Jeff Arce | PartnerEric Tema | PartnerIan MacNaughton | PartnerTodd Hedrick | Director, Leasing and Property Management
![[photo]](images/th_duncanmacnaughton.jpg "Duncan MacNaughton")
Duncan MacNaughton is founding partner and Chairman of The MacNaughton Group. In recent years, he has focused on the development of retail properties. Between 1989 and 1997, he either owned or developed for his own account in excess of 1,800,000 s.f. of GLA in the state of Hawaii, including the development of Waikele Center (725,000 s.f. of GLA), Hawaii's premier value center, in partnership with Richard W. Gushman II, and the development of Maui Marketplace (over 300,000 s.f. of GLA), a value-oriented center in Kahului, Maui.
Mr. MacNaughton began his real estate development career in 1967 when he joined the Dillingham Corporation's property development department. During his three years at Dillingham, he assisted in numerous residential condominium projects, as well as the management of Ala Moana Shopping Center and several smaller retail centers on Oahu. In 1970, he joined the McCormack Corporation, where he was responsible for numerous residential developments on Oahu and the neighbor islands.
In 1975, he joined forces with Richard W. Gushman II to form their own real estate firm, Gushman MacNaughton. For the next ten years, they worked on a variety of real estate and investment projects. They opened separate offices in 1985 and continue to own and invest in projects jointly.
In 1993, the Hawaii Chapter of the International Council of Shopping Centers honored Duncan MacNaughton as the "Shopping Center Developer of the Year." In 1995, the Financial Executives International, Hawaii Chapter, recognized Waikele Center and developers Dick Gushman and Duncan MacNaughton as the "Deal of the Year." In 2002, the Hawaii Chapter of the National Association of Industrial and Office Properties presented Duncan MacNaughton with the "Kukulu Hale Lifetime Achievement" award.
Mr. MacNaughton was born in Portland, Oregon in 1944. In 1938, the MacNaughton family moved to Hawaii, at which time Duncan MacNaughton's father, Boyd MacNaughton, assumed the Presidency of Dole Pineapple. In 1956, his father assumed the Presidency of C. Brewer and Company, one of Hawaii's premier sugar companies.
Duncan MacNaughton attended Punahou School, Hawaii Preparatory Academy, and Colorado College. He serves on the Board of Trustees of Hawaii Preparatory Academy, Punahou School, La Pietra School for Girls, and The Nature Conservancy of Hawaii. He also serves on the Board of several for-profit companies.