CBRE Investment Management Acquires $1.72M Stake in Alexander & Baldwin

The institutional investor now owns 0.13% of the Hawaii-focused real estate investment trust.

Published on Mar. 12, 2026

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CBRE Investment Management Listed Real Assets LLC acquired a new stake in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) in the third quarter, according to a recent SEC filing. The firm purchased 94,337 shares of the financial services provider's stock, valued at approximately $1,716,000.

Why it matters

This investment highlights the growing institutional interest in Alexander & Baldwin, a Hawaii-focused REIT that has transitioned from its agricultural origins into a diversified real estate owner, operator and developer. As the company continues to expand its commercial real estate portfolio across the islands, it is attracting attention from major investment firms.

The details

According to the filing, CBRE Investment Management Listed Real Assets LLC now owns 0.13% of Alexander & Baldwin's outstanding shares. The purchase was made in the third quarter of 2025. Several other hedge funds and institutional investors have also recently bought and sold shares of the company, indicating increased activity around the stock.

  • CBRE Investment Management Listed Real Assets LLC acquired the stake in the third quarter of 2025.

The players

CBRE Investment Management Listed Real Assets LLC

An institutional investment firm that acquired a new stake in Alexander & Baldwin Holdings, Inc.

Alexander & Baldwin Holdings, Inc.

A Hawaii-focused real estate investment trust that has transitioned from its agricultural origins into a diversified real estate owner, operator and developer.

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The takeaway

This investment by a major institutional player like CBRE Investment Management underscores the growing appeal of Alexander & Baldwin as a Hawaii-focused REIT with a diversified commercial real estate portfolio. As the company continues to expand its presence across the islands, it is likely to attract further interest from institutional investors seeking exposure to the Hawaii market.