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Agreement signedPublished 4 Aug 2026

David Johnston /
Barnwell Hawaiian Properties, Inc.

Barnwell unit agrees to sell Hawaii real estate interests for $1.77 million

Buy side: David Johnston
Buy sideDavid Johnston
Target: Barnwell Hawaiian Properties, Inc.
TargetBarnwell Hawaiian Properties, Inc.
Barnwell Industries, Inc. · 4 Aug 2026Source
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Follow David Johnston Follow Barnwell Hawaiian Properties, Inc.
Buy side: David Johnston
Buy sideDavid Johnston
Target: Barnwell Hawaiian Properties, Inc.
TargetBarnwell Hawaiian Properties, Inc.
01 / BuyerDavid Johnston
02 / TargetBarnwell Hawaiian Properties, Inc.
Source for the buyer and target: Barnwell Industries, Inc.

For the buyer and target.

“On July 31, 2026, Barnwell Hawaiian Properties, Inc., a Delaware corporation (“BHP”) and a subsidiary of Barnwell Industries, Inc. (the “Company”), together with Ka’upulehu Developments, a Hawaii general partnership (“KD”) for which BHP serves as authorized general partner, entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with David Johnston, as purchaser (the “Buyer”).”

Published 4 Aug 2026

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01

What happened

Barnwell Hawaiian Properties and Ka'upulehu Developments agreed on July 31, 2026 to sell a set of Hawaii partner interests and project rights to David Johnston. The cash price is $1,770,000, payable at closing, with the closing targeted for on or before Sept. 15, 2026. [01]

The deal would let Barnwell Industries exit its known remaining Hawaii real estate interests, while it keeps Barnwell Hawaiian Properties and Barnwell Kona Corporation until they are wound up. Closing is not guaranteed on that timeline. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Barnwell Industries, Inc.

Barnwell unit agrees to sell Hawaii real estate interests for $1.77 million

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Agreement signed

    “Barnwell unit agrees to sell Hawaii real estate interests for $1.77 million Barnwell Hawaiian Properties and Ka'upulehu Developments agreed on July 31, 2026 to sell a set of Hawaii partner interests and project rights…”

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  2. Published by Barnwell Industries, Inc.

    The source this page is built from.

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  3. Expected close

    “The cash price is $1,770,000, payable at closing, with the closing targeted for on or before Sept. 15, 2026”

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Deal Web

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This dealDavid Johnston / Barnwell Hawaiian Properties, Inc.Agreement signed · Published 4 Aug 2026
BuyerDavid JohnstonTargetBarnwell Hawaiian Properties, Inc.
This dealDavid Johnston / Barnwell Hawaiian Properties, Inc.

Agreement signed · David Johnston / Barnwell Hawaiian Properties, Inc. deal (Agreement signed, published 4 Aug 2026).

Agreement signed 31 Jul 2026
Timeline
  1. Agreement signed
  2. Published by Barnwell Industries, Inc.
  3. Expected close
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