Hawaii Foreclosures and Real Estate

Understanding Hawaii’s unique economy is a major part of running a successfulbusiness operation in the state.  Because of the island chain’s rather intricate and fragile way of doing business, newcomers must quickly understand the economic complexiono f the state in order to better understand the commercial landscape.  For people interested in Hawaii commercial real estate, the major economic driver is tourism. Although at one time, Hawaii was big in sandalwood and whaling, Hawaii today thrives off food exports, including coffee, macadamia nuts, pineapple, livestock, and sugarcane, as well as military and education.  Major commercial centers are located across the state, usually around harbors which are conducive to shipments.  Nawiliwili Harbor in Kauai is the major transit point for most goods and services on the island. The Kahului Harbor serves a similar role on Maui.  On Oahu, a much more diverse commercial landscape and spread out economic interests around the island.  Notable places of business include the downtown district that features dozens of high-rises and sky scrapers, Sand Island, Honolulu Harbor, the Honolulu International Airport, Campbell Industrial Park, and Pearl Harbor.  Major military installations throughout the state are also staples of the economy.  The largest bases are at Hickam Air Force Base and Pearl Harbor.

Tags: Hawaii, Honolulu International Airport, Kahului Hawaii, Kauai, Maui, Oahu, Pearl Harbor, United States