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A&B buys Austin mall for $23 million

Alexander & Baldwin Inc. has purchased a retail center in Austin, Texas, for $23.1 million. The company said the Boardwalk Shopping Center, at one of Austin's busiest intersections, was built in 1996 on a 24-acre property and has 184,600 square feet of space, all of it leased.

Its major tenants are PetsMart, Ross Dress for Less and Office Max. The center is between a Super Wal-Mart and an Office Depot, A&B said.

The Hawaii company sold two mainland shopping centers last year but still has seven others on the mainland, in addition to the new acquisition, said Norbert Buelsing, executive vice president of A&B Properties, the subsidiary that handled the Boardwalk transaction.

Hawaiian waives change fees

In light of the war with Iraq, Hawaiian Airlines announced yesterday that it will waive reservation change fees to give more flexibility to travelers.

The waiver applies to reservations purchased within 90 days of the start of the military action, and travel can be rescheduled for any date through Dec. 31, the airline said.

The waiver is good for one reservation change only, with additional changes requiring applicable fees, Hawaiian said.

Aloha Airlines announced earlier this month that it would waive change fees for customers holding reservations for travel within 90 days of the start of war.

At the time, Glenn Zander, Aloha's president and chief executive officer, said the airline didn't want to discourage people from planning trips because they might be afraid they would have to pay more if war broke out.

BIA Hawaii has designs on winners

The Building Industry Association of Hawaii is accepting entries for its 2003 Renaissance Building & Remodeling Awards.

Categories include new construction and remodeling of residential, kitchen and bath, commercial, landscape, and historical projects. Submissions must not have been previously entered in the competition.

Projects are judged on strength of design and project solution, aesthetics, and market appeal; sensitivity to the existing structure; appropriate use of existing building elements; compatibility with the neighborhood; functional value; and cost-effectiveness.

Remodeling industry professionals comprise the awards jury. Winners will be recognized at an awards banquet Aug. 1 at the Renaissance Ilikai Waikiki Hotel. Entries must be submitted by May 30. Entry fees range from $325 to $895 and must be paid by April 30.

For more information or applications, call Sonya Kimura at 847-4666, ext. 206, or visit www.bia-hawaii.com.

Cisco buys network firm for $500 million

CHICAGO >> Cisco Systems Inc., the No. 1 maker of equipment that directs Internet traffic, said today it will pay about $500 million in stock to buy Linksys Group Inc. in a bid to enter the competitive consumer home-networking gear market.

The acquisition of privately held Linksys, Cisco's biggest deal since May 2000 and its third so far this year, is part of the San Jose, Calif.-based company's strategy to target growth in such fast-growing markets as wireless, security, storage networking and Internet voice and data transmission.

The deal will bring Cisco in direct contact with consumers as opposed to its more traditional large corporate customers in the enterprise sector and brings new risks.

Home networks allow consumers to share high-speed Internet connections, files, printers and gaming over a local area network.

Outrigger opens Australia hotel

Outrigger Hotels & Resorts has opened its ninth property in Australia, the 166-suite, $15 million waterfront Outrigger Hervey Bay Resort in Queensland.

The resort includes a 200-seat conference center, restaurants, specialty shops, a lagoon pool and other recreational amenities.

Honolulu-based Outrigger operates or has under development 48 hotels and resort condominiums in the Pacific, and plans to operate 20 resorts in Australia, New Zealand and neighboring islands by 2005.

The Outrigger Hervey Bay Resort is opposite the World Heritage-listed Fraser Island and is an ideal whale-watching spot, the company said.

Hervey Bay is a three-hour drive from Queensland's capital city of Brisbane.


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[Hawaii Inc.]

New Jobs

>> Marion Gedeon has been hired as controller for Graham Builders Inc. She was most recently business manager of Hawaii Impulse Systems. 

>> Keith Steel Kong has been named executive chef Duke's Canoe Club Waikiki. He has nearly 18 years of restaurant experience, most recently as executive chef at Hale Ikena at Fort Shafter.

>> The Hawaiian Eye Center has hired Elizabeth Schlanski as its clinic ophthalmic medical assistant. She most recently worked as a medical assistant at the Colorado Springs Surgical Association. Joey Lucas has been hired in sales and dispensing at the company. And Sharon Grant Alama has been named certified ophthalmic technician for its Maui office. She was most recently with Island Eye Care in Kailua-Kona.

>> Castle Resorts & Hotels has hired Renette Carpio as director of owner relations, Scott Medeiros as general manager of Kamaole Sands and Dee Ann Rapozo as general manager of Poipu Shores. Carpio will handle all new property transitions, in addition to working with all Castle Resorts property condominium owners and hotel board members. She was previously the owner service liaison at Marc Resorts Hawaii.

Medeiros will be responsible for all operational aspects of the Kamaole Sands. He was previously with Marc Resorts Hawaii as general manager of Maui Vista.

Rapozo will be responsible for all operational aspects of Poipu Shores. Castle Resorts manages 20 hotels and condominiums in Hawaii, Saipan and New Zealand.

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