KBS

As we prepare for 2025, the commercial real estate (#CRE) office sector is navigating an inflection point on the cusp of stabilization and recovery. KBS focuses on #tenantsatisfaction, #sustainability, and #innovation. In an effort to minimize vacancy and increase tenant loyalty in a competitive market. By leveraging data, KBS enhances tenant experience through open communication and tailored solutions.   As part of its tenant engagement approach, KBS consistently conducts tenant satisfaction and feedback surveys to better understand each tenant’s unique needs, address issues, and determine future improvements. Recently, 31 KBS properties were awarded the Tenant Satisfaction Kingsley Excellence Award. This award recognizes properties that outperform the Kingsley Index industry benchmark for tenant satisfaction. To name a few, here are the top five highest performing properties in overall satisfaction: Ten Almaden; 3811 Turtle Creek; Main & Gervais; 3003 Washington Blvd.; and The Almaden. In this week’s blog article, we highlight the importance of forward-thinking strategies, as firms redefine success in an evolving CRE landscape. Find out more here: https://lnkd.in/gPmyMEcH Grace Hill #CommercialRealEstate #Office #Amenities #Tenants  

KBS’ commitment to sustainability recognized by the Global Real Estate Sustainability Benchmark GRESB Real Estate Assessment for 2024! 🍃🌍🏆 KBS REIT III achieved three Green Star designations, up from two stars in 2023. A three-star rating places KBS REIT III in the top-60% of all 2,223 real estate entities that participated worldwide. This recognition reflects our ongoing commitment to #ESG transparency, environmental stewardship, and sustainable building practices across our portfolio of clients. With a goal to reduce 5% greenhouse gas emissions at REIT III properties by 2025, we’re on track to make a lasting impact. “In 2023, KBS dedicated time to improving and refining the way that it collects ESG data. We successfully integrated a new ESG data management platform, to monitor energy and water use, emissions, technical audits, building certifications, regulatory compliance and other relevant building projects at each of our KBS REIT III properties,” says Apaulo Malloy, ESG Manager at KBS. To learn more about KBS’ sustainability goals please visit: https://kbs.com/impact/. To learn more about the GRESB Green Star designation, please visit: https://lnkd.in/gJqk5ucP. Thank you to the incredible KBS Green Team for driving our vision forward. #CommercialRealEstate #Office #GreenTeam #GreenStar #ESGLeadership

Cheers to a merry morning at 60 South Sixth!🌟 This morning’s Holiday Breakfast was a hit! We indulged in delicious crepes, sipped on fresh coffee, built our own creations at the parfait bar, and added a little sparkle with mimosas🥂 Thank you to everyone who joined us for some festive fun and good cheer! Nothing beats starting the day with great food and even better company. We love celebrating this season together! ❄️ #HappyHolidays #TenantExperience #60southsixth #Transwestern #KBS #downtownminneapolis #minneapolis #MPLS

North Carolina – is known as a key business hub for several professional industries including #financialservices, #healthcare, #technology, #energy, #manufacturing and #logistics, #realestate and #construction. The office market, particularly in the cities of #Charlotte and #Raleigh is home to many of these industries that help drive demand for office space. Both cities offer a favorable business environment, a skilled workforce, and a high quality of life, making them attractive destinations for companies seeking office space. For example, KBS’ Carillon, a trophy-quality office tower in uptown Charlotte, that offers high-end amenities that help attract and retain employees. And in #MidtownRaleigh, KBS’ Bank of America Tower is an 18-story Class-A mixed-used office building that offers a unique combination of live, work, shop, play, and stay. Find out more about North Carolina’s office market and why the state sits only third behind Texas and Florida for growth in this week’s blog. Read the full article below: https://lnkd.in/gshKiVQX #CommercialRealEstate #OfficeMarket #Amenities #Tenants #NorthCarolina

