Locations Announces Acquisition of Clark Realty

MEDIA CONTACT:

Anne Cicero, Locations

anne.cicero@locationshawaii.com

(808)738-3266

Locations Announces Acquisition of Clark Realty

HONOLULU – (September 25, 2018) - Oahu-based residential real estate firm Locations announced Tuesday that it is acquiring the operations of Hawaii Island-based Clark Realty Corporation, making it the state’s largest locally-owned real estate brokerage with more than 2,780 resale and new construction transactions combined in the past 12 months.

“It’s my great pleasure to welcome Clark Realty’s agents, employees and clients to the Locations ‘ohana. Together, our firms will be better equipped to provide even greater value to our clients across the state of Hawaii and beyond,” said Scott Higashi, president and CEO of Locations.

“Clark Realty is a highly respected firm on the Big Island and a natural fit for Locations. Like Locations, Clark Realty has a legacy built on local ownership, best-in-class agents, cutting-edge technology and a long record of unparalleled client service. As Locations prepares to celebrate our 50th anniversary next year, we’re thrilled to embark on this new chapter with Clark Realty as our neighbor island partner,” Higashi added.

Under the ownership of Locations, Frank Goodale will continue to lead Clark Realty as president. Clark Realty’s brokers-in-charge and administrative staff will also remain in their current roles. The change in ownership will not disrupt Clark Realty’s existing business. Any changes as a result of the acquisition will occur gradually as the leadership teams chart a course for integration that will benefit the agents and clients of both firms.

“Clark Realty’s history, culture and philosophy align well with Locations. We have already had a successful working relationship for many years through the global Leading Real Estate Companies of the World® and Luxury Portfolio International® network,” said Goodale. “There are myriad benefits—both to our agents and to our clients—of formally partnering with Locations. We look forward to continuing to serve our Big Island community and our agents by building on our strengths in a thoughtful and mutually beneficial way.”

Locations currently operates five offices on Oahu and one on Maui. With the acquisition of Clark Realty’s four offices on Hawaii Island—in Kailua Kona, Keauhou, Waimea and Hilo—Locations will be Hawaii’s premier locally-owned residential real estate brokerage.

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About Locations

As the state’s oldest and leading independent real estate firm, our trusted Neighborhood Experts have served Hawaii’s families since 1969. For nearly 50 years, Locations has helped more people buy or sell their homes than any other real estate firm in the state. With our rich kama’aina roots, innovative technology and dedicated market-research department, Locations continues to be at the forefront of this ever-changing industry. With nearly 300 agents and five offices across Oahu and one on Maui, our Neighborhood Experts live where you live. Through our non-profit, the Locations Foundation, our agents and staff support more than 100 Hawaii non-profit organizations both through monetary donations and volunteer hours. Visit LocationsHawaii.com/about-us today to learn more. For up-to-date Hawaii real estate updates, follow Locations on Facebook at: www.facebook.com/LocationsHawaii, Twitter at @LocationsHI, Instagram at @LocationsHawaii, and LinkedIn at www.linkedin.com/company/locations-hawaii. Read the Locations blog at: www.LocationsHawaii.com/news.

About Clark Realty

Clark Realty offers complete coverage of Hawaii Island in all aspects of residential real estate and property management for long-term rentals and vacation rentals in North Kona. Our 120+ agents and staff have deep roots in our local communities and understand how to successfully assist buyers and sellers navigate real estate transactions of all kinds, including 1031 exchanges, distressed property purchases and sales, and development sales. Visit the Clark Realty website at clarkhawaii.com or connect on Facebook at facebook.com/clarkrealty, Instagram @clarkhawaii or Twitter @ClarkRealty.