News

CRE Lending Activity Increases in Q2

GlobeSt.com

Best Practices: Getting Out Of An Investment When The Getting Is Good

bisnow.com

Palo Alto office market stays hot with big tech campus deal

San Jose Mercury News

Renovation Coming for Union Bank Plaza

Los Angeles Downtown News

KBS Sells Raleigh Office High-Rise

Commercial Property Executive

Boston investor picks up Palo Alto office campus for $205M

San Francisco Business Times

Managing Up

Los Angeles Business Journal

Institutional Insights: Return to Core Values

cpexecutive.com

Office Spec Suites Are Becoming a Standard

GlobeSt.com

PGA Boulevard office tower sells for $71.8 million

Palm Beach Post

As the Number of Renovation Projects Rises, Older Properties Are Set to Challenge New Office Construction

National Real Estate Investor

KBS REIT II Declares Special Distribution

The DI Wire

Tenants Overwhelmingly Want Offices to Improve Employees' Enjoyment and Comfort

GlobeSt.com

Construction Financing Now Harder to Come By

Multi-Housing News

$1b invested in real estate tech companies | News | Institutional Real Estate, Inc.

Institutional Real Estate, Inc.

Dallas-Fort Worth job growth makes it an attractive area to relocate

OfferPad Blog

Houston economy saw 3rd largest major metro job growth in nation: BLS

Houston Chronicle

Is Seattle Office Market Overbuilt? It Depends On Who You Ask

Bisnow

KBS REIT II Sells Two Properties for a Combined $131.5 Million

The DI Wire

KBS Real Estate Investment Trust II closes two sales | News | Institutional Real Estate, Inc.

Institutional Real Estate, Inc.

HFF sells Pierre Laclede Center in St. Louis market

REJournals.com

Press releases View all

Longfellow Acquires Palo Alto Technology Center from KBS for $205 Million

July 29, 2019

(SILICON VALLEY, CA) -- July 29, 2019 -- Longfellow Real Estate Partners, which invests in life science, lab and innovation space across the U.S., announced today the acquisition of the Palo Alto Technology Center (PATC) from KBS, one of the largest owners of premier commercial real estate in the nation, for $205 million.

KBS Announces the Sale of Financial Center at the Gardens in Palm Beach Gardens, Florida for More Than $71 million

July 23, 2019

PALM BEACH GARDENS, Calif. (July 23, 2019) – KBS, one of the largest owners of commercial real estate, today announced the sale of Financial Center at the Gardens, a Class A office property in West Palm Beach Gardens, Florida. Financial Center at the Gardens is a 10-story office building spanning 188,950 square feet.

Financial Center at the Gardens was purchased for $71.8 million by New York Life Insurance Company, one of the largest life insurers in the world. KBS originally purchased the property in 2015 in a joint venture with a sovereign partner.

KBS REIT III COMPLETES SUCCESSFUL DISPOSITION OF $1.2 BILLION CLASS A OFFICE PORTFOLIO

July 19, 2019

NEWPORT BEACH, Calif. (July 19, 2019) – KBS, one of the largest owners of commercial real estate in the nation, has announced that on July 18, KBS Real Estate Investment Trust III, Inc. (KBS REIT III) sold 11 of its properties for $1.2 billion.

Blog posts View all

What Gen Z Wants in an Office

August 16, 2019, Culture

Generation Z — born between the mid-1990s and the early 2000s — is the generation born after the Millennials; many of the 72.8 million of them have started looking for jobs as of 2015, with increasing numbers every year. They’re the most diverse, best-educated generation in American history — even more so than the Millennials … Read More

We Have A New #1 State for Business

August 9, 2019, Other

We have a new national leader when it comes to doing business: Virginia! According to CNBC’s just-released 2019 report, Virginia topped the long-time leader, Texas, as the nation’s top state for business. From our perspective, KBS has long recognized Virginia’s potential for strong office assets. With six select Virginia office properties in our portfolio (see details on … Read More

Is the Office Market Heading for a Downturn?

August 2, 2019, Office Sector

Solid job growth — as well as consumer spending and business expansion — should keep the office sector in great demand.   Usually it plays like this: recession first, downturn follows. We’re hearing lots of talk in the media about a possible recession in late 2019 or 2020 — it may be a false alarm, … Read More

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Lexi Astfalk or Jenn Quader

Media Contact

949.458.6262

lastfalk@brower-group.com