Commodity Forwarders Inc. is preparing to move into a new 46,000-square-foot warehouse in the Bamboo Commerce Center at 2312 Kamehameha Highway, a major step up from its antiquated facility, company officials said.
The company, which imports and exports perishable goods, plans to be in the new building by Feb. 1, and is looking to sublease about half of it, said Norma Acob, CFI’s regional manager for Hawaii. The move has been in the works for a while, but it has taken some time to find a location that works, she said.
The company’s clients include Safeway, Whole Foods, Ruth’s Chris Steak House and Foodland Super Market, as well as local farmers.
CFI declined to discuss the lease and how much it will cost to make the warehouse climate-controlled, add offices and make other rennovations. It doesn’t anticipate having to hire for the new facility, which is about 10 times larger than the old facility at 3159 Koapaka St.
“Some clients have had a private tour,” Acob said. “They are excited just as much as we are.”
The new facility means it will be able to add customers, she said. It is closer to Honolulu International Airport than the old facility and has loading docks.
“They were in their previous facility for 25 years and it is obsolete,” said Jay Elicker, senior vice president of Sofos Realty Corp., which brokered CFI’s lease. “They simply outgrew the space.”
Elicker said he anticipates finding a business to sublease the remaining 18,000 square feet of warehouse space and 1,000 square feet of office space within the next two months because the market is strong.
“We have had a lot of interest in it,” he said.