Avalon Development Buys Former Saint Francis School Campus

Hawaii real estate investment company Avalon Development, a subsidiary of Avalon Group, has purchased just over 11 acres in Honolulu that previously served as the site of the Saint Francis School until 2019. The property was purchased from the Sisters of St. Francis of the Neumann Communities for $23,350,000 or about $179 per square foot. The land is located adjacent to the University of Hawai'i at Manoa and near the Mid Pacific Institute, Punahou and Maryknoll private schools.