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California REIT Signs 16K SF Lease at Park Center

March 11, 2016

Xplore Technologies at Park Center leased 16,228 square feet of office space to KBS Strategic Opportunity REIT.

March 9, 2006 | by Anca Gagiuc | Commercial Property Executive

 

Austin, Texas—The non-traded real estate investment trust KBS Strategic Opportunity REIT of Newport Beach, Calif., announced signing a 16,228-square-foot lease with Xplore Technologies at Park Center.

Mike Brown and Brandon Lester of Transwestern represented KBS Strategic Opportunity REIT, while Art Leichner of Jackson & Cooksey represented Xplore Technologies in the transaction.

Park Center is an office complex that sits on 32.4 acres along the Loop 360 Corridor of Texas, consisting of three buildings with 203,193 total rentable square feet. Its campus setting is surrounded by the Barton Creek Canyonlands Preserve with foot bridges, a creek and a waterfall.

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Ramón A. Rivera-Ramos
Blue Vault Nontraded REIT and Nontraded BDC Reviews
September 1, 2016

Blue Vault helps me to stay well informed on the financial status of both open and closed nontraded REITs and BDCs, so that I can help my clients better understand the product, before they make the decision to invest and after.