Welcome to our dedicated page for Alexander & Baldwin news (Ticker: ALEX), a resource for investors and traders seeking the latest updates and insights on Alexander & Baldwin stock.
Alexander & Baldwin, Inc. (NYSE: ALEX) is a Hawai'i-based real estate investment trust that focuses exclusively on Hawai'i commercial real estate. Company news frequently highlights its position as the state's largest owner of grocery-anchored, neighborhood shopping centers and its ownership, operation and management of approximately 4.0 million square feet of commercial space across retail, industrial, office and ground lease assets.
News coverage for ALEX often centers on its Commercial Real Estate segment performance, including quarterly results, funds from operations (FFO), same-store net operating income (NOI), leased occupancy and leasing spreads. Regular earnings releases provide detail on CRE operating revenue and operating profit, leasing activity across improved properties, and occupancy trends in the retail and industrial portfolios.
Another key theme in Alexander & Baldwin news is development and redevelopment activity within its Hawai'i portfolio. The company has issued press releases describing projects such as new Class A industrial buildings at Komohana Industrial Park in Kapolei, O'ahu, and a warehouse and distribution center at Maui Business Park, as well as long-term ground leases that convert non-income producing land into income-producing assets.
Capital markets and balance sheet updates also appear in ALEX news, including amendments to its revolving credit facility, the addition of a term loan facility and related interest rate swaps. In December 2025, a major news item was the announcement of a definitive merger agreement under which a joint venture formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest will acquire all outstanding A&B common shares in an all-cash transaction, after which the company states it will become a private company, subject to closing conditions. Investors and observers can use the ALEX news feed to follow these earnings announcements, portfolio developments, financing actions and transaction milestones over time.
On September 15, 2020, Alexander & Baldwin (NYSE:ALEX) announced participation in the Bank of America Merrill Lynch 2020 Global Real Estate Virtual Conference. Key executives, including CEO Chris Benjamin and CFO Brett Brown, will represent the company. Updated investor materials, including September collections data, are available on their website. A&B, a leading commercial real estate firm in Hawai'i, operates approximately 3.9 million square feet of commercial space and aims to strengthen its local portfolio while monetizing non-core assets.
Alexander & Baldwin (ALEX) announced participation in the virtual BMO Capital Markets 2020 Real Assets Conference on September 2-3, 2020. Key executives including Chris Benjamin, Brett Brown, and Lance Parker will represent the company. Investors can access materials from the conference on the company’s website. As the largest owner of grocery-anchored shopping centers in Hawai'i, A&B operates 3.9 million square feet of commercial space, focusing on expanding its Hawai'i CRE portfolio and monetizing non-core assets.
Alexander & Baldwin reported Q2 2020 financial results highlighting significant impacts from the COVID-19 pandemic. The company faced a 12.2% decline in Net Operating Income (NOI) and a 16.8% drop in Same-Store NOI compared to Q2 2019. While commercial real estate (CRE) revenue decreased by 13.0%, occupancy rates remained relatively stable at 94.6%. The company executed 42 leases, demonstrating resilience, while also closing several non-core asset sales to enhance liquidity. Due to market uncertainties, A&B suspended dividends and refrained from providing guidance.
Alexander & Baldwin (NYSE: ALEX) announced the retirement of Chairman Stan Kuriyama, effective September 30, 2020. He will be succeeded by Eric Yeaman, an independent director since 2012. John Leong has been appointed as an independent director, effective October 1, 2020, and will stand for election at the 2021 annual meeting. The board remains largely independent, reinforcing governance practices. This leadership transition aims to foster growth and uphold commitments to environmental and social stewardship.
Alexander & Baldwin (NYSE:ALEX) will announce its second-quarter 2020 results on August 6, 2020, after market close. A live conference call will follow at 5:00 p.m. ET, featuring presentations on financial performance by CEO Chris Benjamin and CFO Brett Brown. Investors can access the webcast via A&B's website, where presentation slides will also be available for download post-announcement. A&B is Hawaii's leading commercial real estate firm, owning approximately 3.9 million square feet of commercial space, focusing on strengthening its local portfolio while monetizing non-core assets.