KBS
Industrious Expands Presence in Chicago CBD
The flexible workspace provider will occupy more than 93,000 square feet of space in Accenture Tower, the 40-story high-rise owned by KBS.
Deka Group Enters Portland With $48M Buy
The German financial company broke into the local office market with its purchase of a Class A building in the city’s central business district.
Longfellow Stretches Footprint With $205M Bay Area Buy
The investor’s latest deal increases its holdings to 4.7 million square feet nationwide. KBS, the seller, continues its streak of high-octane dispositions.
KBS Sells Raleigh Office High-Rise
The Class A asset last traded in 2013, when a joint venture that also included Kane Realty Corp. shelled out $98.4 million.
Institutional Insights: Return to Core Values
As market volatility mounts, these investors are shifting their property type and geographic exposures and taking advantage of the latest proptech innovations.
KBS Sells South Florida Office Asset for $72M
Financial Center at the Gardens, a 10-story Class A building, is reportedly almost fully occupied. The asset last traded in 2015.
KBS Unit Sells $1.2B Office Portfolio
The sale of 11 Class A properties still leaves KBS Real Estate Investment Trust III Inc. with 20 assets valued at more than $3 billion.
Accenture is New Anchor at Chicago Trophy Tower
The professional services company is more than doubling its footprint at 500 West Madison, which is being rebranded Accenture Tower.
Armada Hoffler to Buy Baltimore Asset for $101M
The REIT will acquire Thames Street Wharf, a trophy office tower along the waterfront in the city’s popular Harbor Point development, from KBS.
KBS Sells 580 KSF St. Louis Office Property
Lingerfelt CommonWealth Partners has acquired the two-building campus in neighboring Clayton, Mo., the seat of St. Louis County.