KBS REIT III Snaps Up Downtown San Jose Office Building for $117MM

By Nancy Amdur KBS Real Estate Investment Trust III gained a prime Silicon Valley property with its recent purchase of the 16-story Class-A office tower Ten Almaden in downtown San Jose. The non-traded REIT bought the 309,255-square-foot building from Equity Office Properties Trust for $116.7 million, or approximately $377 per square foot, according to a […]