Developer ProsPac hires veteran A&B exec to oversee Hawaii project


ProsPac Holdings Group has hired veteran Hawaii real estate executive Rick Stack to oversee the developer’s operations, including the development of Azure Ala Moana, its 429-unit mixed-use tower planned for a site across from Walmart’s Honolulu store.

Stack, who was named executive vice president of ProsPac Holdings Group, was most recently head of the commercial and high-rise development operations at Alexander & Baldwin (NYSE: ALEX), overseeing development of such projects as The Collection…

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