ILIMA COURT
75-5629 Kuakini Highway, Kailua-Kona HI 96740
RETAIL SPACE AVAILABLE
Available Spaces
110 4,305 sq ft
152 676 sq ft
170A 642 sq ft
Great property located on one of the busiest corners in the heart
of Kailua-Kona Town. Lots of visitor traffi c from Alii Drive and King
Kamehameha Marriott Hotel which is within walking distance.
Plenty of parking for residents and visitors.
Debbie Parmley (B) CCIM
Vice President | Hawaii
License No. RB-21953
Leasing Services – Island of Hawaii
Direct +1 808 987 7722
Main +1 808 524 2666
debbie.parmley@colliers.com
For details on all listings visit, www.DebbieParmley.com
West Hawaii Real Estate | January 18, 2019 13
Consulting Sales/Leasing Services Property Management
HALE KOKUA
UNIT A5
Great visibility, busy
intersection, private restroom.
Warehouse with offi ce in front.
1397 sq ft.
Available January 2019.
is the leading full-service Commercial Real Estate fi rm on
the Big Island. TCG is looking for potential qualifi ed tenants
as well as commercial property owners who need leasing
services for their property or a Leasing Agent and Property
Manager. They also offer consulting services for commercial
real estate issues.
Monique Peacock, (PB)
• Consulting
• Sales/Leasing Services
• Property Management
is the leading full-service Commercial Real Estate fi rm on
the Big Island. TCG is looking for potential qualifi ed tenants
as well as commercial property owners who need leasing
services for their property or a Leasing Agent and Property
Manager. They also offer consulting services for commercial
real estate issues.
Monique Peacock, (PB)
RB-19825
PO Box 908, Kailua-Kona, HI 96745 • Offi ce (808) 329-1111
www.TCGKona.com • email: mp@TCGKona.com
Crisis averted
One potentially catastrophic
consequence of the shutdown has
already been averted. On Dec. 28,
the Federal Emergency Management
Agency (FEMA) reversed its decision to
halt the issuing and renewal of federal
flood insurance plans, which could
have disrupted up to 40,000 new home
sales each month, according to the
National Assocation of Realtors (NAR).
The Department of Homeland
Security, one of the government
entities affected by the shutdown,
oversees FEMA. The National Flood
Insurance Program is now renewed
through May 31, 2019.
“We thank the Administration
and Congress for stepping up
so quickly to ensure the smooth
continuation of flood insurance at a
time when market disruption would
be extremely hard-felt,” said Shannon
McGahn, NAR senior vice president of
government affairs, in a statement.
The shutdown could still have
a negative effect on governmentsubsidized
real estate programs, such
as Rural Development loans by the
U.S. Department of Agriculture, which
offer zero-down payment mortgages
to improve the economy and quality
of life of rural areas.
Noah Breakstone, managing
partner at the Fort Lauderdale-based
real estate investment and development
firm BTI Partners, also worries that
a prolonged shutdown could have
a severe impact on affordable and
Section 8 housing overseen by the
Department of Housing and Urban
Development (HUD).
“The sector that could be affected
the most by the shutdown are the
people who don’t have the tolerance or
financial means to weather it,” he said.
For now, though, the industry
remains sanguine. Ron Shuffield,
president and CEO of EWM Realty
International, said that his firm had
a “busy” December in sales and
that their titles operations division
reports no problems with any of their
pending sales.
But Shuffield said that could
all change if the shutdown stretches
into February.
“If the government is still shut
down by then, we’re going to be
dealing with a lot of questions we’ve
never had to deal with before.”
/www.TCGKona.com
/www.DebbieParmley.com
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