MW Group

What MW Group does

MW Group is a privately-held, Honolulu-based commercial real estate development, investment, and management company that has operated in Hawaii for over 35 years. The company owns, acquires, and develops a diversified portfolio of high-barrier commercial assets across retail, industrial, office, self-storage, and senior living asset classes, organized through four operating sub-brands: MW Commercial Realty (leasing and property management), Hawai'i Self Storage (seven Oahu facilities), The Plaza Assisted Living (six senior living communities across Oahu), and the recently acquired Alexander & Baldwin (Hawaii's largest grocery-anchored retail REIT with approximately 4.0 million square feet of commercial space across 21 retail centers, 14 industrial assets, and four office properties).

The company's revenue mechanics are anchored in recurring rental income from its owned and managed commercial properties, supplemented by self-storage unit rentals and monthly senior living fees across independent living, assisted living, and memory care service lines. Typical acquisitions range from $5M to $75M+, with all-cash closing capability. In March 2026, MW Group closed a $2.3 billion take-private of Alexander & Baldwin in joint venture with Blackstone Real Estate and DivcoWest, more than doubling its managed footprint. Go-to-market is relationship-driven and direct, with acquisitions handled by President Daniel Cody and Senior Investment Associate Gus Zimmer, and leasing executed through dedicated Oahu (Greg Wood) and Maui (Evan Ketter) teams. The technology stack is conventional for commercial real estate; no proprietary platform or AI/ML capabilities are disclosed.

Name

MW Group

Legal name

MW Group, Ltd.

Website

https://mwgroup.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

MW Group is a privately-held Honolulu-based commercial real estate firm that owns, acquires, and develops a $1B+ diversified portfolio of retail, industrial, office, self-storage, and senior living assets across Hawaii through its MW Commercial Realty, Hawaii Self Storage, and The Plaza Assisted Living subsidiaries.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Miniwarehouses and Self-Storage Units (53113), Real Estate Property Managers (53131)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH)

Keywords

• Commercial real estate
• Property leasing
• Senior assisted living
• Self-storage facilities
• Real estate acquisitions

Headquarters

HQ city

Honolulu

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Revenue model

1. Commercial Real Estate Leasing and Rental Income: MW Group generates revenue through leasing and managing a diversified portfolio of commercial properties including retail centers, industrial assets, office buildings, self-storage facilities, and senior assisted living communities across Hawaii. Properties include Pioneer Plaza (275,000 SF office), Nimitz Center (160,000 SF), Azeka Shopping Center (134,000 SF), and multiple industrial and retail properties.
2. Property Acquisitions and Development: The company acquires and develops commercial real estate properties in Hawaii, with typical acquisition sizes ranging from $5M to $75M+. Recent major acquisition includes the $2.3 billion take-private of Alexander & Baldwin through a joint venture with Blackstone and DivcoWest.
3. Self-Storage Operations: Hawaii Self Storage subsidiary operates multiple storage facilities across Oahu (Iwilei, Kaimuki, Salt Lake, Pearl City, Kapolei, Kapolei West, Mililani), generating recurring rental income from storage unit leases.
4. Senior Living Community Operations: The Plaza Assisted Living operates six senior living communities across Oahu providing independent living, assisted living, and memory care services on a monthly rental basis.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

MW Group is a privately-held commercial real estate development and investment company that owns, acquires, develops, and manages a diversified portfolio of properties in Hawaii, including retail centers, office buildings, industrial assets, self-storage facilities, and senior assisted living communities. The company operates through wholly-owned subsidiaries MW Commercial Realty (leasing and property management), Hawaii Self Storage, and The Plaza Assisted Living, and in March 2026 completed the $2.3 billion take-private acquisition of Alexander & Baldwin, Hawaii's largest grocery-anchored commercial REIT.

Product overview

MW Group is a privately-held commercial real estate development company operating a diversified portfolio of properties valued at over $1 billion across Hawaii. The company operates through four main sub-brands: MW Commercial Realty (commercial leasing and property management), Hawaii Self Storage (#1 self storage company in Hawaii with 7 locations), The Plaza Assisted Living (Hawaii's largest senior-living company with 6 communities), and the acquired Alexander & Baldwin (Hawaii's largest grocery-anchored retail REIT). MW Commercial Realty manages retail, office, and industrial properties across Oahu (Pioneer Plaza, Nimitz Center, Aiea Town Square, Central Park Distribution Center) and Maui (Azeka Shopping Center, Kihei Plaza, Kihei Kalama Village). The portfolio spans approximately $1B+ in commercial real estate assets.

