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 Signs 11,145-Square-Foot Lease at Palo Alto Technology Center

  • May 7, 2018
Press Releases

KBS Signs 11,145-Square-Foot Lease at Palo Alto Technology Center

  • May 7, 2018
PALO ALTO, Calif. (May 7, 2018) – KBS Realty Advisors of Newport Beach, California announced today the renewal of a 11,145-square-foot lease at Palo Alto Technology Center with Accellion, Inc., a private company that provides secure file sharing and collaboration in the private cloud.

Palo Alto Technology Center is a large office/R&D business park comprised of 10 buildings and 259,586 square feet of rentable space. The property includes a café, Caltrain and Marguerite shuttles, an outdoor patio with water features, and allows for easy access to Highway 101. Tenants are also able to enjoy nearby trails for walking, running or biking around Palo Alto Technology Center.

The property is on the same street as the Palo Alto Airport and the newly renovated Palo Alto Municipal Golf Course, which has recently been renamed Baylands Golf Links. Palo Alto Technology Center is also conveniently situated just minutes from downtown Palo Alto and Stanford University, offering favorable access to restaurants, shops and Stanford Hospital & Clinics.

“Within close proximity to financial infrastructure, Palo Alto Technology Center provides an ideal home to companies like Accellion, Inc.,” said Brent Carroll, senior vice president for KBS and asset manager for the property. “We are excited to continue our relationship with a company of their caliber and hope to attract other world-class organizations to the property.”

Newmark Cornish & Carey represented KBS in the transaction.

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