Purchased from a 100+ year old Hawaii Estate company in a two-part, structured transaction in June 2004 and February 2005.  Identified business plan to meet pent up demand for fee simple industrial-zoned land via land sales and/or build-to-suits. Executed phase I business plan, selling 88 acres in 29 separate transactions to users, investors and developers over a 3-year period (2004-2007). Executed phase II business plan, selling 54 acres in bulk to a developer (2005).