Pacific Business News - Property Development Centers, the wholly owned real estate subsidiary of Safeway, Inc. says it has acquired the 15-acre Lahaina Cannery Mall for an undisclosed price.
The shopping center consists of a Safeway, Long's Drugs and various other shops and restaurants. It is located at the corner of Honoapi'ilani Highway and Kapunakea Street in Lahaina.
"Safeway has served the Lahaina community from this location since 1987, and we are very excited about the opportunity to deepen our roots through the acquisition of Lahaina Cannery Mall," Property Development Center's COO Dave Zylstra said in a statement.
The California-based national shopping center development company has 33 projects nationwide consisting of 3.5 million square feet, including three on Maui. A fourth, in the Wailuku Maui Lani Shopping Center, is under construction and is scheduled to open next spring.