Thank you for sharing!

Your article was successfully shared with the contacts you provided.

KBS is launching a spec suite program at Union Bank Plaza. Last week, the office owner announced plans to reposition the 700,000-square-foot office tower to the tune of $20 million. The spec suite offering—part of the repositioning project—will provide move-in ready spaces for tenants, and in some ways is an iteration of co-working spaces, which offer the same move-in ready environment.

“KBS is an institutional firm with an owner-operator mentality. We understand what today’s tenants are seeking, and we consistently identify innovative ways to deliver best-in-market offerings to our current and future tenants,” Tim Helgeson, SVP and asset manager and KBS, tells GlobeSt.com. “Our new spec suite program is an example of this innovative thinking. While many office owners have begun to bring available space to clean, white-box status, we are taking that a step further by building out spec spaces that truly demonstrate the flow, function, and aesthetic that is available within the property.”

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.