{"id":1004698229,"date":"2024-01-19T01:46:21","date_gmt":"2024-01-19T09:46:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004698229"},"modified":"2024-01-19T01:46:24","modified_gmt":"2024-01-19T09:46:24","slug":"kbs-signs-44-ksf-lease-with-wells-fargo","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/kbs-signs-44-ksf-lease-with-wells-fargo\/","title":{"rendered":"KBS Signs 44 KSF Lease With Wells Fargo"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1b62f80520e&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-medium is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004698238\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/kbs-signs-44-ksf-lease-with-wells-fargo\/city_view_highlight_right_02\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/City_View_Highlight_Right_02-e1705578918579.jpg\" data-orig-size=\"2274,1706\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"City_View_Highlight_Right_02\" data-image-description=\"&lt;p&gt;Citi View in San Antonio&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Citi View in San Antonio. Image courtesy of KBS Realty Advisors&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/City_View_Highlight_Right_02-e1705578918579.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" height=\"200\" width=\"300\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/City_View_Highlight_Right_02-e1705578918579.jpg?w=300\" alt=\"City View in San Antonio\" class=\"wp-image-1004698238\" style=\"width:400px\"\/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">City View totals 221,373 square feet. <em>Image courtesy of KBS Realty Advisors<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>KBS Realty Advisors<\/strong> has signed a 44,258-square-foot lease at City View, its 221,373-square-foot Class A office building in San Antonio. <strong>Partners Real Estate<\/strong> represented both the landlord and the new tenant, <strong>Wells Fargo<\/strong>. <strong>Avison Young<\/strong> also assisted on behalf of the tenant. The deal brought the 10-story office asset\u2019s occupancy rate to 96 percent.<\/p>\n\n\n\n<p>KBS Realty Advisors is the owner of the property since 2006, when it purchased the building from seller GE Asset Management in a $31 million deal, according to CommercialEdge. The tenant roster also includes Insperity, The Thompson Law Firm, Foresite Commercial Real Estate, Keller Williams and Express Information Systems, the same source reveals. <\/p>\n\n\n\n<p>The new location will be used by multiple Wells Fargo business groups in 2024, while the bank\u2019s Wealth Investment &amp; Management group is scheduled to move in by the end of 2025, said Wells Fargo\u2019s Advisors Managing Director for South Texas, John McCauley, in a prepared statement.<\/p>\n\n\n\n<p>City View is located at 10999 Interstate 10 West and features 17,889-square-foot floor plates, four passenger elevators, 2,100 square feet of retail space and a five-level parking structure with 877 parking spots. Built in 1986, the mid-rise property sits on 8 acres, at the intersection of Interstate 10 and Huebner Road, 8 miles from San Antonio International Airport, 12 miles from downtown San Antonio and 20 miles from Universal City, Texas.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-significant-deals-in-the-area\">Significant deals in the area<\/h2>\n\n\n\n<p>Partners Real Estate\u2019s Partner Lindsey Tucker negotiated on behalf of the landlord. The company\u2019s Partner Steve Garza, together with Avison Young\u2019s Principal Mark McGranahan represented the tenant.<\/p>\n\n\n\n<p>Recent leasing deals in San Antonio include <a href=\"https:\/\/www.commercialsearch.com\/news\/worth-associates-inks-lease-at-san-antonio-office-campus\/\">Bridgehead IT&#8217;s 15,280-square-foot commitment<\/a> at Brookhollow Business Center, a 185,000-square-foot office campus. The owner of the three-building property is Worth &amp; Associates. One of the <a href=\"https:\/\/www.commercialsearch.com\/news\/spectrum-expands-san-antonio-office-footprint\/\">largest leases in the metro&#8217;s Northeast submarket <\/a>in the last 20 years consisted of Spectrum&#8217;s 87,597-square-foot renewal and expansion at Crosswinds Business Park&#8217;s Building B, owned by Briar Meads Capital. The deal, signed in late 2022, was arranged by Transwestern Real Estate Services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The deal increased the Class A office building&#8217;s occupancy rate to 96 percent.<\/p>\n","protected":false},"author":2991,"featured_media":1004698238,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,21747,1607,51973],"tags":[33022,43841,35334,52018,33277],"class_list":["post-1004698229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-san-antonio","category-southwest","tag-avison-young","tag-kbs","tag-kbs-realty-advisors","tag-partners-real-estate","tag-wells-fargo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KBS Signs 44 KSF Lease With Wells Fargo - 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