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.
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.
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.
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.
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.
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.