Center, with the goal of providing a more comfortable and inviting...
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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...