ALEX
- Alexander & Baldwin, Inc.
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Overview
Company Summary
Alexander & Baldwin, Inc. (ALEX) is a real estate and land development company based in the United States. With a rich history dating back to 1870, the company has evolved over time and now operates primarily in Hawaii.
One of the main areas of focus for Alexander & Baldwin is real estate. The company owns, operates, and manages a diverse portfolio of residential, commercial, and industrial properties across the Hawaiian Islands. This includes office buildings, shopping centers, warehouses, and residential communities. The company's real estate endeavors are aimed at generating rental income and capital appreciation.
In addition to real estate, Alexander & Baldwin is also involved in land development. The company identifies and acquires properties with development potential and undertakes various projects to transform the land into vibrant, sustainable, and economically viable communities. These projects may include planning, zoning, infrastructure development, and construction to create residential neighborhoods, retail spaces, or mixed-use developments.
Another significant area of Alexander & Baldwin's operations is agriculture. The company has a long-standing history as a major agriculture landowner and operates a diversified agribusiness in Hawaii. Their agricultural activities incorporate operations such as cultivating sugar cane, harvesting and milling sugar, and lease farming land to other agricultural businesses. However, it is worth noting that in 2016, Alexander & Baldwin closed its sugar operations, marking the end of an era for the company.
As a real estate and land development company, Alexander & Baldwin's overall objective is to create long-term value for its shareholders by strategically acquiring, managing, and developing properties in Hawaii. By leveraging their expertise in real estate, land development, and agriculture, the company aims to contribute to the sustainable growth and development of the communities in which they operate.