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Category: In the News

In the News

Top 5 Markets for Office Transactions

These metros account for more than 40 percent of the nation's total sales volume through August.
In the News

Owner’s Perspective: Recession Speculation Defies Strong Demand for Office Space in Chicago

The fundamentals driving the commercial real estate industry remain positive in many of the top metropolitan markets across the country, including Chicago. We are seeing strong job growth, population growth, and a ramping up of some of corporate America’s top companies.
In the News

In Focus: Rod Richerson on the latest in the office market

Rod Richerson, regional president – Western United States at KBS, discusses the asset acquisition, trends in amenities for tenants, what tenants are looking for in an office space and more.
In the News

Google expanding into Meier & Frank Building in downtown Portland

Google plans to move its downtown Portland office into the historic Meier & Frank Building next year, occupying two floors and making room for further growth.
In the News

Industrious Gives Accenture Tower Another Boost

The delay of WeWork’s IPO has many questioning the flexible workspace business model, but in Downtown Chicago, providers keep expanding, and Industrious is just the latest firm to boost its presence. Company officials said Tuesday it will double its space in Accenture Tower, 500 West Madison St., from roughly 46K SF to more than 93K SF.
In the News

Despite Economic Churn, Real Estate Still Appeals to Investors

The ULI/PWC report details why real estate remains desirable to investors even with some economic uncertainty.
In the News

Dallas Growth Propels Increased Office Development

The Dallas market is a thriving ecosystem of diverse companies, top talent and local culture, all of which are attractive to KBS as an office owner, says Merz in this EXCLUSIVE.
In the News

Industry Spotlight: Q&A with KBS’ Marc DeLuca

KBS is one of the largest owners of premier commercial real estate in the nation. Since inception, KBS-affiliated companies have completed transactional activity of approximately $40 billion via 16 separate accounts and six commingled funds, for government and corporate pension funds.
In the News

KBS Realty Advisors’ Schreiber Delivers Keynote at Connect Orange County

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.
In the News

Chicagoland Commercial Real Estate negotiates three Chicago office leases

Chicagoland Commercial Real Estate, Inc. recently completed three office leases totaling 12,775 square feet within the city of Chicago. Two of the transactions were for space in the Loop and the third was in Chicago’s desirable River North neighborhood.
In the News

CRE Lending Activity Increases in Q2

In the News

Best Practices: Getting Out Of An Investment When The Getting Is Good

The Best Practices series asks CRE leaders around the country about how to best execute a single aspect of their business.
In the News

Palo Alto office market stays hot with big tech campus deal

Palo Alto Technology Center is bought by East Coast investors, upgrades planned
In the News

KBS Sells Raleigh Office High-Rise

The Class A asset last traded in 2013, when a joint venture that also included Kane Realty Corp. shelled out $98.4 million.
In the News

Renovation Coming for Union Bank Plaza

A $20 million overhaul of Downtown’s Union Bank Plaza is scheduled to begin next month. Property owner KBS Real Estate Investments said that the first round of demolition work in the 701,888-square-foot office tower will start on Aug. 18, with completion scheduled for the first quarter of 2020.
In the News

Institutional Insights: Return to Core Values

As market volatility mounts, these investors are shifting their property type and geographic exposures and taking advantage of the latest proptech innovations.
In the News

Managing Up

For years, creative companies looking to relocate or expand in Los Angeles have targeted low-rise campuses and refurbished industrial buildings — particularly in the Westside’s hot office market.
In the News

Boston investor picks up Palo Alto office campus for $205M

Boston investor Longfellow Real Estate Partners is expanding its reach into the Bay Area by snapping up the 259,586-square-foot Palo Alto Technology Center for $205 million, or $790 per square foot.
In the News

Office Spec Suites Are Becoming a Standard

KBS is launching a spec suite program as part of the renovation of its Union Bank Plaza in Downtown Los Angeles.
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