Chris Benjamin, president and CEO of Alexander & Baldwin, Inc. (NYSE: ALEX), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.
Benjamin discussed the REIT’s moves to simplify its business model and pointed to a near quadrupling of commercial real estate net operating income from Hawaii operations, “which was a primary goal for us.” At the same time the company has brought all its property management and leasing functions in-house, “really positioning us for future growth in Hawaii,” he added.
