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.
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