MAITLAND, FL—KBS Strategic Opportunity REIT,which is based in Newport, CA, reports it has inked three new leasetransactions at its Maitland PromenadeII office building here totaling nearly 34,000 squarefeet.
The new lease deals bring the occupancy of the230,366-square-foot office building, which KBS acquired in December2013 to 92% occupancy. The property was 77% occupied at the time ofits purchase.
The latest lease transactions at Maitland Promenade II include anew 20,113-square-foot lease with Taylor Morrison HomeFunding; an 8,526-square-foot expansion byCentene; and a 5,062-square-foot expansion byNew York Life.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
