ALPHARETTA, GA—Specialty insurance company Star & Shield Services, LLC has signed a lease for nearly 15,000 square feet of space at the Great Oaks Center here.
The deal was announced by building owner Newport, CA-based KBS Real Estate Investment Trust (represented KBS REIT I). Star & Shield Services, which is headquartered in Tallahassee, FL, signed a lease for 14,701 square feet at the Great Oaks Center. Star & Shield Services provides insurance services to the public safety community and their families.
Elliott Grand and Jeff Keppen of CBRE represented KBS REIT I in the lease, while Ben Parker of Avison Young represented Star & Shield Services, LLC.
Great Oaks Center is located at 11560 Great Oaks Way and consists of three single-story office buildings owned by KBS REIT I that lies adjacent to the REIT's 160,539-square-foot Royal Ridge office complex.
“Properties such as Great Oaks Center help contribute to Atlanta's reputation as an attractive office market,” says KBS Capital Advisor Senior Vice President/Market Leader Allen Aldridge. “Great Oaks Center is a high-quality single-story asset near the center of the North Fulton submarket, which is home to numerous institutional companies.”
KBS affiliated companies also own Northridge Center I & II, a 188,509-square-foot office property in Atlanta; Overlook I, a 139,474-square foot office asset in Atlanta; and Village Overlook I & II, a 34,830-square-foot medical office property in Stockbridge, GA. KBS REIT I does not own an interest in those properties, company officials note.
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