KBS Secures 85,000 SF in Preston Center Leases
August 8, 2014

KBS Real Estate has added new tenants at its two office properties in Preston Center. The company acquired the three-building, 427,799-square-foot Preston Commons and the 313,609-square-foot xx-story Sterling Plaza tower in June 2013.

Ryan McManigal, vice president and market leader for KBS, said the buildings are benefitting “from a thriving Dallas economy that is both diversified and business-friendly. Demand is also rising in this submarket,” he said, “which is surrounded on all sides by some of the most affluent residential neighborhoods in Dallas.”

Here’s a breakdown on the deals, brokered for KBS by Dennis Barnes, Celeste Fowden, Burson Holman, and Seth Thatcher of CBRE.

Preston Commons

  • BP Capital signed a 24,162 square-foot renewal, co-brokered for the tenant by Jerry Averyt of Henry S. Miller and Peery Wood of CBRE.
  • Medicision, Inc. leased 8,598 square feet, represented by Ric Kanatzar of Studley...
KBS Secures 85,000 SF in Preston Center Leases

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