SaleJun 2, 2026, 04:43 PM
Maui Land & Pineapple to Sell Kapalua Property for $10M+
AI Summary
Maui Land & Pineapple Company, Inc. entered into a Purchase and Sale Agreement with DC Kapalua 1 Property, LLC to sell real property in Kapalua, Maui, Hawaii. The sale includes 8.783 acres (Lot 2-D) for $10,000,000 and up to 3.5 additional acres at $1,138,565 per acre. The agreement includes a 90-day due diligence period and provisions for governmental approvals. Additionally, the deal involves a trademark license, a master lease for retail space, and amenity access for Kapalua Club members.
Key Highlights
- Maui Land & Pineapple agreed to sell real property in Kapalua, Maui, Hawaii.
- The property includes 8.783 acres (Lot 2-D) and up to 3.5 acres of Additional Land.
- Purchase price is $10,000,000 for Lot 2-D.
- Additional Land is priced at $1,138,565 per acre.
- Agreement includes a 90-day due diligence period for the buyer.
- Buyer will pursue governmental approvals for planned development.
- Deal also includes a trademark license and a master lease for retail space.
Price Impact
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