Real Estate Acquisitions in Hawaii

  • Buyer
    MW Group (affiliate investor group), Blackstone Real Estate, DivcoWest, Blackstone (funds affiliated with Blackstone Real Estate)
    Target
    Alexander & Baldwin
    Industry
    Real Estate
    Type
    Buyout

    Alexander & Baldwin agreed to be taken private in an all-cash transaction valued at about $2.3 billion (including outstanding debt). A joint venture formed by an affiliate of MW Group and funds affiliated with Blackstone Real Estate and DivcoWest acquired all outstanding Alexander & Baldwin common shares for $21.20 per share, and the deal has completed following shareholder approval on March 9, 2026.

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