HONOLULU – Malulani Investments, Limited has completed the disposition of its 115,000 square-foot Charles Schwab Building in Dallas, Texas today for $15.8 million. The property was part of a diverse portfolio of U.S. mainland holdings that the company has invested in during the past decade.

“The sale of this property is a manifestation of a strategy to maximize returns from real estate assets acquired on the mainland beginning in 1997 and continuing for approximately six years thereafter,” said Easton Manson, president of the company. “The dispositions have achieved excellent results based on extremely high demand for high quality real estate assets in 2007.”

Malulani Investments Limited is a Honolulu-based real estate investment and development company with holdings in Hawaii, California, Texas, Indiana and North Carolina. Its holdings include industrial, retail and residential properties as well as the 21,349 acre Langtry Estate & Vineyards in Northern California.

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