Learn How KBS is Creating Safe Work Environments
Learn How KBS is Creating Safe Work Environments
ArtboardCreated with Sketch.
Press Releases

KBS Signs a 32,455-Square-Foot Lease at Triangle Corporate Park III

Press Releases

KBS Signs a 32,455-Square-Foot Lease at Triangle Corporate Park III

TIGARD, Ore., (Feb. 22, 2018) – KBS Realty Advisors of Newport Beach, California, announced today the renewal of 32,455 square feet worth of leases to Precoa, Inc. at Triangle Corporate Park III in Tigard, Oregon. Precoa offers advanced planning services through funeral insurance and preneed marketing savvy.

Triangle Corporate Park III is a five-story, Class A office building comprised of 127,504 rentable square feet. Amenities at the property include ample parking, a private basketball court, showers, a café and loading docks.

The property is conveniently located within the Tigard Triangle, providing access to Interstate 5 and Highway 217. The area around the property also provides tenants with restaurant and retail amenities along Hwy 99 and in the Kruse Way neighborhood.

“We are proud to continue our lasting relationship with a stellar tenant like Precoa,” said Clint Copulos, senior vice president at KBS and asset manager for the property. “This relationship speaks to the footing our tenants have made in the market, as well as the support and amenities they receive at the property.”

Matthew Ryer of JLL represented Precoa, Inc. and Trevor Kafoury of CBRE, Inc. represented KBS in the deal.

Triangle Corporate Park III is a five-story, Class A office building comprised of 127,504 rentable square feet. Amenities at the property include ample parking, a private basketball court, showers, a café and loading docks.

The property is conveniently located within the Tigard Triangle, providing access to Interstate 5 and Highway 217. The area around the property also provides tenants with restaurant and retail amenities along Hwy 99 and in the Kruse Way neighborhood.

“We are proud to continue our lasting relationship with a stellar tenant like Precoa,” said Clint Copulos, senior vice president at KBS and asset manager for the property. “This relationship speaks to the footing our tenants have made in the market, as well as the support and amenities they receive at the property.”

Matthew Ryer of JLL represented Precoa, Inc. and Trevor Kafoury of CBRE, Inc. represented KBS in the deal.

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

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

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

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

© 2021 KBS