Category: In the News

Category: In the News

KBS has signed five new office leases totaling 56,520 square feet with global and regional tenants at Park Place Village, a 10-building, 484,002 square-foot Class A office and retail property in Leawood, KS, within the Kansas City metro area. Park Place Village is owned by KBS Real Estate Investment Trust III.
The revamp of the mixed-use tower will include indoor and outdoor amenities, as well as the addition of 90,000 square feet of spec office suite space.
After selling off its final local asset in 2020, Newport Beach-based KBS is considering reentering the Orange County market via strategic office investment opportunities.
California-based development and investment firm KBS has completed the renovation of 1000 Continental, a 205,424-square-foot office building located in the northern Philadelphia suburb of King of Prussia.
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.
Now, more than ever, landlords are implementing new policies surrounding sustainability and equality to heighten tenant demand and improve property performance. As companies evolve to implement stronger environmental, social and governance (ESG) principles into everyday company functions, commercial real estate investment company KBS is also expanding into these areas.
In separate deals, KBS has closed on the sale of two office buildings which were part of the KBS Real Estate Investment Trust II portfolio.
Gio Cordoves, regional president, Western U.S. at KBS Realty Advisors, discusses if companies are returning to office buildings and at what scale, what is bringing companies back to office buildings, what office operators have done to facilitate a speedy return and more.
A standing-room crowd of nearly 500 commercial real estate leaders gathered yesterday at The Resort at Pelican Hill in Newport Coast for the annual Connect Orange County conference. The afternoon featured a keynote address by KBS Realty Advisors Chuck Schreiber, as well as three deep-dive panel discussions.
The board of KBS Real Estate Investment Trust II Inc., a publicly registered non-traded real estate investment trust, has declared a $0.45 per share special distribution to stockholders of record as of the close of business on June 17, 2019.
In separate deals, KBS has closed on the sale of two office buildings which were part of the KBS Real Estate Investment Trust II portfolio.
KBS Real Estate Investment Trust II, a publicly registered non-traded real estate investment trust, has sold two Class A office properties, Emerald View at Vista Center and the Pierre Laclede Center, for a combined $131.5 million.
California-based real estate agency KBS Capital Markets has closed two leases at its Offices at Greenhouse in Houston, Texas. The firm successfully renewed the property’s second-largest tenant, J. Connor Consulting, in the second quarter of 2021, according to a press release on its recent portfolio update meeting.
KBS has signed 49,135 square feet of lease agreements with three global and national tenants at Carillon, a 24-story, 488,277 square-foot trophy office building located in Charlotte, NC.
Senior Vice President Brett Merz discusses demand across the company’s portfolio and his reasons for market optimism.
Lingerfelt CommonWealth Partners has acquired the two-building campus in neighboring Clayton, Mo., the seat of St. Louis County.
Bridge Investment Group Grows DC Portfolio With Purchase of Willow Oaks Corporate Center
JLL represented the company in the transaction and helped secure acquisition financing.
KBS has sold Hardware Apartments, a 463,956-square-foot, class A luxury resort-style apartment community in Salt Lake City.
KBS Real Estate Investment Trust II (KBS REIT II) has sold an office campus in Florham Park, New Jersey for $311 million in the largest New Jersey suburban, multitenant office sale since 2008.

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