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.
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.
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.
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.
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.
February 14, 2017
DUNWOODY, Ga. (Feb. 14, 2017) – KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, California, announced today the acquisition of Crown Pointe in Dunwoody, a northern suburb of Atlanta, for $83.4 million. Crown Pointe is a Class A, two-building, 499,968-square-foot office property in Atlanta’s Central Perimeter submarket. The office towers are located at 1040 and 1050 Crown Pointe and boast 10 and 17 stories, respectively.
February 9, 2017
FLORHAM PARK, N.J. (Feb. 9, 2017) – KBS Real Estate Investment Trust II (“KBS REIT II”), a non-traded real estate investment trust based, in Newport Beach, California, announced today the signing of 63,969 square feet of leases at Park Avenue at Morris County.
February 3, 2017
ARLINGTON, Va. (Feb. 3, 2017) – KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust based in Newport Beach, California, announced today the signing of a new 10,531-square-foot lease at 3001 Washington Boulevard by Stantec Consulting Services Inc., a global professional design firm specializing in architecture, interior design, planning, engineering, environmental sciences, project management and project economics for buildings and infrastructure.
January 6, 2017
CHICAGO (Jan. 6, 2017) – KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust based in Newport Beach, California, is proud to announce that the engineering team and one of the security team supervisors at the REIT’s 500 West Madison property were recently recognized for their outstanding achievements.
December 7, 2016
NEW YORK (Dec. 7, 2016) — KBS Strategic Opportunity REIT II, a non-traded real estate investment trust based in Newport Beach, California, has announced a joint-venture agreement with Onyx Equities, LLC to redevelop 210 West 31st Street, which is situated directly across from Madison Square Garden. The joint-venture was brokered by David Colen, senior managing director at Newmark Grubb Knight Frank. In 2014, Onyx entered into a ground lease for the 8,637-square-foot land parcel owned by the Province of St. Mary.