The Hawaii Independent

Waianae

Waianae Mall sought by California real estate investment company

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WAIANAE -- A West Coast real estate investment trust entered into a purchase agreement for Waianae Mall, making it the shopping center’s second owner in five years. TNP Strategic Retail Trust Inc., a partner of Thompson National Properties, LLC, both based out of California, will acquire the mall if the deal comes to a close. In February, TNP reported that it has agreed to buy the 170,275-square-foot retail center, which features 11 buildings and is also the only non-strip shopping center on the Waianae coast that occupies almost 10 percent of commercial land in Waianae.

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