Maui Land & Pineapple reports Q1 2026; $11.2M land sales in escrow, new segments

MAUI LAND & PINEAPPLE CO INC

Contracted land sales of $11.2M in escrow; $15.0M in negotiations; $12.0M publicly listed.
New segment structure: Land Development & Sales, Commercial Real Estate Leasing, Land Leasing & Management, Agribusiness Ventures.
Commercial real estate occupancy at 93%; segment revenue flat at $2.0M, NOI $1.2M.
Leased agricultural acres up 33.7% to 6,268 acres; land management expenses rose $1.1M to $1.8M.
Agribusiness Ventures spent $0.3M on blue agave; cumulative investment ~$2.0M.

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