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

KBS Signs Over 14,000 Square Feet in Leases at Tollway North Office Park in Plano, Texas

Press Releases

KBS Signs Over 14,000 Square Feet in Leases at Tollway North Office Park in Plano, Texas

PLANO, Texas (April 16, 2018) – KBS Realty Advisors of Newport Beach, California announced the signing of two leases totaling 14,113 square feet at Tollway North Office Park. Smile Brands Inc., a support services firm that helps dental practices run their businesses, renewed its lease of 12,101 square feet, while CP&Y, a full-service architectural and engineering consulting firm, signed a new lease for 2,012 square feet.

The Tollway North Office Park property consists of seven, Class A, single-story office buildings ranging in size from 29,023 square feet to 64,137 square feet. The buildings have painted textured concrete panels, aluminum-framed storefronts, recessed windows and detailed reveals. The entire property is comprised of 297,591 rentable square feet and covers approximately 27 acres. The property has ample parking space for tenants with 1,400 spaces.

The area around Tollway North Office Park provides various residential options, large retail stores and entertainment. The property also offers tenants easy access to public transportation with various bus stations along Dallas North Tollway.

“KBS is dedicated to supporting our tenants to create lasting relationships,” said Brett Merz, senior vice president at KBS and asset manager for the property. “We are thrilled to welcome CP&Y while maintaining our relationship with Smile Brands of Texas.”

Dan Paterson of Swearingen represented Smile Brands Inc., while Brandon Terrell and Tim Terrell of Stream represented CP&Y and Justin Miller of Transwestern represented KBS in the transactions.

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

© 2022 KBS