KBS Strategic Opportunity REIT Signs 34,500 SF in Leases at Austin Office Building
Sep 22 2016 | by DI Wire
KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, California, signed 34,506 square feet in leases at Great Hills Plaza in Austin. Guaranty Insurance Services, signed a new 8,140-square-foot lease and One Affiniti LLC, a digital marking firm, signed a new 3,729 square-foot-lease. E2open, LLC, a supply chain operating network, renewed and expanded its lease totaling 22,637 square feet.
Great Hills Plaza is a three-story, Class A office building. The REIT originally purchased the property in 2013 as part of a $76 million portfolio comprised of three Austin office buildings. Renovated in 2014, Great Hills Plaza offers a three-story atrium with floor-to-ceiling glass, an on-site car wash and reserved parking.
Best Due Diligence meeting in the industry. No sales pitches, senior level decision makers, meaningful discussions and the Broker Dealer networking sessions were especially useful. Thanks to Blue Vault for raising the bar!