Congratulations to Noel Pietsch Shaw and Erik Hinshaw for This Park Lane Ala Moana Record Sale

We are pleased to share of the recent luxury penthouse sale of Noel Pietsch Shaw and Erik Hinshaw which were featured in various luxury magazines and publications. This oceanfront penthouse in Honolulu sold for $27.5 million in a private deal — the most expensive residential property ever sold in the city.

Excerpt from Mansion Global, a luxury real estate publication which is an affiliate of Down Jones:

Honolulu Penthouse Sells for $27.5 Million, a Record for the City

Located on the eighth floor of the Park Lane Ala Moana, the 5,668-square-foot residence is on the top level of the low-rise tower, according to the listing with William Robillard of ChaneyBrooks Choice Advisors. It offers “panoramic treetop views of Ala Moana Beach park and Waikiki,” he said in the listing, plus it’s connected to the world’s largest outdoor mall, the Ala Moana Center.

The penthouse sold in an off-market deal and it was the first time one of the Park Lane Penthouses was offered on the resale market since the project launched in 2016, according to Erik Hinshaw and Noel Pietsch Shaw of Hawai’i Life Real Estate Brokers, who represented the buyer. The agents declined to identify the buyers, and Mansion Global was unable to independently identify them. Public records were not yet available.  (Continue reading here)

More Press Coverage:

• Barron’s: Honolulu Penthouse Sells for $27.5 Million, a Record for the City
• Hawaii Business Magazine: Real Estate Twist: Luxury Homes Sold Without Being Listed Publicly for Sale
• Honolulu Star Advertiser: Honolulu penthouse condo sells for record $27.5M
• Pacific Business News: Park Lane Ala Moana penthouse sold for $27.5M