"We wanted Kim because she has a lot of capital market experience, and she has created a number of successful funds in the past," KDC CEO Steve Van Amburgh. Tells GlobeSt.com. "Right now, we use our own capital and do programmatic ventures, like Prudential and the Intellicenters. We think it would be a good idea for us to have some focused funds available to acquire opportunities as they present themselves."
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Van Amburgh says KDC is interested in acquiring corporate facilities and net lease products as well office and industrial product. He says potential acquisition opportunities should come to fruition over the next 24 months.
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Then there is the Campus at Legacy 1.2-million-square-foot in Plano, TX. In 2008, KDC leased 253,000 square feet and Van Amburgh says there are proposals out for more than 500,000 square feet.
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