KBS

We’re pleased to announce the promotion of Jonas Dabao to SVP, Director of Finance and Corporate Accounting at KBS 🎉👏🏼    Since 2016, Jonas has been a key player on our corporate accounting and reporting team. In his new role, he will partner with executive leadership on financial planning, capital management and allocation, and overall financial strategy. Please join us in congratulating Jonas on this well-deserved promotion. #CommercialRealEstate #Promotion #Finance #CorporateAccounting #TeamKBS 

Congratulations to Kyla, Robert and Cheryl on being selected as Service Champions for our client, KBS, exemplifying the highest standards of excellence in customer service at their CBRE-managed properties in Plano, TX; Leawood, KS; and Dallas, TX. They embody a positive attitude, professionalism, and commitment to service on behalf of KBS. Thank you KBS for choosing to partner with us for your property management needs. At CBRE, you’ll be trusted to make decisions and create great client experiences at your properties. Learn more: https://lnkd.in/g7D3hDnj #TopTalent #PropertyManagement

KBS is proud to be recognized and awarded in the Orange County Business Journal’s special “Companies That Care” report for our charitable contributions and community service!    This award recognizes companies that go above and beyond for the #OrangeCounty community through their philanthropic efforts and accomplishments.     At KBS, corporate philanthropy is at the heart of our culture. For over 30 years, we’ve been generously giving back to OC and the many communities where we invest.    Some of our key initiatives include supporting veteran-focused programs like the Orange County Veterans Initiative and Wreaths Across America, promoting employee wellness through various incentive programs, and championing environmental sustainability with efforts such as California Coastal Clean Up Day to preserve the environment.     View the full list of winners below:  https://lnkd.in/g9wUH8QX #KBSGivesBack #Philanthropy #Community #OCBJAward

Whether launching, incubating, or expanding, Artificial Intelligence (#AI) firms across the #SiliconValley area represent the highest concentration of startups and tech talent globally. According to JLL, 37% of AI companies are based in the United States, and 42% are located in the Bay Area, followed by #Boston, #Seattle and #NewYork. Despite the rise of remote work in recent years, the high-rent, tech-centric office markets in Silicon Valley and the #SanFrancisco Bay Area are seeing a gradual turnaround, and the growing footprint of AI has played a part. While AI isn’t the sole driver of this trend, it has sparked cautious optimism in Silicon Valley’s commercial real estate (#CRE) market. Find out more in this week’s blog article: https://lnkd.in/gADJXtjq #CommercialRealEstate #Office #ArtificialIntelligence #BayArea

KBS recently sold Fountainhead Tower, a Class A office asset in #SanAntonio, TX.    Major Texas office markets continue to perform well thanks to strong population growth and corporate migration, KBS’ Gio Cordoves told Commercial Property Executive in an earlier interview. The office vacancy rate in San Antonio was at 18.8% by the end of 2024, while the market’s overall asking rates reached historic highs at $28.71 per SF, marking a 3.3% increase year-over-year.    Completed in 1985, Fountainhead Tower stands 10 stories tall, with floorplates averaging 18,783 SF. The building was renovated in 2017, which included the addition of a new conference center. The nearly 6-acre property also includes four passenger elevators, a 627-space parking garage, an exterior courtyard with a golf putting green, and more.  Check out this insightful article from CPE: https://lnkd.in/eyFezf9P    Want to learn more about the sale of Fountainhead Tower? https://lnkd.in/g8QRDCxp #ICYMI #Office #CommercialRealEstate #Texas 

60 South Social - March Edition Happy Women's History Month and National Reading Month! Featuring the start of quarterly blood drives, a children's book drive, and a full tenant event schedule. Check it out!

We're thrilled to have you join us at our Second + State Class A office building in April, Transact Commercial Interiors Utah!

Beehive Update 🐝🍯🌱 UBS Tower, a KBS property, is a 29-story, Class A office building in #Nashville that features one of the company’s most unique amenities – urban beekeeping. The Best Bees Company is UBS Tower’s beekeeper and recently shared the building’s beehive HoneyDNA Analysis. A sample of UBS Tower’s honey using eDNA (environmental DNA) to amplify and sequence its DNA. After comparing these sequences with a large database, they identified the plants that contributed to the honey sample, finding that clover (Genus Trifolium) made up nearly 64% of the plant sources in the sample. As a special treat, UBS Tower tenants received a selection of products made from their harvested honey including honey jars, beeswax candles, beeswax lip balm, and lemongrass + peppermint honey soap. At KBS, we strive to find unique and innovative ways to positively increase office sustainability. #UrbanBeekeeping #Sustainability #Office #Tenants #Tennessee

In 2024, KBS leased a total of over 78,000 square feet of space to ten tenants at Second + State, a 13-story, Class A property in downtown #SaltLakeCity, UT.     The newly signed tenants include:  - Squire, a Utah-based accountancy firm and current tenant, which is increasing their space to 12,479 SF.  - Nelson Naegle, PLLC, PLLC, a local firm leased 6,770 SF  - Big-D Construction, a national construction firm headquartered in Utah has leased 9,597 SF  - WebBank, a Utah-chartered industrial bank and existing tenants, renewed its lease for 29,751SF of office space.     According to Gio Cordoves, regional president, Western U.S. at KBS, these transactions highlight the resilience of Class A properties in downtown SLC, with the high-quality buildings driving leasing trends in SLC as well as throughout the country.      Second + State, formerly known as Parkside Tower, is an iconic building that features an architecturally unique angular building top, providing great signage visibility for its key tenants and acts as an east-side gateway to the downtown area. The building’s exterior is comprised of brick and glass and features a newly enhanced building entrance with landscaping that highlights the main entryway. Amenities include an on-site café, fitness facility, and shared tenant conference room. Second + State was most recently renovated in 2021 and 2022, creating an inviting main floor atrium and lobby, and updated floor elevator lobbies.     CBRE’s Scott Wilmarth and Nadia Letey assisted KBS in the lease transactions.     Learn more about Second + State below:  https://lnkd.in/dAZCUDBG #CommercialRealEstate #Office #Leases #Renovations #Tenants #Utah #Amenities