Hoffman Estates, Ill. – Hendricks Commercial Properties LLC, a Wisconsin-based real estate firm, has reportedly purchased the lone Kmart store on the Hawaiian island of Maui, for $20.8 million. According to Pacific Business News, the 108,000-sq.-ft. building is part of a seven-acre parcel that had been on the market for $22.5 million.
Hendricks purchased the store from KM Maui Partners, who had been leasing the store back to Kmart.