Skip to content
Learn How KBS is Creating Safe Work Environments
kbs logo
  • Investors
    • KBS Capital Markets Group
  • Properties
  • News & Insights
  • About Us
  • Contact

    Our Offices

    Corporate Headquarters

    800 Newport Center Drive, Suite 700
    Newport Beach, CA 92660

    (949) 417-6500

    info@kbs.com

    Washington DC Office

    3003 Washington Boulevard, Suite 950
    Arlington, VA 22201

    (202) 822-1230

    Facebook-f Twitter Linkedin-in Instagram
    Corporate Headquarters
    800 Newport Center Dr., Suite 700 Newport Beach, CA 92660
    info@kbs.com
    (949) 417-6500
    New York Office
    590 Madison Avenue, 26th Floor New York, NY 10022
    (212) 644-6662
    Washington, DC Office
    3003 Washington Boulevard, Suite 950, Arlington, VA 22201
    (202) 822-1230
    Contact Us
    KBS is an SEC-registered full-service investment adviser adept in various property and product types.
Learn How KBS is Creating Safe Work Environments
kbs logo
ArtboardCreated with Sketch.
Press Releases

KBS REIT III Signs 10,235-Square-Foot Lease at 3001 Washington Boulevard in Arlington

  • January 16, 2018
Press Releases

KBS REIT III Signs 10,235-Square-Foot Lease at 3001 Washington Boulevard in Arlington

  • January 16, 2018
ARLINGTON, Va. (Jan. 16, 2018) – KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust based in Newport Beach, California, announced today the signing of a new 10,235-square-foot lease at 3001 Washington Boulevard by Compass, a real estate technology company that offers an end-to-end platform designed to help real estate agents run and grow their businesses.

3001 Washington Boulevard is an eight-story building containing 94,837 rentable square feet in the Washington, D.C., metropolitan area. This Class-A building is LEED Goldcertified for its environmental performance and sustainable design. The building shares a parking garage, courtyard and fitness center with 3003 Washington Boulevard, another KBS property located adjacent to 3001 Washington. Additional onsite amenities include a shared rooftop terrace at the 3003 building as well as two private exterior balconies.

The property is conveniently located on Washington Boulevard just south of highly travelled Wilson and Clarendon Boulevards in Arlington, VA, with close access to Route 50. The property is less than a five-minute walk to the Clarendon Metro Station and is central to various bus stations providing tenants with access to local transportation. In addition, the area around the property has over 45 restaurants, bars and coffee shops within walking distance.

“We are looking forward to welcoming Compass’ staff to 3001 Washington Boulevard,” said Stephen Close, senior vice president at KBS. “The complex in which the property is located provides a great live-work environment, helping to support retention for existing as well as prospective future tenants.”

Kyle Luby of Stream Realty represented Compass while Stephen Hoffeditz, Edwin Clark and Wesley Evans of Newmark Knight Frank represented KBS in the deal.

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to KBS REIT III’s ability to invest in and manage a diverse portfolio, and the performance of 3001 Washington Boulevard and of the Arlington real estate market. These statements are subject to known and unknown risks, uncertainties and other factors which may cause KBS REIT III’s and/or 3001 Washington Boulevard’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Media Contact

Ginny Walker

KBS PR Manager
949-417-6535
gwalker@kbs.com

More Articles

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.
Industry Trends Insights

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.
Industry Trends

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:
See All
Our Company
  • Investors
  • Properties
  • News & Insights
  • About KBS
Resources
  • Premier Office Magazine
Get in Touch
Facebook-f Twitter Linkedin-in Instagram
  • Careers

© 2023 KBS

  • Terms & Conditions
  • Privacy Policy
  • Home
Investors
  • KBS Capital Markets Group
  • Properties
  • News & Insights
  • About Us
Contact Us
  • Corporate Headquarters
  • New York Office
  • Washington, DC Office