KBS Real Estate Investment Trust III

  • KBS Feeds Bay Area’s Hungry Office Market with Another Purchase

    To take advantage of an increasing interest from financial service and technology-oriented tenants in the San Francisco area, KBS has bought a three-building, Class A office property in Emeryville, Calif.

    West 06 January 2015 14:52
  • KBS REIT III Acquires Salt Lake City Office Tower for $170M

    KBS REIT III has acquired 222 Main, a Class A, LEED Gold office tower in the center of Salt Lake City’s CBD, for $170 million.

    Salt Lake City 04 March 2014 15:05
  • February – Briefs/Sales & Development

    Essex Agrees to Buy BRE for $4.3B; Kite Realty Group Acquires 2.1 MSF Retail Portfolio; MetLife, Norges Bank Kick Off JV with 1.3 MSF Boston Acquisition; Alliance Residential JV Closes $160M Apartment Acquisition; KBS REIT III Completes Largest Acquisition to Date; Pebblebrook Snags 355-Room Radisson in San Fran; Grubb, Rubenstein Team Up on Raleigh-Durham Office Play; ARC NYRR Buys Manhattan Office for $529M.

    National 28 January 2014 08:00
  • KBS REIT III Acquires 500 West Madison and Names Transwestern Exclusive Leasing & Management Agent

    Transwestern recently announced it has been named the exclusive leasing agent and property manager for Citigroup Center. Located at 500 West Madison Street in downtown Chicago, the 1.5 million-square-foot Class A mixed-use tower was purchased by KBS Real Estate Investment Trust III for around $425 million plus closing costs.

    Chicago 20 December 2013 22:10
  • Another Office Tower Trades Hands in San Francisco as Local Market Soars

    As the San Francisco office market becomes one of the healthiest local markets in the entire country, the rush is on for investors to capitalize on the impressive appeal of the San Francisco Bay Area before 2013 draws to a close. We’ve recently reported on the major deals completed in the city for high-profile office assets, and now KBS Real Estate Investment Trust III is adding to an already impressive tally of major real estate transactions completed just weeks before the end of Q4. The public non-traded REIT recently shelled out $121 million for an office building in the city’s South Financial District.

    San Francisco 13 December 2013 21:45
  • KBS REIT III Buys Three-Property Office Portfolio for $269M

    KBS Real Estate Investment Trust III has kicked off summer with its largest purchase of the year. The REIT just completed the $269 million acquisition of a 1 million-square-foot group of three office properties in Dallas and suburban Washington, D.C., known as the National Office Portfolio from CBRE Global Investors.

    Dallas 21 June 2013 14:37

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