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Press Releases

KBS Extends Technology Focus; Achieves WiredScore Status for Four Class A Office Properties in Texas

  • May 17, 2021
Press Releases

KBS Extends Technology Focus; Achieves WiredScore Status for Four Class A Office Properties in Texas

  • May 17, 2021

KBS, one of the largest investors in premier commercial real estate in the nation, announced that four of its Class A office properties in Texas have achieved WiredScore certification.

City View and Fountainhead Tower are the first two properties in the San Antonio market to achieve WiredScore certification. City View, a 221,373 square-foot office building located at the corner of Interstate 10 and Huebner in northwest San Antonio, was awarded WiredScore Gold, and Fountainhead Tower, 179,932 square-foot office building located directly off IH-10 with quick access to Loop 410 and just minutes from Loop 1604 and the San Antonio International Airport, was awarded WiredScore Silver. The certifications are noteworthy accomplishments in today’s tech-driven office environment, according to Gio Cordoves, Western regional president for KBS.

“KBS understands that connectivity is critical to driving business for today’s office tenants and enabling them to operate efficiently,” says Cordoves. “By offering the first two WiredScore certified properties in San Antonio, KBS continues to lead the market in providing its tenants with outstanding service and amenities.”

Two additional Texas-based KBS office assets – 515 Congress, a 263,058-square-foot office tower located at 515 Congress Avenue in Downtown Austin, and 1800 Bering, a 171,510 square-foot office building located at 1800 Bering Drive in Houston – have each been certified WiredScore Silver. With these new designations, KBS now holds a majority of Wired Certified assets nationwide.

Properties achieve WiredScore certification by meeting WiredScore’s criteria in three categories: connectivity, infrastructure and readiness. WiredScore Gold certification indicates that a property offers access to multiple high-quality internet service providers as well as in-place infrastructure measures that ensure connectivity sources are protected, redundant and prepared for the needs of current and future tenants. WiredScore Silver certification ensures that a building contains business-critical connectivity features. WiredScore Silver testifies that a building can satisfy the vast majority of tenants’ tech needs.

“Superior connectivity has become increasingly important to today’s office tenants over the last couple of years, and will continue post-pandemic as more employees return to the office,” says Brett Merz, asset manager for City View, Fountainhead Tower, 515 Congress and 1800 Bering and senior vice president for KBS. “These four WiredScore certifications exemplify KBS’ ongoing commitment to enhanced connectivity for tenants. By achieving WiredScore status, these four top-quality assets can more effectively meet the needs of today’s companies.”

In addition to the four newly certified Texas properties, KBS owns WiredScore certified assets in Bloomington, Minnesota, the Washington D.C. metro area, New Jersey, Pennsylvania, Texas, and California. Of these buildings, two are certified Platinum, 16 are certified Gold, 17 are certified Silver and one is Certified.

“Top-quality connectivity is an excellent example of the best-in-class amenities KBS consistently delivers to its tenants,” says Arie Barendrecht, CEO & Founder of WiredScore. “The WiredScore certification KBS has achieved at these four Texas properties will enable tenants to remain online and maintain their productivity levels through a seamless online experience.”

The Texas market has been attracting numerous tech companies within the last year thanks to lower housing costs, taxes and decreased regulation, including Google, Samsung, Hewlett-Packard Enterprise, and Dropbox, to name a few.

Please find photos of City View here, Fountainhead Tower here, 515 Congress here, and 1800 Bering here.

Media Contact

Lexi Astfalk or Jenn Quader

Brower Group
(949) 438-6262
KBS@brower-group.com

Ginny Walker

Public Relations Manager for KBS
949-417-6535
gwalker@kbs.com

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Industry Trends

Underwriting the Perceived Instability of Short-Term Office Leases

  • February 16, 2021
The threat of shorter office lease terms has been looming over the commercial real estate industry for several years. Companies first braced for the potential impact of new standards from the International Accounting Standards Board (IASB) recognizing all leases on the balance sheet, which took effect in January 2019. Then, the office leasing world was hit with additional challenges from COVID-19 as many companies opted to work from home and re-evaluated the role of their physical office space.
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Envisioning the Future of the Built Environment

  • January 29, 2021
Amidst the ongoing crisis, built environments are at the front lines of change and will play a huge role in creating a more resilient world going forward. Office architects are re-envisioning the future of the workplace—where and how we work. Unfortunately, there is no crystal ball to predict exactly what the new future-oriented office will look like, but what we do know is flexibility and adaptability will be key in resilient design.
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Why Texas is becoming a commercial real estate powerhouse

  • January 21, 2021
It looks like 2021 will be another big year for Texas, a year when a lot of major companies will make the jump and move to the Lone Star state. Just look at these transitions:
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