Differentiator

Problem solved

Functional benefit

Brands

• Hawai'i Self Storage: Hawai'i's #1 Self Storage Company with locations across Oahu including Iwilei, Kaimuki, Salt Lake, Pearl City, Kapolei, Kapolei West, and Mililani.
• The Plaza Assisted Living
• MW Commercial Realty, Inc.

Products and services

• MW Commercial Realty MW Group's commercial real estate leasing and property management division operating across Oahu and Maui, handling retail, office, and industrial properties including Pioneer Plaza, Nimitz Center, Aiea Town Square, Central Park Distribution Center, and Azeka Shopping Center. Serves commercial tenants seeking space in Hawaii.
• Hawaii Self Storage Hawaii's #1 self-storage company with seven locations across Oahu (Iwilei, Kaimuki, Salt Lake, Pearl City, Kapolei, Kapolei West, Mililani) offering approximately 10,800+ total lockers with 24-hour access and temperature-controlled facilities for residential and business customers.
• The Plaza Assisted Living Hawaii's largest senior-living company operating six assisted living communities across Oahu (Kaneohe, Mililani, Moanalua, Pearl City, Punchbowl, Waikiki) providing independent living, assisted living, and memory care services on a monthly rental basis with 24-hour nursing access.
• Alexander & Baldwin Commercial Real Estate Portfolio Hawaii's largest grocery and drug-anchored retail operator with approximately 4.0 million square feet of commercial space, including 21 retail centers, 14 industrial assets, four office properties, and 146 acres of ground lease holdings. Acquired in March 2026 for $2.3 billion through a joint venture with Blackstone Real Estate and DivcoWest.
• Commercial Real Estate Acquisition and Development Services Direct acquisition and development services for commercial real estate properties in Hawaii, with typical acquisition sizes ranging from $5M to $75M+ and all-cash closing options. Handled by President Daniel Cody and Senior Investment Associate Gus Zimmer. Targets property owners, investors, and joint venture partners in Hawaii real estate seeking capital and partnership.

Quantifiable outcome

• 4.0 million square feet of commercial space managed across Hawaii including 21 retail centers, 14 industrial assets, and 4 office properties
• +1 more outcomes

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Alexander & BaldwincoreOthers · 12 March 2026Alexander & Baldwin (A&B) is Hawaii's largest grocery-anchored retail REIT, now privately held through the MW Group-led joint venture. Portfolio includes ~4.0 million square feet of commercial space (21 retail centers, 14 industrial assets, 4 office properties) and 146 acres of ground lease assets. A&B will maintain its name, brand, and Honolulu headquarters.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Alexander & Baldwin: Hawaii's largest grocery-anchored retail REIT with ~4.0M sq ft of commercial space; was MW Group's most direct comparable prior to the March 2026 take-private acquisition, now operated as a subsidiary within the MW Group-led JV.
• Kimco Realty: NYSE-listed grocery-anchored open-air shopping center REIT; directly comparable to A&B's core retail portfolio and to MW Group's Azeka Shopping Center and other grocery-anchored retail assets in scale and tenant mix.
• Regency Centers: Premier grocery-anchored shopping center REIT with ~$15B AUM; comparable to MW Group/A&B's grocery-anchored retail strategy and tenant roster, serving as a public-market proxy for the grocery-anchored retail thesis.
• Brixmor Property Group: Open-air shopping center REIT focused on grocery-anchored and community retail; comparable to MW Group's and A&B's retail portfolio in tenant mix, asset class, and value-add repositioning strategy.
• Atria Senior Living: Major US assisted living and memory care operator with ~200+ communities; directly comparable to The Plaza Assisted Living's six Oahu communities and core operating model. Tricia Medeiros (Plaza COO) previously worked at Atria.
• Public Storage: Largest self-storage REIT globally with 2,500+ facilities; directly comparable to Hawaii Self Storage's 7-location Oahu footprint and recurring rental storage business model.

Broad incumbents

• Howard Hughes Holdings: Diversified real estate developer owning master-planned communities, commercial, and hospitality assets; comparable to MW Group as a long-duration, vertically integrated CRE developer with concentrated geographic focus.
• Brookfield Property Partners: Largest global CRE investor/operator with retail, office, multifamily, and logistics; comparable to the JV's diversified platform and Blackstone-scale approach to commercial real estate at scale.
• Realty Income: Net-lease REIT with $50B+ AUM; Gus Zimmer previously worked at Realty Income, and the net-lease / sale-leaseback model is relevant to MW Group's stable tax-deferred annuity investment thesis.

Regional players

• The Shidler Group: Honolulu-based commercial real estate investment firm founded by Jay Shidler; highly comparable as a Hawaii-focused institutional CRE investor where Gus Zimmer previously worked, and a natural local-market competitor and deal counterparty.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mw-group-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MW Group