A&B Properties, Inc. is a diversified real estate company, which includes land, planning, entitlement and management of commercial, residential and resort developments. A&B owns over 88,000 acres throughout Hawaii. By identifying and pursuing developments that enhance value from raw land holdings, and reinvesting tax-deferred proceeds from these efforts into new developments and a portfolio of income-producing properties, A&B Properties creates value for shareholders and has created a diverse income stream that is resilient to market cycles. A&B Properties owns, operates and manages approximately 5.1 million square feet of industrial, retail and office properties in Hawaii and throughout the U.S. Mainland. Once limited only to its historic landholdings, A&B Properties' development activities have been expanded throughout the State of Hawaii and the U.S. Mainland. This diversification into new places, using new ways such as joint ventures, has allowed A&B to leverage its development expertise, market knowledge and capital resources.