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The Maui News
Gulsons Lahaina LLC, a Watumull Properties Corp. company, recently purchased two two-story buildings in Lahaina for $5 million.
The property consists of the nearly 22,000-square-foot Mind's Eye Interiors furniture store and an adjacent 13,300-square-foot multitenant building on three parcels totaling almost an acre, a news release from Gulsons said Thursday.
In addition to Mind's Eye Interiors, tenants include State Farm insurance, a barber shop, a jiu jitsu studio, a handyman and a vape shop.
Watumull Properties also owns the nearby West Maui Center, the news release said.
The seller was Patricia Losberg, as trustee under the Josef and Patricia Losberg Trust, and Pensco Trust Co. for the benefit of Patricia Diane Losberg IRA.
"We believe in the future of Maui, and our decision to buy this asset is a bet on that future," said JD Watumull the CEO of Watumull Properties Corp.
Joe Haas, managing director, and Andy Starn, senior vice president of Cushman & Wakefield ChaneyBrooks, represented the buyer. Mary Anne Fitch of Hawaii Life represented the seller.