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James G. Pycha
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Hawaii businessman Duane Kurisu and son buy Kauai properties from Grove Farm for $17M

Hawaii businessman Duane Kurisu and his son, Robert, have purchased 12 properties totaling about seven acres in Lihue on Kauai, whose tenants include a Taco Bell, Burger King, a car wash, offices, a preschool and the island’s only movie theater, from Grove Farm, for $16.7 million.

Robert Kurisu, who confirmed the sale to PBN on Thursday, said that the purchase by the family’s newly-formed company, Nalu Aio LLC, was a straight investment. He said the and his father wanted to further diversify their real estate portfolio, which includes a mix of properties across the state on all major islands, now including Kauai.

The properties are mostly located at Kukui Grove Street near the Kukui Grove Center

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Posted on September 13, 2014 at 10:48 am by James G. Pycha

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