Nevada | 07 January 2016 | REIT Times
KBS Strategic Opportunity REIT II has acquired 2200 Paseo Verde, a 59,818 square foot office property located in Henderson, Nevada, for $13.4 million.
2200 Paseo Verde is the only office property located at The District at Green Valley Ranch, a 450,00 square foot mixed use retail, office and residential park.
Brian Ragsdale, executive vice president at KBS, commented: “We believe that 2200 Paseo Verde will be a great addition to the KBS Strategic Opportunity REIT II portfolio.”
“Its location in the central business district of Henderson and the growing office market of southern Nevada has attracted high-quality tenants, and we believe it will continue to do so.”
Author: Becky ButcherGo Back
"The Blue Vault database and reports help us separate the facts from the marketing when looking at alternative investments. It also helps us keep on top of legacy alts that no longer have wholesalers who provide updates. If you are using or interested in using alternative investments, Blue Vault is a must."