Alexander & Baldwin has put commercial condominium units at The Collection in Kakaako up for sale for $8 million, with the ground-floor space housing Drybar, Bar Maze and two other businesses. The listing covers retail condos at 600 Ala Moana Blvd., in the heart of one of Honolulu's most active mixed-use corridors.
The $8 million asking price and the roster of tenants were reported by The Business Journals, which covers commercial real estate for Pacific Business News. According to Alexander & Baldwin's own property listing, the condominiums sit within a mixed-use property described as being in the heart of Kakaako with ground-floor commercial space, and the address is confirmed as 600 Ala Moana Blvd.
The units currently have tenants in place, and the property listing names Dry Bar, Bar Maze, Lemonde Salon and My Treehouse as the major tenants occupying the retail space. Bar Maze has deep roots at the property: the restaurant, from the team behind Bar Leather Apron, was first reported to be heading to The Collection back in 2021, when Honolulu Magazine reported that owners Justin Park and Tom Park hoped to debut the spot in the condo building by the end of that July.
A Decade-Old Development Still Drawing Interest
The Collection itself is not new. Alexander & Baldwin's company materials describe it as a mixed-use condominium community in Kakaako, with construction completed in late 2016. That means the retail base now up for sale has had roughly a decade to establish itself with neighborhood tenants before this listing hit the market.
The sale comes amid broader movement in Kakaako's commercial real estate scene. A search-result snippet referencing a separate transaction characterized a Kakaako property sale along the rail line as reflecting the impact of Skyline rail on Honolulu real estate development and investment activity, though that characterization carries low confidence and describes a different property entirely.
Other pricing references tied to The Collection add further uncertainty rather than clarity. A low-confidence LoopNet search snippet listed two retail condo units at the address ranging from $3,892,000 to $4,149,000, though that figure may describe a different unit configuration than the $8 million package now on the market. The buyer, listing agent and any transaction deadline for the current sale have not been disclosed.
