Mar 08 2016 | Article by: The DI Wire
KBS Real Estate Investment Trust III, a publicly registered non-traded real estate investment trust, signed three leases totaling 36,186 square feet at RBC Plaza in Minneapolis.
Fish & Richardson P.C. expanded its existing lease by an additional 31,595 square feet, Pennington Capital, LLC signed a new 2,360-square-foot lease, and Five Guys Burgers and Fries signed a new 2,231-square-foot lease for a retail location with frontage along Nicollet Mall, the primary dining and shopping district of downtown Minneapolis.
Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.