KBS is honored to share that over 31,000 SF of #officespace was recently #leased to three tenants at our #SanJose property, Ten Almaden. Berliner Cohen, LLP, a full-service business law firm, renewed their current lease and we were able to accommodate their more than 5,000 SF expansion inside the building. Kimley-Horn, one of the nation's premier engineering, planning, and design consultants, and Grant Thornton US, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, continued their commitment to the building by renewing their leases. Bob Simpson and the Cushman & Wakefield team assisted KBS in executing the leases. We’re proud that our tenants continue to enjoy all of the amenities that Ten Almaden offers. Find out more by visiting: https://lnkd.in/g-8vdXtP. #CommercialRealEstate #Office #Tenants #Leases #California

Today is #GivingTuesday, a global movement to inspire generosity and create positive change.   According to CNN, “More than a quarter of North American bumblebees are at risk of extinction with both bees and butterflies declining by a shocking 1 or 2% a year, according to a report in the National Academy of Sciences.”   As part of our commitment to #sustainability, KBS has established bee apiaries at numerous properties nationwide, highlighting the crucial roles bees play in urban ecosystems and teaching our tenants about the subtle wonders of nature through in-person and online presentations.   How are you giving back? Comment down below! #CommercialRealEstate #Office #MotherNature #UrbanBeehive #UrbanBeekeeping

Feeling the need for speed, we shifted gears and hit the track! 🏎️💨    Fueled by laughter and collaboration, the KBS team had an unforgettable time at K1 Speed blending fun and productivity during our team bonding event and quarterly meeting.     A huge thank you to everyone who participated and made this event a success – it was truly electric.     Robert Durand, Bianca Villarreal, Brett Merz, Charles J. Schreiber Jr., David Z., Eleazer Escobedo, Ginny Walker, Louise Perry, Marne Kaufman, Michael Zapata, and Ryan Butala.  #TeamBuilding #CompanyCulture #K1Speed #KBS #CommercialRealEstate  

KBS’ EVP of Finance, Robert Durand, has been making an impact both in real estate and beyond. Check out a few highlights below:      Rob spoke on an insightful panel: “A 2024 to 2023 Lookback of Financing, Lending & Borrowing Activities” at University of California, Irvine - The Paul Merage School of Business Center for Real Estate where he shared key trends in the real estate finance landscape.     Rob also participated in for the fifth consecutive in Bike MS for National MS Society, a fundraising ride supporting those affected by multiple sclerosis (MS), a charity close to his heart. This two-day event offered riders an unforgettable experience, cycling along the beautiful coasts of #OrangeCounty and #SanDiego counties.   You can still make a difference by donating to his fundraising page, available until December 2024. Help Rob reach his goal and support this important cause by clicking the link below:   https://lnkd.in/gJ_a33nN     #CommercialRealEstate #FinanceTrends #Fundraising #BikeMS #California  

We are happy to welcome two new tenants to Dulles Station East - an NAIOP award-winning office building located in the Washington, D.C. metro of #Herndon, VA.         Client Solution Architects has secured a new 5,733 SF lease to bolster their ability to support the Department of Defense with cutting-edge enterprise IT, mission training, and support services—driving mission success through innovative solutions and Quartus Engineering – specializing in developing complex systems and structures that require high precision and reliability, have signed a new 5,452 SF lease.         We hope our new tenants enjoy the property as much as we do.         Check out Dulles Station East below:    https://lnkd.in/gN829BzX   #CommercialRealEstate #Office #WashingtonDC #Virginia #NewTenant #KBS   

“Regardless of where we are in the economic cycle, CRE has historically remained one of the strongest tangible alternative investments available in all economic environments.” - Marc Deluca, KBS CEO and regional president, Eastern U.S. in Forbes. Commercial real estate (#CRE) is often viewed as a hedge against inflation, and investors are eager to identify the right time to make a move. While inflation plays a significant role in this industry and appears to be heading in the right direction, historical data presents mixed results. In this week’s blog, we examine the relationship between inflation and CRE. Click the link below to read the full blog article: https://lnkd.in/gBeWmBY9 #CommercialRealEstate #Economy #Inflation #Office #Amenities #FED