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

February 22, 2018

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

February 22, 2018

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.

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