Press Releases



KBS Sells 625 Mt. Auburn in Cambridge to The Davis Companies

August 24, 2017

CAMBRIDGE, Mass. (August 24, 2017) – KBS Realty Advisors of Newport Beach, California, announced today the sale of 625 Mt. Auburn, a Class-A office building in Cambridge, Mass. The property was purchased by The Davis Companies.

KBS Strategic Opportunity REIT II Acquires Oakland City Center for $155 Million

August 22, 2017

OAKLAND, Calif. (August 22, 2017) – KBS Strategic Opportunity REIT II, a non-traded real estate investment trust based in Newport Beach, announced today the purchase of Oakland City Center, comprised of 505 14th Street and 1300 Clay Street, for $155 million.

KBS Acquires Main & Gervais in South Carolina

August 3, 2017

COLUMBIA, SC (August 3, 2017) – KBS Realty Advisors of Newport Beach, California announced today the acquisition of Main & Gervais, a Class A office property located at 1221 Main Street in Columbia. The property features 18 stories, a seven-level parking deck and 186,605 rentable square feet.

KBS Real Estate Investment Trust Sells Rivertech in Billerica to Jumbo Capital Management and Boston Andes Capital

August 2, 2017

BILLERICA, Mass. (August 2, 2017) – KBS Real Estate Investment Trust, a non-traded real estate investment trust based in Newport Beach, California, announced today the sale of Rivertech Park in Billerica, Mass. The complex was purchased by Jumbo Capital Management and Boston Andes Capital.

KBS Signs Over 16,800 Square Feet in Leases at Midtown Plaza

July 31, 2017

RALEIGH, N.C. (July 31, 2017) – KBS Realty Advisors of Newport Beach, California announced today the signing of a 16,867-square-foot lease with Troutman Sanders, LLP, an international law firm at Midtown Plaza in Raleigh, North Carolina. Midtown Plaza, a 12-story office tower with 329,214 square feet of rentable space, was completed in March of this year and is approximately 94 percent leased.

KBS Strategic Opportunity REIT Signs Over 32,000 Square Feet in Leases at 353 Sacramento in San Francisco

June 30, 2017

SAN FRANCISCO (June 30, 2017) – KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, California, announced today the signing of 32,359 square feet in leasing deals at 353 Sacramento in San Francisco. Landmark Education, LLC, a company offering seminars and training courses to guide personal development, renewed their leases for a total of 13,760 square feet. Pentaho, an intelligence software company, expanded their lease to a total of 18,599 square feet.

KBS Strategic Opportunity REIT Sells 50 Congress Street for $79 Million

May 19, 2017

BOSTON, Mass. (May 19, 2017) – KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, California, announced today the sale of 50 Congress Street for $79 million.

KBS REIT III to Develop Village Center Station II in a Joint Partnership with Shea Properties

April 6, 2017

GREENWOOD VILLAGE, Colo. (April 6, 2017) – KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust based in Newport Beach, California, and Shea Properties announced the formation of a joint venture partnership for the development of Village Center Station II. Village Center Station II is being developed for Charter Communications, the second largest cable provider in the U.S. Construction of Village Center Station II, which includes over 330,000 square feet of office space commenced in December of 2016 and is 40 percent complete. Village Center Station II will be the final phase of Village Center Station in Greenwood Village, Colorado.

KBS Realty Advisors Signs Over 29,500 Square Feet in Leases at Woodbridge Corporate Plaza in New Jersey

March 29, 2017

ISELIN, N.J. (March 29, 2017) – KBS Realty Advisors of Newport Beach, California, announced today the signing of leases totaling 29,508 square feet at Woodbridge Corporate Plaza in Iselin. Biocon Limited, India’s largest pharmaceutical company, renewed their 4,055 square-foot lease. American apparel and home good stores, TJX Companies and Homegoods Inc., have extended their leases for a total of 8,627 square feet. Financial services companies, Schultheis & Panettieri, LLC, SD Capital Funding Corp and McAdam LLC have signed new leases at the property totaling 9,496 square feet.

KBS Strategic Opportunity REIT Signs 39,241 Square Feet in Leases at Great Hills Plaza in Austin

March 28, 2017

AUSTIN, Texas (March 28, 2017) – KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, California, announced today the signing of 39,241 square feet in leases at Great Hills Plaza in Austin. INTERA Incorporated, a geosciences and engineering consulting firm specializing in environmental, water resources, coastal engineering, radioactive waste management and GIS, signed a new 17,976-square-foot lease. Regus, the world’s largest provider of flexible workspaces, renewed their lease for 21,265 square feet.