Category: Press Releases

Category: Press Releases

Planned upgrades include leading-edge indoor and outdoor amenities, as well as 90,000 square feet of innovative spec suite space.
DALLAS (Jan. 24, 2018) – KBS Realty Advisors of Newport Beach, California announced today a joint venture investment with Southern Land Company (SLC) for the development of a Class-A multi-family apartment tower in Dallas, Texas. Construction on the project commenced Jan. 2.
  • Lease transactions include five new leases and one lease expansion, covering two spec suites and a ground-floor café concept new to the Dallas market
  • Leases demonstrate office users’ robust appetite for high-quality space in key growth markets despite the pandemic
SAN JOSE, Calif. (June 25, 2018) KBS Real Estate Investment Trust II (“KBS REIT II”), a nontraded real estate investment trust based in Newport Beach, California, announced today the third sale at Corporate Technology Centre, an eight building office park. Three properties – the AT&T building at 400 Holger, 450 Holger and 475 Holger – have been sold. KBS is focused on renovating the remaining five buildings, which KBS intends to rebrand as District | 237.
Numerous interior and exterior renovations were performed at the building including 90,000 square feet of new and progressive spec suite space.
Transactions represent lenders confidence in high-caliber real estate assets located in prime markets throughout the country despite the pandemic
Improvements activate street-level space for pedestrians and provide a new slate of indoor/outdoor tenant amenities at the property
Hospitality-inspired project respresents the firm’s ability to identify and develop first-in-class opportunities, adding to its robust Dallas/Forth Worth holdings
NEWPORT BEACH, Calif., Oct. 23, 2017 — KBS, one of the nation’s largest and most respected commercial real estate companies and ranked by National Real Estate Investor as the 11th largest commercial real estate company in the United States as of April 20, 2017, today debuted its direct-access online platform – KBSDirect.com – for accredited investors and advisors to invest in KBS Growth & Income REIT, a professionally managed portfolio of institutional-quality commercial real estate properties, with no load or upfront fees to investors. To date, the REIT already has three equity properties valued at approximately $150.4 million.
Ground-up project delivers best-in-class amenities in the Salt Lake City market; KBS partnered with local developer, SALT Development for ground-up construction.
The firm has won two esteemed awards – “Best Place to Work” and “Best Boss” – demonstrating KBS’ ongoing commitment to a positive and supportive work environment.
Verifications demonstrate the firm’s dedication to addressing health and wellness at its properties, expanding upon the company’s initiatives for sustainable office buildings
KBS continues its commitment to DTLA by adding state-of-the-art amenities and features that will help this iconic part of the skyline “be seen in a new light”
The activity reinforces the consistent performance of high-quality, well-amenitized office properties in strong locations across the U.S.
NEWPORT BEACH, Calif. (April 10, 2018) – KBS Growth & Income Real Estate Investment Trust (the “Company” or “KBS Growth & Income REIT”), sponsored by KBS in Newport Beach, California, has announced that its Board of Directors has approved an increase to its dividend. The new daily distribution rate of $0.00144493 per share is payable to stockholders of record each day commencing May 1, 2018 through May 31, 2018. This daily amount would equal a 6.0% annualized rate based on the December 8, 2017 estimated value per share of $8.79 if paid each day for a 365-day period. The Company is currently paying a 5.5% annualized dividend.

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