KBS Signs 135K SF in Texas Office Leases Spanning Three Months
Migration to Texas has risen dramatically in recent years, along with corporate relocations from other markets, a constant for the last two decades. As a result, KBS has signed more than 135,000 square feet in new leases, renewals, extensions and expansions in the last three months with 19 tenants at five class-A office properties in Texas: Fountainhead Tower and City View in San Antonio which are institutionally owned, Preston Commons and Sterling Plaza in Dallas, and Legacy Town Center I-III in Plano which are owned by KBS Real Estate Investment Trust III.
Kelly Ralston of Transwestern handled the leasing transactions for Fountainhead Tower on behalf of KBS. Lindsey Tucker of CBRE handled leasing transactions for City View on behalf of KBS. Dennis Barnes, Jackie Marshall and Alexandra Cullins of CBRE handled the leasing transactions for Preston Commons, Sterling Plaza and Legacy Town Center I-III on behalf of KBS.
“City View’s extremely advantageous location, with direct access to Interstate 10, close proximity to some of the largest employers and premier residential areas in the San Antonio market, makes it a highly desirable building for many office users in the region,” says Tucker. “KBS’ first-class service with the addition of new building amenities strongly supports new and existing tenants’ decision to lease at City View.”
- ◦Lease