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EMERYVILLE, CA – KBS, one of the largest investors in
commercial real estate, has signed 40,504 square feet in leases with two
tenants at The Towers Emeryville, an 816,090 square-foot, Class A office park in
Emeryville, California.
Diana Rivers, Associate Director
at Cushman & Wakefield is handling property management services for The
Towers Emeryville on behalf of KBS.
“Companies in the greater San Francisco market are
drawn to The Towers Emeryville for its beautiful water views, first-class
amenities, and superior tenant services,” says Rivers.
 | Giovanni (Gio) Cordoves
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“They simply can’t find all of these benefits in downtown San
Francisco for the price.” The Towers Emeryville is owned by KBS Real Estate investment
Trust III. The transactions include a new 20,252 square-foot leasewith LeapFrog Enterprises,
Inc., a global educational
entertainment and electronics company, and a 20,252 square-foot lease
extension and expansion with Centre for Neuro Skills (CNS), a premier provider of brain injury
rehabilitation services with seven locations across California and Texas.
The
recent lease transactions are a reflection of the quality and unique
waterfront location of the buildings, situated just outside of San
Francisco in the East Bay, according to Giovanni (Gio) Cordoves,
Western regional president for KBS.
“KBS
takes a hands-on approach to its properties and prides itself on exceeding
the expectation of office users,” says Cordoves.  | | Brent Carroll |
“Our ability to attract new tenants while at the same time
have existing tenants renew and expand within our space speaks to our
strength as an operator in addition to the quality of this location and
offerings the buildings provide to tenants, their employees and visitors.”
LeapFrog
Enterprises is relocating their headquarters to The Towers Emeryville from
another location in Emeryville, occupying the full 5th floor
as of early June.
“With a
portfolio of more than $7.7 billion in assets under management nationwide,
we understand what tenants’ want in their office space and work diligently
to deliver that across our portfolio,” says Brent Carroll,
senior vice president for KBS and asset manager for The Towers
Emeryville.
Carroll adds that the Centre for Neuro Skills renewed its
lease two years ago, however, based on its rapid growth the firm is
renewing its lease early and expanding to accommodate this continued
growth.
Contact:
Micaela Fehrenbach Account
Manager
O 949 438 6262 x8
Brower Group, Inc.
The Smart Agency® for Smart
Clients who want Smart Work
220 Newport Center Drive, Suite 22 · Newport Beach, CA 92660
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