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KBS Strategic Opportunity REIT II buys Silicon Valley office building

May 25, 2016

By Eamon Murphy | The PE Hub Network

Real estate trust KBS Strategic Opportunity REIT II acquired Lincoln Court, a three-story office building in Campbell, California, for $51.5 million. KBS Capital Advisors, external advisor to KBS Real Estate Investment Trusts, is an affiliate of private equity real estate company KBS Realty Advisors.

Press Release

KBS Strategic Opportunity REIT II, a non-traded real estate investment trust based in Newport Beach, announced today the acquisition of Lincoln Court, a 123,529-square-foot, Class A, three-story office building, for $51.5 million. The property is located at 2105 South Bascom Avenue in Campbell, a suburb of San Jose within Silicon Valley’s West Valley.

Currently 98 percent leased, Lincoln Court was recently renovated, offering an updated lobby, interior finishes, and a courtyard with Wi-Fi, a fountain and several seating areas. The property offers a two-level parking structure with 474 parking spots and a 3.8/1,000-square-foot parking ratio.

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Gordon Dunne
September 30, 2019

“Always, but especially in this day of lawsuits and ever increasing regulations, the responsibility for a financial advisor t do their own due diligence on products they sell falls squarely on themselves. No one is going to take greater interest in protecting their practice than they are. We use the Blue Vault Partners Nontraded REIT Review to keep us informed of the performance of every single nontraded REIT. Finally, complete transparency is available for advisors using nontraded REITs. Every advisor using REITs in their practice should make the small annual investment of subscribing to Blue Vault’s reporting services.”