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 a 20,000-Square-Foot Lease Expansion at Towers at Emeryville

  • September 13, 2018
Press Releases

KBS Signs a 20,000-Square-Foot Lease Expansion at Towers at Emeryville

  • September 13, 2018
EMERYVILLE, Calif. (Sept. 13, 2018) – KBS, based in Newport Beach, California, announced today the signing of a lease expansion at the Towers at Emeryville in Emeryville, California. The existing tenant, BeiGene USA, Inc., a wholly-owned subsidiary of BeiGene, Ltd., a commercial-stage biopharmaceutical company focused on developing and commercializing molecularly-targeted and immuno-oncology drugs for the treatment of cancer, expanded its lease to 21,221 square feet. The property is part of the KBS Real Estate Investment Trust III portfolio.

Towers at Emeryville is a three-building, Class-A office park situated on the Emeryville shoreline. The 815,018-square-foot property provides panoramic views of the San Francisco Bay and skyline and the Golden Gate Bridge from essentially every floor. Tenants have access to the office park’s on-site amenities, including a bakery, full-service bank, outdoor patio, sport courts, fitness center with locker rooms and more.

Located at 1900, 2000 and 2200 Powell Street, Towers at Emeryville’s central location is just 15 minutes away from downtown San Francisco. Tenants at the property are in close proximity to numerous shopping and dining options at the nearby Powell Street Plaza Shopping Center. The office park is also easily accessible by various forms of transit including Amtrak, AC Transit, Bay Area Rapid Transit and Interstates 80, 580 and 880.

“Towers at Emeryville is a key property of the KBS Real Estate Investment Trust III portfolio, thanks to its beautiful location and high-class amenities,” said Brent Carroll, senior vice president for KBS and asset manager for the property. “We hope the property and atmosphere will enable BeiGene to generate valuable contributions to oncology research.”

Cale Miller of Cushman & Wakefield represented BeiGene USA and Ryan Hattersley, Daniel Bisabri and Elisa Konik of Cushman & Wakefield represented KBS Real Estate Investment Trust III in the transaction.

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 Towers at Emeryville and of the Emeryville 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 Tower at Emeryville’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