Feb 09 2016 | Article by: The DI Wire
KBS Real Estate Investment Trust III, a publicly registered non-traded REIT, signed two leases totaling 14,817 square feet at 500 West Madison, Chicago’s largest Class A, LEED Gold-certified tower.
TalentSprout by Sykes Enterprises renewed and expanded a 10,425-square-foot lease, and OpenMarkets signed a new 4,392-square-foot lease.
As reported by The DI Wire, the property was originally acquired by the REIT in December 2013 for $425 million.
Recent News
I have been using Blue Vault Partners for the past five years. I have found them to be a valuable, unbiased resource when it comes to evaluating and comparing non-traded REITs. The reports help me analyze which sponsors are doing a responsible job of managing their offerings. This allows me to limit my REIT recommendations to only the most competitive products, and then track those REITs throughout their life cycle.