Alexander & Baldwin, Inc. (ALEX)

Alexander & Baldwin's stock was impacted by the announcement on December 8, 2025, that the company would be taken private by a joint venture for $21.20 per share. Prior to this, the stock had experienced a correction from its September highs. The company also increased its quarterly dividend. Over the past six months, ALEX's stock has shown a return of +17.2%.

The demand for Alexander & Baldwin's commercial real estate in Hawaii is influenced by the state's supply-constrained market, which supports property values and rental income. The consistent demand in this market suggests a relatively stable demand profile for Alexander & Baldwin's core business.

Alexander & Baldwin, Inc. (ALEX) is a publicly traded real estate investment trust (REIT) focused on commercial real estate in Hawaii. The company owns, operates, and develops commercial properties across the Hawaiian islands, including retail centers, industrial assets, and office properties. Alexander & Baldwin is the largest owner of grocery-anchored, neighborhood shopping centers in Hawaii and also has a Land Operations segment.

Alexander & Baldwin, Inc. maintains an exclusive geographic footprint within the state of Hawaii. The company's headquarters are located in Honolulu, Hawaii, and it owns, operates, and manages properties across the islands.

Alexander & Baldwin has a long-standing history in Hawaii and is deeply integrated into the state's economic development. The company emphasizes its commitment to the communities, people, culture, and environment of the islands. Following the announcement of its acquisition and privatization, the company stated that it would retain its name, brand, and headquarters in Honolulu.

Alexander & Baldwin, Inc. will transition from a publicly traded company to a private entity. The new major owners will be a joint venture formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest.