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Island Land Company Debuts with Kona Real Estate Exec Ed Rapoza at the Helm; Collaborative Projects Already in the Works Throughout the Big Island

Kailua Kona, HI (PRWEB) October 17, 2005

Kailua-Kona, Big Island of Hawaii (PRWEB) October 17, 2005 — When Kona real estate executive Ed Rapoza landed at Maryl Realty in 1989, real estate values across Hawaii were rapidly escalating due to frenzied offshore investment. Some 16 years later, 2005 finds Rapoza opening the Island Land Company in the midst of another red-hot real estate market (http://www.hawaiihomesandland.com).

“In todays volatile world, Hawaii has the appeal of a safe refuge with its beautiful beaches and tropical climate on U.S. soil, explains Rapoza. As president of Island Land Company, he plans to concentrate on building small-scale, intimate communities in towns or niche markets.

As a commercial and sales agent for Maryls Crossroads Center in Kona and Waiakea Center in Hilo, Rapoza successfully leased over 500,000 square feet of commercial space. His experience in project marketing, sales, management and operations of luxury homes and commercial developments is already spearheading several upcoming collaborative projects, including:

Kaha’olino: Thirty-four lots ranging in size from 20,000 square feet to a acre located between Coastview and Kona Palisades. Site work is underway and will be marketed in phases beginning summer 2005. Tinguely Development is the developer and Island Land Company is the listing agent.

Holualoa Art Village: Retail, Office, and Artist Lofts in the heart of Holualoa along with fifteen island-style cottages. Island Land Company is co-owner along with Tinguely Development as well as the listing agent.

Hanaulua Village: Thirty-four planned unit development located between Hawi and Kapaau consisting of 10,000 square-foot lots. Sales are set to begin in late fall. Tinguely Development is the developer and Island Land Company is the listing agent.

Waimea Parkside: Forty homes in a planned unit development on 10,000 square-foot lots on Waimeas Lindsey Road. Sales expected to begin in early 2006. Tinguely Development is the developer and Island Land Company is the listing agent.

Alii Parkway Heights: A proposed affordable housing community located on 14 acres just South of Pottery Terrace in Kona. Lava Kuakini LLC is the developer and Island Land Company is the sales agent.

Walua Courtyard: A mix use development featuring Class A office space and eight penthouse homes with private garage parking and elevator key access. Tinguely Development is the developer and Island Land Company is the sales and leasing agent.

Walua Professional Center: Class A office development consisting of seven suites totaling 14,187 square feet located in the heart of Kailua-Kona and featuring Bay views. Suites available to lease between 1,560 square feet to 3,280 square feet. Island Land Company is the co-owner and its leasing agent.

Island Land Company, a real estate brokerage focusing on the sale and joint venture of commercial and residential investments, is located in Kona. Ed Rapoza is the owner and principal broker of Island Land Company. For more information, go to http://www.hawaiihomesandland.com or call (808) 329-7170.

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