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.
Alexander & Baldwin (ALEX) has appointed Lance K. Parker as the new president, effective January 1, 2023. Parker, currently the chief operating officer, has been with the company for 18 years and has played a key role in its transformation into a leading commercial real estate firm in Hawai'i. The CEO, Christopher J. Benjamin, will retain his position. Parker's extensive experience and commitment to the local community are expected to enhance A&B's real estate presence.
Alexander & Baldwin, Inc. (NYSE:ALEX) announced its participation in the Sidoti December 2022 Small-Cap Virtual Conference, taking place on December 7-8, 2022. The company's management will present during a live webcast on December 7, 2022, from 4:00 p.m. to 4:30 p.m. Eastern Time. Investors can access the webcast through the provided link. A&B, focused solely on Hawai'i's commercial real estate, manages approximately 3.9 million square feet across various properties, cementing its role as the state's largest owner of grocery-anchored shopping centers.
Alexander & Baldwin, Inc. (NYSE:ALEX) announced its participation in the Nareit's REITworld 2022 Annual Conference from November 15–17, 2022, in San Francisco. This event presents a significant opportunity for A&B's management team to engage with investors and showcase the company's strategic focus on Hawai'i commercial real estate. A&B is the largest owner of grocery-anchored shopping centers in Hawai'i, managing approximately 3.9 million square feet of commercial space. Investor materials are accessible on A&B's website.
Alexander & Baldwin, a Hawai'i-based firm, reported strong Q3 2022 results with a 2.8% increase in Same-Store NOI and a 4.0% rise in Core FFO per diluted share year-over-year. Leased occupancy stood at 94.6%. Notable financials include net income of $6.3 million and Core FFO of $18.9 million. The company is focusing on growth opportunities, enhancing properties sustainably, and has improved its full-year guidance, projecting Core FFO per share between $1.07 and $1.11.
Alexander & Baldwin, Inc. (NYSE: ALEX) will release its third quarter 2022 results after market close on November 3, 2022. A conference call and webcast will follow the same day at 5:00 p.m. ET, featuring a presentation on the company's operating and financial performance. Key executives, including CEO Chris Benjamin and CFO Brett Brown, will participate in the discussion. Interested parties can listen to the call by dialing in or via the webcast available on A&B's website. Presentation slides will be downloadable after the market closes on the same date.
On September 21, 2022, Alexander & Baldwin (NYSE: ALEX) announced participation in the Sidoti Small-Cap Conference, set to occur virtually. The live webcast of their presentation will be held from 4:00 to 4:30 p.m. Eastern Time on the same day. Investors can access the conference materials and the webcast link on the company's official website. As a leading real estate investment trust in Hawai'i, A&B manages approximately 3.9 million square feet of commercial space and focuses on expanding its commercial real estate portfolio.
Alexander & Baldwin, Inc. (NYSE: ALEX) will participate in the Bank of America Securities 2022 Global Real Estate Conference held in New York on September 13–14, 2022. Investors can access relevant materials on the company's website. A&B specializes in Hawai'i commercial real estate and is the largest owner of grocery-anchored shopping centers in the state, managing approximately 3.9 million square feet of commercial space. The company aims to strengthen its portfolio by monetizing non-core assets while continuing its historical role in the local economy.
On August 23, 2022, Alexander & Baldwin (NYSE: ALEX) announced the promotion of Clayton K.Y. Chun to executive vice president and chief financial officer, effective December 1, 2022. Chun, currently the chief accounting officer, replaces Brett A. Brown, who will assist in the transition until November 30. Additionally, Anthony J. Tommasino has been appointed vice president and controller, effective October 1, 2022. The changes reflect the company's ongoing simplification strategies and enhanced focus on Hawai'i commercial real estate.
Alexander & Baldwin, Inc. reported strong financial results for Q2 2022, achieving a 4.4% increase in Same-Store NOI and a 12.0% increase in Core FFO per diluted share year-over-year. Total leased occupancy reached 94.6%, while the company executed 76 leases with notable leasing spreads. The sale of approximately 18,900 acres of land on Kaua'i marks a significant strategic move, contributing $73.9 million in net cash proceeds. The company declared a dividend increase of $0.22 per share and revised its full-year guidance upward, reflecting improved performance expectations.
Alexander & Baldwin (NYSE:ALEX) has announced a $0.22 per share dividend for Q3 2022, marking a 10% increase from Q2 2022's $0.20. This is the third consecutive quarterly increase, reflecting strong commercial real estate performance. The dividend will be payable on October 5, 2022, to shareholders of record by September 19, 2022. CEO Chris Benjamin expressed satisfaction with the portfolio's performance, which supports the dividend increase.