KBS Signs Over 11,000-Square-Foot Lease at SouthTech Business Center

April 10, 2018

KBS Signs Over 11,000-Square-Foot Lease at SouthTech Business Center

April 10, 2018

AUSTIN, Texas (April 10, 2018) – KBS Realty Advisors of Newport Beach, California announced today the renewal of a 11,233-squarefoot lease to the Texas Attorney General’s Office.

SouthTech Business Center is comprised of four Class A light
industrial and office/flex buildings. The diverse property offers over 260,000
square feet of rentable space and approximately 20.2 acres with loading docks
in the rear.

The property is located in Southeast Austin, which is
Austin’s third-largest submarket. SouthTech Business Center provides easy
accessibility to transportation networks such as Interstate 35, State Highway
71 and U.S. 290. The property is under eight miles from AustinBergstrom
International Airport and near lodging accommodations, including various
Marriott hotels.

“We are happy to continue such a long-lasting relationship
with an incredible tenant that is an important community fixture,” said
Giovanni Cordoves, senior vice president for KBS and asset manager for the
property. “Their tenure highlights the value of the accessibility and overall
tenant experience that the property provides.”

Ace Schlameus of CBRE represented KBS in the transaction.

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KBS Signs Over 11,000-Square-Foot Lease at SouthTech Business Center