The deal marks one of the largest office sales in Hawaii this year. It also represents one of the Andersons' first large real estate purchases outside Southern California.
The 478,000-sf waterfront development's twin towers rise 20 stories. Eastil Realty began marketing the project on behalf of Mitsui Fudosan USA Inc. earlier this year, and escrow is expected to close within a few weeks.
John Anderson heads Topa Equities Ltd., an LA-based holding company that owns several projects in upscale areas that include Beverly Hills, Century City, Brentwood and Westwood. Topa also operates some of the nation's largest beverage-distribution companies, including Ace Beverage and Mission Beverages.
The Andersons, whose net worth was estimated at $750 million by Forbes magazine earlier this year, are also among LA's top philanthropists. UCLA's prestigious Anderson School of Business is named after John Anderson, who gave the university $15 million to get the school started.
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