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.
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 sold Peakview Tower, a nine-story, 264,149 square-foot office tower in Greenwood Village, Colorado, within Denver’s Southeast market to a JV led by Vanderbilt Office Properties for $66 million.
KBS has sold a two-building, 149,103-square-foot class A office campus in Weston, Fla. The property, Weston Corporate Center, was sold to an affiliate of Banyan Street Capital for $52.25 million after KBS completed an extensive series of upgrades to both buildings.
KBS has signed a new 42,290 square-foot lease agreement with SPB Hospitality, a national leading operator and franchisor of full-service dining restaurants, at The Offices at Greenhouse, a five-story, 203,284 square-foot office property in the Energy Corridor of West Houston, Texas. The Offices at Greenhouse is owned by KBS Growth & Income Real Estate Investment Trust.
KBS has signed two leases at Crossroads Distribution Center, a 496,723-square-foot business park located in Charlotte. The leases exceeded 100,000 square feet and brought the property to full occupancy.