Bishop Street Commercial (BSC) announced today that it will acquire the property management portfolio and sales and leasing functions of GMR LLC. Philip Russell, CRE will join BSC as executive managing director while also continuing as president of GMR’s remaining business services.
“We are extremely fortunate to have Phil join us. He brings an invaluable level of knowledge and insight to the team along with his history in asset services and Hawaii’s real estate market,” said Matt Bittick (PB) CCIM SIOR, chief executive officer of BSC. “This business opportunity is a perfect complement to BSC’s continued growth in the Hawaii market.”
The transaction adds 122,700 square feet of rentable commercial properties to the BSC management portfolio.