City Square Shopping Center

What City Square Shopping Center does

City Square Shopping Center is a privately held, single-asset community shopping center located at 1199 Dillingham Boulevard in the Kapalama/Kapalama district of Honolulu, Hawaii, operated by City Square Management Services, Inc., a Hawaiian corporation. The property is leased to a diversified mix of approximately 20+ restaurants (including ramen, sushi, Thai, bakery, bubble tea, and local Hawaiian establishments), a range of personal and business services (pet center, dental, salons, insurance, travel agency, chiropractic, e-bikes, golf, CBD), and an indoor air-conditioned Chinatown Marketplace featuring multiple vendor stalls selling fresh local produce, meats, and seafood. The center also operates a smaller annex building at 1287 Kalani Street with additional retail and service tenants, and is fronted by Dillingham Boulevard with easy access from the H1 highway and ample free parking.

The center's core offering is physical retail real estate, with no proprietary technology platform or digital product. The only notable infrastructure investment is a rooftop photovoltaic solar panel array installed as a sustainability measure. Marketing is limited to organic social media (Facebook, Instagram, Twitter) and a Wix-hosted website used to share specials, events, and tenant directories.

City Square generates revenue by leasing retail and commercial space to its tenants under recurring rental agreements negotiated individually based on space, location, and term; lease rates are not publicly disclosed. The company's primary customer base consists of local Kalihi/Kapalama neighborhood residents seeking convenient shopping, dining, and services, while its tenant counterparties are small and fragmented. The business has 1–10 employees, no disclosed parent company, no venture or private equity backing, and no public listing.

Name

City Square Shopping Center

Legal name

City Square Management Services, Inc.

Website

https://citysquarehawaii.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

City Square Shopping Center is a privately held community shopping center in Honolulu's Kalihi/Kapalama district, leasing space to roughly 20+ restaurants, service businesses, and indoor marketplace vendors to serve local neighborhood shoppers.

Ownership category

akta.pro rank

Product category

Shopping Center Property Management

NAICS

General Merchandise Retailers (455)

SIC

Retail-Variety Stores (5331)

akta.pro primary industry

Regional Department Store–Anchored Multi-Category Retail (Store-in-Store) (CRAGAFAH)

Keywords

• Retail property leasing
• Shopping center management
• Commercial real estate
• Tenant leasing services
• Community retail center

Headquarters

HQ city

Honolulu

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure

Revenue model

1. Retail Tenant Leasing: The shopping center generates revenue by leasing retail and commercial spaces to restaurants, shops, service providers, and marketplace vendors. Tenants include restaurants (Chef's Ramen, Chuck E. Cheese, Young's Fish Market), service businesses (Kalihi Pet Center, dental offices, salons), and marketplace vendors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

City Square Shopping Center is a multi-tenant community retail property in the Kalihi-Kapalama neighborhood of Honolulu, operated by City Square Management Services, Inc. It houses 100+ shops, restaurants, and service businesses, anchored by the indoor City Square Marketplace which rents vendor stalls to small sellers. Revenue is generated through negotiated commercial lease arrangements with tenant businesses, along with marketplace vendor agreements.

Product overview

City Square Shopping Center is a physical retail shopping center located in Kalihi, Honolulu, Hawaii. The center operates as a multi-tenant commercial property featuring three main offerings: the City Square Marketplace (an indoor, air-conditioned market with fresh produce, meats, and seafood vendors), a collection of Restaurants (dining options ranging from ramen to sushi to bakeries), and Shops & Services (retail stores and professional services including pet care, salons, dental, insurance, and travel). The center also offers commercial leasing opportunities for businesses. The portfolio includes 1199 Dillingham Blvd (main shopping center) and the City Square Annex at 1287 Kalani Street, with management services provided by City Square Management Services, Inc.

Differentiator

Problem solved

Functional benefit

Products and services

• City Square Marketplace Indoor vendor marketplace within City Square Shopping Center that rents stall space to multiple small vendors selling goods, providing a low-commitment retail entry point for independent sellers in Honolulu's Kalihi-Kapalama neighborhood.
• Retail Shop Leasing Leased storefront space within the shopping center for independent retail tenants selling various goods, serving small business owners seeking established retail location in Honolulu.
• Restaurant Space Leasing Leased restaurant and food service space within the shopping center for independent restaurant operators, part of the center's mix of dining options for neighborhood shoppers.
• Service Business Leasing Leased space within the shopping center for personal and professional service businesses serving neighborhood residents.
• City Square Annex Leasing Ancillary commercial leasing property at 1287 Kalani Street, Honolulu, extending the City Square footprint for tenant businesses.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Regional players

• International Market Place: International Market Place is an open-air shopping, dining, and entertainment center in Waikiki, Honolulu. It is comparable to City Square as a multi-tenant Honolulu retail property combining restaurants, shops, and entertainment under one managed campus.
• Royal Hawaiian Center: Royal Hawaiian Center is an open-air shopping and dining destination located in Waikiki, Honolulu. Its multi-tenant mix of restaurants, retailers, and service providers, with curated daily and tourist appeal, is structurally similar to City Square's Kalihi community shopping center model.
• Ala Moana Center: Ala Moana Center is the largest open-air shopping center in Hawaii, located in Honolulu. As a multi-tenant retail property in the same Honolulu market with a broad dining and shopping mix, it is a regional analog to City Square, though at far greater scale and as a tourist-and-local destination.

Broad incumbents

• Kimco Realty: Kimco Realty is a leading publicly-traded REIT that owns and operates open-air shopping centers across the U.S., with a focus on grocery-anchored and community centers. It is comparable to City Square as a multi-tenant community shopping center operator, though at vastly greater scale and geographic diversification.
• Phillips Edison & Company: Phillips Edison & Company is a publicly-traded REIT that owns and operates a portfolio of neighborhood shopping centers, typically anchored by necessity-based retailers. Its small-format, multi-tenant community center model closely mirrors City Square's value-oriented, daily-needs tenant mix.
• Brixmor Property Group: Brixmor is a publicly-traded REIT that owns and operates a high-quality national portfolio of open-air shopping centers. Its community and neighborhood shopping center focus, multi-tenant lease model, and grocery/dining-anchored mix make it directly comparable to City Square's operating model, though at much larger scale.
• Federal Realty Investment Trust: Federal Realty is a long-standing REIT that owns and operates a portfolio of high-quality retail and mixed-use properties, including community and neighborhood shopping centers. Its curated, multi-tenant open-air center model with a strong dining and service mix is closely comparable to City Square's approach.
• Regency Centers: Regency Centers is a national REIT that owns and operates grocery-anchored open-air shopping centers in affluent trade areas. Its focus on community-serving retail with a curated dining and service tenant mix is comparable to City Square's positioning as a Kalihi neighborhood shopping destination.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/CitySquareHI
• Facebookfacebook.com/CitySquareHawaii
• Instagraminstagram.com/citysquarehawaii
• LinkedInlinkedin.com/company/city-square-management-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about City Square Shopping Center