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KBS Completes the First Phase Development of 310-Unit Luxury Multifamily Community in Dallas, Texas


KBS Completes the First Phase Development of 310-Unit Luxury Multifamily Community in Dallas, Texas
By
Staff
1 month ago
Hospitality-inspired project represents the firm’s ability to identify and develop first-in-class opportunities, adding to its robust Dallas/Forth Worth holdings
DALLAS–(BUSINESS WIRE)–KBS, one of the largest investors in premier commercial real estate in the nation, in a joint venture with the Southern Land Company, announced today the completion of the first phase of a ground-up development: Novē at Knox, a 309-unit Class A luxury multifamily complex in the Knox/Henderson district near Downtown Dallas, Texas. The final completion is expected in March 2021. ....

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KBS Sells 333,014 Square-Foot Class A Office Property in Phoenix, Arizona for $103.5 Million After Completing Extensive Improvement Program


Press release content from Business Wire. The AP news staff was not involved in its creation.
KBS Sells 333,014 Square-Foot Class A Office Property in Phoenix, Arizona for $103.5 Million After Completing Extensive Improvement Program
January 19, 2021 GMT
KBS Sells Anchor Centre in Phoenix (Photo: Business Wire)
PHOENIX (BUSINESS WIRE) Jan 19, 2021
KBS, one of the largest investors in premier commercial real estate in the nation, announced today that it has sold a 333,014 square-foot Class A office property in Phoenix, Arizona. The property, Anchor Centre, was sold to TerraCap for $103.5 million after KBS completed an extensive improvement program on the asset. Anchor Centre was owned by KBS REIT III. ....

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KBS Completes an $11 Million Renovation to an Iconic 31-Story Office Tower in Downtown Denver, Colorado


Press release content from Business Wire. The AP news staff was not involved in its creation.
KBS Completes an $11 Million Renovation to an Iconic 31-Story Office Tower in Downtown Denver, Colorado
January 14, 2021 GMT
KBS Granite Tower (Photo: Business Wire)
DENVER (BUSINESS WIRE) Jan 14, 2021
KBS, one of the largest investors in premier commercial real estate in the nation, announced that it has completed a series of renovations to Granite Tower, a 31-story Class A office building in Downtown Denver, Colorado. Granite Tower is owned by KBS REIT II.
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KBS’ Granite Tower (Photo: Business Wire)
The improvements serve to activate the building’s street-level space to invite interaction with Downtown Denver’s local community, in addition to providing a full slate of new indoor/outdoor amenities to enhance tenant’s experience at the property in preparation for a post-pandemic environment, according to Giovanni (Gio) Cordoves, Wester ....

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KBS Sells 96,502-Square-Foot Building at an Eight-Building, Class A Office Complex in San Jose, California, for $50.5M


Press release content from Business Wire. The AP news staff was not involved in its creation.
KBS Sells 96,502-Square-Foot Building at an Eight-Building, Class A Office Complex in San Jose, California, for $50.5M
December 28, 2020 GMT
KBS Sells 350 Holger Way at District 237 (Photo: Business Wire)
SAN JOSE, Calif. (BUSINESS WIRE) Dec 28, 2020
KBS, one of the largest investors in premier commercial real estate in the nation, announced today that it has sold a 96,502-square-foot building at District 237, an eight-building, 415,492-square-foot, Class A office/R&D complex in San Jose, California. The building at 350 Holger Way, owned by KBS Real Estate Investment Trust II, was sold to Thor Equities for $50.5 million. ....

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