Kihei, HI – August 3, 2023 - Coldwell Banker Island Properties, a renowned leader in Hawaii's residential real estate sector, is thrilled to announce the launch of its new commercial real estate division. With this expansion, the company broadens its services to include commercial real estate sales and commercial property management.
This move underscores Coldwell Banker Island Properties' commitment to holistic real estate solutions, effectively serving the needs of clients across both residential and commercial spheres. The new commercial division will provide comprehensive services, helping clients to buy, sell, lease, and manage commercial properties throughout the Hawaiian Islands.
"Coldwell Banker Island Properties has always been committed to providing unmatched real estate services in the Hawaiian region," said Steve Houle, President of Coldwell Banker Island Properties. "This new expansion into commercial real estate will allow us to serve our clients' diverse needs even more effectively. Whether it's a local business seeking new premises, an investor looking for commercial opportunities, or a property owner in need of reliable management services, our new division is poised to deliver exceptional service."
The commercial division's team will leverage its vast knowledge and experience to assist clients in navigating the complexities of commercial real estate, providing valuable insights on market trends and opportunities. The new division is led by commercial real estate veterans Brian Yano and Chris Millen who both joined Coldwell Banker Island Properties from JLL.
As Vice President and Managing Director, Yano has been instrumental in the launch of the commercial division. In this role, he will lead property, project, and facilities management services statewide. Previously Yano held positions with JLL, A&B Properties, CBRE, Colliers, and Maui Memorial Medical Center.
Leading commercial sales and leasing will be Chris Millen, CCIM, who serves as Vice President. In this position, Chris will oversee commercial sales and leasing across the Hawaiian Islands. Chris's notable career highlights include significant investment sales and projects such as 505 Front Street, Kukui Mall, Coco Palms Resort, Fairway Shops, and Napili Plaza, which reflect his strong command of the Hawaiian commercial real estate market.
With the launch of its commercial division, Coldwell Banker Island Properties completes a key component in its robust real estate ecosystem which already includes residential sales, property management, and vacation rental management. By offering a seamless experience in all aspects of real estate, clients continue to benefit from the company’s reputation for integrity, customer service, and deep local knowledge.
"We look forward to the new opportunities that our commercial division will bring," said Steve Houle. "With our innovative approach, vast network, and commitment to excellence, we will continue to shape the future of the Hawaiian real estate market."
About Coldwell Banker Island Properties
Since 1995, Coldwell Banker Island Properties has provided our clients with exceptional real estate services from start to finish. This commitment to excellence has propelled us to become the #1 real estate brokerage across Maui, Hawaii Island, and Kauai. Backed by an international reach, integrated marketing, and the latest market data, we strive to help our lifelong clients make the most informed real estate decisions possible. The brokerage is comprised of nearly 600 agents in 14 offices across Hawaii. In 2022, the brokerage closed 2,359 transactions totaling $2.3 billion.
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Coldwell Banker Commercial® provides Commercial Real Estate Services from Property Sales and Leases, to Property Management. Learn how our expansive network of Independently Owned and Operated Affiliates and Real Estate Professionals use their in-depth knowledge of the local market and industry trends to help businesses and investors navigate the complexities of the commercial real estate landscape.