Standard Commercial LLC

A shift is happening in Hawai‘i’s commercial real estate market.

Our President, Ian Clagstone, was recently featured in Pacific Business News discussing a growing trend: generational owners choosing to sell iconic properties that have been held for decades, sometimes generations.

These decisions aren’t just about timing the market. They’re about legacy, family alignment, and long-term planning. We’re proud to support local families through these complex, meaningful transitions.

Mahalo to Pacific Business News for the feature.

Happy New Year from the Standard Commercial Team! 🎊 Grateful for our incredible team and a great holiday season. Here’s a moment from our holiday party, and a sweet treat provided by Huli. Cheers to continued growth and a strong 2026 ahead! 🎉📈🌇

🌺 NEW LISTING 🌺
📍Hau‘ula | O‘ahu

A rare commercial opportunity across from Hau‘ula Beach Park with prime Kamehameha Hwy frontage and massive potential.

🏝️ 54-124 & 54-126 Kamehameha Hwy
    •    Fee simple | 40,470 SF land
    •    7,780 SF commercial building
    •    265 ft of highway frontage
    •    Under-market rents = huge value-add upside
    •    Current tenants: Aloha Hawaii Gifts, 2 residential tenants + food truck, all short term leases
    •    Flexible for owner-users, investors, or developers
Re-tenant, reimagine, or redevelop

📦 TMKs: 1-5-4-2-5 & 6
📲 DM for details.

Listed by Ian Clagstone of Standard Commercial.

📧 [email protected]
📞 808-208-8100

📣 Lihue Town Plaza in the News! 🗞️

PBN just spotlighted SC Capital’s transformation of Līhu‘e Town Plaza on Kaua‘i.

📈 Occupancy jumped from 46% → 71% after renovations
☕️ Welcoming new tenants: Blue Bird Coffee, Cozy Bowl Noodles, + Hawaii Regional Council of Carpenters
‼️ Only 3 spaces left as momentum continues

For leasing inquiries, contact Sarah Ikioka at Standard Commercial.

Sarah Ikioka
📧 [email protected]
📱 808.208.8105

Standard Commercial
Retail • Office • Industrial • Investment

📈 Downtown Honolulu Building SOLD! 📈

1022 Bethel Street has sold for $7,500,000, marking a notable transaction in Honolulu’s Central Business District. The buyer secured a well-maintained 7-floor asset and will convert the building into self-storage, tapping into one of Honolulu’s fastest-growing demand sectors.

Ian Clagstone of Standard Commercial represented the seller, marking his 9th office building sale in downtown Honolulu in recent years.

For more information, call 808-208-8100.

Sold by Ian Clagstone of Standard Commercial 🏙️

🎉 LEASE SIGNED!
Honolulu, get ready to graze in style.

Graze Craze has officially secured its first Hawai‘i location at Finance Factors Center in Downtown Honolulu! 🧀🌿✨

Graze Craze isn’t just about charcuterie, it’s about connection. Their handcrafted boards and boxes transform any moment into a celebration, whether you’re thanking a client, hosting a crowd, or treating yourself to something beautiful.

With locations across the U.S., Canada, France, and Australia, Graze Craze is now bringing its elevated catering experience to the islands… and we’re proud to welcome them to their new Hawai‘i home. 🌺

📍 Coming soon to Finance Factors Center, Downtown Honolulu

Landlord represented by Kathleen Okubo and Shelby Kihara of Standard Commercial.

✨🍋‍🟩 First time ever on the market! 🍋‍🟩✨

This rare investment gem checks all the boxes:

🏢 Solid all-concrete construction
🚗 15 covered parking stalls
🛋️ Spacious floor plans + lanais
💡 Many units upgraded with tile/LVT flooring
👕 In-unit washer/dryer hookups
🧺 On-site coin operated laundry
📦 5 bonus storage units for extra income

With in-place rents and huge upside potential, this is the opportunity you’ve been waiting for. Properties like this don’t come around often. Secure your long-term investment today!

Comment “LIME” to receive the marketing brochure with more details and price on this opportunity. 🍋‍🟩

Listed by Matt Raff of .commercial
📞 808-208-8102

☕️ Coffee Vendor Opportunity at Kalaeloa Professional Center!
 
We’re currently seeking a quality coffee vendor to serve our fully leased, thriving office community in Kapolei.
 
📍 Located in a beautifully landscaped, garden-style setting
🚗 Ample parking + convenient 24/7 access
🛍 Minutes from Ka Makana Ali‘i, H-1 freeway, and the VA Hospital behind Costco Kapolei
 
Kalaeloa Professional Center is home to tenants such as DTRIC, Servco, Hawaii State FCU, and Allstate—creating a built-in, high-traffic customer base in Oʻahu’s fast-growing second city.
 
If you’re a coffee vendor looking to grow your presence in West Oʻahu, we’d love to connect.
 
📩 Inquire via DM or call 808-208-8100 for more details.
 

🏠 Investment Opportunity in Makiki! 💼

🔑 1637 Kewalo – A 7-unit multifamily property with a prime location and fantastic unit mix! Live in one unit, rent out the rest, and start generating income. 💰

HIGHLIGHTS
✔️ 5+ parking stalls & abundant street parking
✔️ Under-market rents & most tenants on month-to-month leases
✔️ Vintage charm with architectural character from 1937 ✔️ Value-add potential to boost returns

Whether you’re an investor or a buyer looking to live and earn, this is the opportunity you’ve been waiting for!

Listed by Matt J. Raff

For more information, contact Matt at:
📞 808-208-8102
✉️ [email protected]

RARELY AVAILABLE SPACE! Warehouse Space Available for Lease in Waipio Gentry Business Park. This 1,607 sq. ft. high-cube warehouse offers clear span space, a small office, and a private restroom. The property includes shared refuse collection services with four bins, as well as roving security guard services after hours. The location provides convenient access to the H-2 freeway via Ka Uka Boulevard, Daniel K. Inouye International Airport, and Honolulu’s central business district. A great opportunity for businesses seeking a prime warehouse location with excellent amenities.

WAREHOUSE FACILITY FACTS:
Building Size: 1,607 SF
Year Built: 1980
Construction: Reinforced Concrete
Zoning: I-2 - Heavy Industrial

For more information, contact:
Shelby Kihara (B)
D: 808-208-8110
E: [email protected]

🌟 Exciting News! 🌟

A huge congratulations to Sarah on her well-deserved promotion to Senior Associate in Standard Commercial’s brokerage division! 🎉

Sarah has demonstrated exceptional talent and dedication, securing an impressive list of tenant rep accounts. As a valued member of our landlord rep team, her contributions have been instrumental in our success on several office and retail projects.

Comment 🙌 to congratulate Sarah on her promotion!

Congratulations to our 2024 Top Producer, Matt Raff! 🏆

Matt continues to raise the bar as Standard Commercial’s Top Producer for another year running! He leads Hawaii as a top multifamily broker in addition to advising clients with commercial transactions.

Drop a 👏 in the comments to cheer for Matt!