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In 2014, most of its real estate assets were sold for $373 million. [1] The real estate portfolio had consisted of land holdings on the windward side of Oahu, Hawaii, as well as other Oahu and mainland United States properties. Properties had included commercial, retail, office, industrial and residential parcels. [2]
The ranch was founded in 1847 and is one of the oldest ranches in the United States, pre-dating many mainland ranches in Texas and other southwestern states by more than 30 years. The founder of the ranch was John Palmer Parker who assisted Kamehameha I in ridding the island of feral bulls and was granted land on which he established the ranch.
Riding along the Kualoa Ranch trails on horseback. The property continues to be a working cattle ranch and is run by John Morgan from the island of Hawaii. [6] Kualoa is open for guided tours and tours on horseback. [7] In 2018, the ranch was raising shrimp and making it available, as local lunch cuisine, to visitors. [8]
The company currently operates businesses in real estate, land operations, and materials and construction. It was also the last "Big Five" company to cultivate sugarcane. As of 2020, it remains one of the State of Hawaii's largest private landowners, owning over 28,000 acres (11,000 ha) and operating 36 income properties in the state. [3]
Ocean View is located at the southern end of the island of Hawaii at (19.107649, -155.767186), [6] on the southwest rift zone of the shield volcano Mauna Loa. Its elevation ranges from 600 feet (180 m) above sea level along the southern edge of the CDP, to 4,900 feet (1,500 m) along the northern edge.
At the time, the sale was one of the highest for a private home in the state and the country, according to the Los Angeles Times. The original 42-acre property—known as the Promised Land ...
More than two dozen farmers have been identified in court documents as potential buyers of the more than 13,000 acres of prime farmland being liquidated by the bankrupt Prima Wawona farming company.
In 1911, Shipman formed the Hilo Meat Company to market the cattle from his own ranches, his older brother Oliver B. Shipman's ranch, and the large Parker Ranch located on the northern part of the island. [13] William Herbert's youngest son Herbert Cornelius Shipman (1892–1976) took over the W.H. Shipman Company in 1943 after his father's death.