HOUSTON-An affiliate of Newport Beach-based KBS has acquired WestLake Park Two, a 17-story, 388,142-square-foot tower at 580 Westlake Park Blvd., from Los Angeles-based Younan Properties. The tower is a portion of WestLake Park, a four-building office complex, which sits on a 58-acre land near Texas 6 and Interstate 10.
KBS Capital Advisors negotiated the deal on behalf of KBS REIT II, while the seller was represented by Holliday Fenoglio Fowler's Trent Agnew and Dan Miller. WestLake Park Two is 96% leased.For the full story, go to Houston Chronicle.
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