The Glassco Team
Investments & Transaction Advisory Service Specialists
Global Reach. Local Depth.
THE GLASSCO TEAM
We bring together deep local market understanding with Wall Street experience. Real estate and capital markets advisory with traditional sales and leasing capabilities, with access to a global affiliate network for marketing and buyer depth. Our client portfolio includes owner / users, corporate, and institutional investors.
Local market overview. Portfolio Valuation. Family real estate portfolio planning. T.O.D (Transit Oriented Development). Bill 7. Affordable Housing. Advising on syndicated transactions. Owner/User acquisitions and sales. This is where we recently helped our clients.
our listings
in escrow
Kaka'ako Warehouse
Kaka'ako special design district
Industrial warehouse: clear span, high cube
zoning: kak (bmx-3)
size: 5,000
building: 2,800 sf. warehouse space w/ 2,200 sf. secured parking area (approx.)
Future use: Retail (bar, restaurant, multifamily)
Price: $2m
1909 kahakai drive, honolulu, hi 96814
three story walk up apartment building in the ala moana tod area plan made of concrete
Construction.
land: 11,278 SF.
Building: 10,458 sf.
unit Mix: 25 - studios & 8 - 1 bedrooms
Utilities: Separate electric meters & water/sewer charged back to tenants
Parking: 15 stalls
zoning: A-2 medium density apartment (future AMX-3)
NOI: $317,000 (2020)
Asking Price: make offer
1326 Matlock Avenue, honolulu, hi 96814
four story walk up apartment building in the coveted makiki area.
concrete
Construction
land: 6,670 SF.
Building: 13,744 sf.
unit Mix: 12 2-Bedrooms, 6 - 1 bedrooms & 1-3Bedroom
Separate electric meters
Parking: 15 stalls
zoning: A-2 medium density apartment NOI: $201,500 (2020)
Asking Price: $6.1M (3.3% CAp rate)
in escrow
2106 Fern street, honolulu, hi 96826
three story walk up apartment building in the coveted moili'ili area.
concrete Construction
land: 4,914 SF.
Building: 5,100 sf.
9 - 2 Bedrooms
Separate electric meters
Parking: 9 stalls zoning: A-2 medium density apartment NOI: $103,000 (2020) Asking Price: $3.2M (3.2% CAp rate)
RECENT SALES
recent listing/sale of transit oriented development site $23M
recent sale of a 28 unit apartment complex $6.8M
Recent Sale of a value-add office building $3.1M
Recent listing/sale of a 16 unit apartment complex $4m
recent sale of a value-add mixed-use retail office complex $3.7m
recent listing/sale of a 20 unit value-add apartment building $3m
Recent sale of a 28 unit Value-Add Mixed-Use Retail, Office & Multi-Family Property In Kapahulu $5.4m
Recent listing/sale of an industrial warehouse in kaka'ako to an owner/user $1.7M
recent listing/sale of a 7 unit multifamily property in kapahulu $2.4m
Recent listing/Sale of a multi-tenant warehouse in Kaka'ako for $5.2M
Recent sale of a resort zoned value-add multi-family property in waikiki for $6M
our clients
Laconia Development, LLC
RMR Group
First Hawaiian Bank
Blood Bank of Hawaii
Fisher Hawaii
Kapiolani Partners, LLC
Pacific United, Ltd.
Queens Realty
Watumull Enterprises, Ltd.
RDI Properties
Central Supply Corporation
K & S Hawaiian Creations (DBA Honolulu Cookie)
1830 Kapiolani, LLC
TOMCHI Group
Pebbles Holding's, LLC
Cycle City Limited
Salvation Army
Loco Boutique
Blue Planet Surf
The Glassco Team
We bring together deep local market understanding with Wall Street experience. Real estate and capital markets advisory with traditional sales and leasing capabilities, with access to a global affiliate network for marketing and buyer depth. Our client portfolio includes owner / users, corporate, and institutional investors.
Sheldon Kaiakapu Glassco (B)
Managing Director, Investments Advisory Services
Sheldon serves as Managing Director of the Investment Advisory group at NAI CBI Hawaii in Honolulu. Sheldon has 12 years of local real estate brokerage, with transacted volumes in excess of $100 million. He began his career at CBI without a client base or past experience in commercial real estate. He built his business from the ground up, methodically, and with excellent client service. Over the last 4 years, Sheldon focused primarily on properties in TOD (Transit Oriented Development) neighborhoods, development projects, and income properties. He regularly works with developers, property owners, city officials, architects, and engineers to successfully structure and close transactions. In his free time, Sheldon enjoys spending time with his family and surfing with his friends at Sandy Beach Park.
Christian s. Ferrer (S), MA, M.M.F
Strategic Advisory, Investment Services
Christian serves in both an Investments Advisory, as well Director of Research role within the broader NAI CBI Hawaii team. He brings together a unique combination of investment banking, financial risk management, strategy consulting, and business ownership experience into the commercial real estate space, allowing his clients a broader perspective on problem-solving versus the more traditional silo'ed broker approach. He has served private client, corporate / commercial, and institutional investor clients across his career. He holds graduate degrees in Economics and Mathematics, and is a Level 2 Chartered Financial Analyst candidate. In Canada, he was a Fellow of the Canadian Securities Institute, and held the Canadian Investment Manager designation.