October 11, 2018
HOUSTON – Transwestern today announces Health Care Service Corp. has renewed its lease for 48,214 square feet at 1800 W. Loop S. in Houston. Transwestern Senior Managing Director Doug Little, Senior Vice President Louann Pereira and Senior Associate Matthew Seliger are providing leasing services on behalf of KBS Realty Advisors.
“Health Care Service Corp. is a long-term, highly valued tenant, and its decision to extend its lease at the building is a testament to the significant capital improvements the ownership has put into the project, as well as the premier location along the West Loop,” said Little. “Additionally, a new state-of-the-art tenant lounge, fitness center, conference facility and food amenities will soon be added to elevate the tenant experience at the property.”
1800 W. Loop S. is a 399,777-square-foot, Class A office tower in the Uptown Galleria submarket. With its strategic location at San Felipe and Interstate 610, the building is accessible to every major business area of Houston.
JLL Regional Director Sean Reynolds and Executive Vice President Garrold Parratt represented the tenant.
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Occupier Solutions, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 211 offices in 36 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern.
Industry leaders Peter M. Bren and Charles J. Schreiber, Jr. formed KBS Realty Advisors, an SEC registered investment adviser, in 1992, which established the basis for today’s family of KBS-affiliated real estate companies. KBS is one of the nation's largest buyers of commercial real estate and has completed transactions exceeding $37 billion. In 2018 National Real Estate Investor ranked KBS the 8th largest office owner globally.
KBS-affiliated entities have invested in and managed commercial real estate assets on behalf of clients that include large institutions, such as public and private pension plans, endowments, foundations, sovereign wealth funds and seven public non-traded real estate investment trusts (REITs). In late 2017, KBS launched KBSDirect.com, providing investors direct access to institutional quality commercial real estate via a KBS-sponsored Real Estate Investment Trust.
KBS’ headquarters are in Newport Beach, CA, with other offices in New York and Washington DC. KBS is structured with three regional presidents and their respective teams of asset managers and analysts, backed up by financial and administrative teams totaling over 180 people. Assets under management by KBS-affiliated companies exceed $11.4 Billion as of June 30, 2018.