KBS Realty Advisors

555 Washington

KBS Sells South Beach Asset for $38M

CBRE’s Capital Markets and Debt & Structured Finance teams facilitated the transaction and arranged acquisition financing on behalf of buyer Green Oak Real Estate.

KBS Inks, Renews Tenants at WA Industrial Park

Totaling 84,547 square feet, the firm closed three leases at The Park at Woodinville, located 20 miles from Seattle and 15 miles from Bellevue.

Daniel Park, Vice President, KBS

KBS Adds SVP to Midwest Team

Daniel Park, formerly a director of acquisitions with Greenlaw Partners, returned to KBS after an absence of several years. He will be responsible for carrying out investment objectives in several cities in the Midwest.

Chuck Schreiber, KBS CEO

KBS REIT Snares $1B Financing Commitment

BofA, Wells Fargo and U.S. Bank were the joint lead arrangers of the three-year facility, which marks the largest single financing transaction in the company’s history.

625 Mt. Auburn

Davis Cos. Buys 137 KSF MA Office Asset

KBS Realty Advisors sold the 137,000-square-foot property, which is located at 625 Mount Auburn St. in Cambridge, two miles west of Harvard Square and less than one mile from Mt. Auburn Hospital.

JV Acquires 110 KSF Portland Office Building

KBS Realty Advisors and True North Management Group purchased a 109,725-square-foot asset in downtown Portland, Ore. CBRE arranged a $26.8 million, three-year term acquisition loan.

KBS Picks Up South Carolina Office Tower

CBRE’s team of Patrick Gildea, Matt Smith, Justin Parsonnet, Martin Moore and Aaron Dupree worked on behalf of the seller in the transaction. The asset was 98 percent leased at the time of the sale.

Denver Office Building Trades for $37M

Amstar purchased a seven-story, 131,000-square-foot property in the Cherry Creek submarket of Denver. The company is planning to invest nearly $2 million in various upgrades.

BB&T Tower

C&W to Lease, Manage Atlanta Trophy Office Tower

The new owner acquired the property in early May and chose Cushman & Wakefield’s team of experts to spearhead leasing and management efforts.

Manhattan Office Asset Lands $200M Recap

Silverstein Properties has acquired a majority interest of 619 West 54th St.. The company partnered with Taconic, which purchased the Hell’s Kitchen asset five years ago.