Citadel Pacific Renovates ITC, Plans to Upgrade Newly Acquired BOH Building | Guam Affairs

Following the announcement of the purchase of the Bank of Hawaii building in Hagåtña, Citadel Pacific Ltd. announced that she was showcasing another well-known property under her management – the Guam International Trade Center in Tamuning.

According to a company statement, work is underway to modernize the lobby on the first floor of the ITC building with new flooring, improved elevators, LED lighting, renovated toilets, improved security booth, digital phone books and more. electronic bulletin boards.

Citadel Pacific Ltd. is a private holding company and parent company of IT&E, IP&E and Fujita Properties Inc. On Thursday, it announced that it had purchased the Bank of Hawaii building on Soledad Avenue in Hagåtña.

The company will continue to rent office space in the bank building and plans to further improve the building.

The 62,000 square foot Hagåtña property has quality office space, covered parking and is highly visible from Marine Corps Drive.

“The opportunity to acquire an exceptionally well-known building in the heart of Hagåtña is very exciting,” said Jim Beighley, CEO of Citadel Pacific Islands. popular historical sites, while being conveniently located near the Supreme and District Courts. This investment fits directly into our strategy as we expand our portfolio and explore dynamic markets in the Pacific region. “

Citadel Pacific Ltd. operates in the Philippines, Hong Kong, Macau, Palau, CNMI and Guam. Its holdings range from controlling interests in companies active in telecommunications, retail, renewable energy, oil and gas distribution, commercial and industrial property, in-flight catering and workforce services .

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