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Bethesda, Md. — July 2, 2015 — Transwestern announced that it has secured a major property management assignment with KBS to manage an office portfolio totaling 1.9 million square feet. The portfolio consists of 12 buildings in six locations – five in Virginia and one in Maryland.
Eric Mockler, Transwestern executive vice president of asset services, said the assets "are an impressive assemblage located in dynamic suburban Washington, D.C., markets.” Transwestern Senior Vice President Andrea McGowan will be responsible for directing and supervising the portfolio’s performance.
The KBS assignment consists of these properties:
• One Washingtonian Center, 9801 Washingtonian Blvd., Gaithersburg, Md., 314,175 square feet
• Willows Oak Corporate Center, 8260, 8270 and 8280 Willow Oaks Corporate Drive in Fairfax, Va., three buildings totaling 584,003 square feet
• Tysons Dulles Plaza, 1410, 1420 and 1430 Spring Hill Road in McLean, Va., three buildings totaling 486,707 square feet
• Reston Square, 11790 Sunrise Valley Drive in Reston, Va., 139,071 square feet
• Dulles Station East, 2303 Dulles Station Blvd., in Herndon, Va., 186,734 square feet
• Redwood Plaza, 10560, 10580 and 10600 Arrowhead Drive in Fairfax, Va., three buildings totaling 205,630 square feet
KBS is the advisor to the KBS REITs and oversees the acquisition, management and disposition of all REIT portfolio assets. KBS and its affiliated companies have provided direct real estate investments on behalf of large institutional clients such as public and private pension plans, endowments, foundations, sovereign wealth funds, and six non-traded REITs. In September 2014, National Real Estate Investor ranked KBS the fifth largest office owner globally.
For more information about transwestern, visit transwestern.com.
