GREENWOOD VILLAGE, Colo. (Dec. 20, 2018) – KBS, based in Newport Beach, California, announced today the complete acquisition of Village Center Station II (VCSII). KBS previously owned 75% of VCS II and purchased the remaining 25% from Shea Properties. Additionally, Charter Communications, the second largest cable operator in the U.S., providing service to over 25 million customers in the U.S., signed a direct lease for 94,300 square feet at Village Center Station I (VCS I) and leases 100% of VCS II. The properties are owned by KBS Real Estate Investment Trust III.