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Category: In the News

In the News

Leases at Towers Emeryville Exemplify Office Ramp-Up

  • May 5, 2021
In a sign that the Bay Area is inching its way into normalcy, KBS recently signed 40,504 square feet in leases with two tenants at The Towers Emeryville, an 816,090-square-foot class-A office park in Emeryville. The Towers Emeryville is owned by KBS Real Estate investment Trust III.
In the News

The Power of a Balanced Portfolio: Q&A

  • April 7, 2021
KBS Executive Vice President Robert Durand on how the company is evaluating investment opportunities and financing options in today’s economy.
In the News

Best Places To Work

  • April 5, 2021
The office. Many of us haven’t been there in a year. Some of us have returned intermittently, fully suited up in a mask and sporting hand sanitizer. Now, a few of us are starting to trickle back—a trickle that will turn into a steady flow as COVID-19 vaccinations gain momentum.
In the News

Southeast Office Market Comes Back to Life

  • April 5, 2021
The Sunbelt states have shown resilience across multiple assets classes during the pandemic, including the beleaguered office category.
In the News

Best Bosses 2021

  • April 5, 2021
Here are our picks for Best Bosses in 2021.
In the News

The Meier & Frank Building: A New Life for an Old Department Store

  • March 29, 2021
An adaptive reuse project revitalizes an iconic retail tower in Portland, Oregon.
In the News

The current and coming era of intelligent buildings

  • March 29, 2021
Let’s start with a simple analogy: the automobile was always a fairly sophisticated piece of machinery, with an engine made more powerful and efficient over the years. But it wasn’t until automakers started packing their vehicles with sensors and computer chips that they became truly intelligent and offered drivers an array of capabilities.
In the News

KBS Completes Renovation of 522,043 SF Legacy Town Center Office Complex in Plano

  • March 26, 2021
California-based KBS has completed the renovation of Legacy Town Center, a three-building, 522,043-square-foot office complex in Plano. The property was developed in phases between 2001 and 2006 and offers amenities such as a fitness center, conference center, bike sharing program, car wash and a wellness room. KBS renovated the leasing office, conference center and locker rooms and added two new spec suites as part of the capital improvement program.
In the News

Back to the office: Just what will that look like?

  • March 12, 2021
COVID-19 vaccinations are increasing in the United States, with the country now administering more than 2 million doses a day on average. This is leading to hope that the country can slowly start a return to normal this spring and summer. And part of that process? For many, it will mean a return to the office after more than a year of working from home.
In the News

First Look: Investors Unveil Luxury Apartment Tower in Dallas’ Knox-Henderson Neighborhood

  • March 9, 2021
The project marks the first DFW multifamily development for office asset manager KBS Commercial Real Estate.
In the News

KBS: “Office Buildings Are Not Going Away”

  • February 22, 2021
The major office owner is confident that well-amenitized office properties will be in high demand in 2021 and beyond.
In the News

New KBS Leases Top 2M SF During the COVID Period

  • February 19, 2021
KBS signed slightly more than 2 million square feet in accumulative lease transactions during the COVID-19 pandemic. The transactions comprise a mix of new leases, renewals and expansions, and span across the firm’s $8-billion portfolio of office assets.
In the News

Q&A: Top trends in U.S. office markets

  • February 19, 2021
Chuck Schreiber is the co-founder and CEO at KBS, a private equity real estate company and an SEC-registered investment adviser. In a Q&A with IREI, Schreiber discusses trends in the sector, how the pandemic has influenced those trends, and some of the long-term impacts of the pandemic on office assets.
In the News

Dealmaker: KBS Completes $527M in Refinancing

  • February 16, 2021
KBS, Newport Beach, Calif., completed three refinances totaling $527 million for assets in Chicago, San Jose and Charlotte, N.C.
In the News

Office Has Plenty of Liquidity, for the Right Deals

  • February 10, 2021
The capital markets are willing to lend on office transactions that meet the right formula.
In the News

This Week’s Chicago Deal Sheet

  • February 2, 2021
Bridge Development Partners acquired two properties near O’Hare International Airport at 9513 River St. and 9555 Irving Park Road in Schiller Park. It plans to demolish the existing structures and replace each with a small Class-A industrial facility.
In the News

Union Bank Plaza, a modernist Downtown L.A. landmark, undergoes $20 million renovation

  • November 24, 2020
The first phase in the historic preservation-minded rehabbing of Union Bank Plaza (UBP) in Downtown Los Angeles has wrapped up.
In the News

Top 20 Commercial Property Owners of 2020

  • November 24, 2020
After setting up work-from-home policies when COVID-19 hit, many companies have been cautious about returning to the office as government mandates are lifted. Despite this hesitancy, the desire to go back to the workplace is strong.
In the News

Accenture innovation center seeks ‘to solve the world’s biggest problems in the food chain’: From feeding 10 billion to automating cocktails

  • November 20, 2020
Accenture on Wednesday launched a food-focused innovation center that aims to tackle the panoply of challenges confronting the world’s food system, from reducing food waste to perfecting curbside pickup.
In the News

Why Dallas May Have A Competitive Advantage in the Office Market Recovery

  • November 17, 2020
As this unprecedented year hits the midpoint of the fourth quarter and office investors consider their options, one market in Texas stands out: Dallas. This market has historically shown strong resiliency and continues to do so throughout the pandemic.
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