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Panda Express' billionaire owners to develop shopping complex on Oahu


Business Journal
27 Sep 2016

The owners of Panda Express plan to build a new shopping complex near a Walmart store in Kapolei in West Oahu, Pacific Business News has learned.

Last year, Walmart sold a 2-acre parcel near its store to CFT Developments LLC for $5.75 million, as first reported by PBN. Andrew and Peggy Cherng, the husband-and-wife founders of Panda Express, are listed as the managers of the CFT Developments.

The new shopping complex would include a Panda Express restaurant as well as other retail and restaurant...

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