Servco Purchases 4-Acre Site At A&B Properties' Maui Business Park

KAHULUI, Hawaii, Jan. 8, 2015 /PRNewswire/ -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX), and Servco Pacific Inc. (Servco), Hawaii's largest automotive company, today announced that A&B Properties' Maui Business Park II will be the site of Servco's newest Lexus and Subaru auto dealerships on Maui. The purchase of a 4-acre site within the Park for $8.2 million closed today. Construction is scheduled to start in 2016, with completion scheduled in 2017.



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