{"id":6480,"date":"2016-05-17T10:25:23","date_gmt":"2016-05-17T14:25:23","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&#038;p=6480"},"modified":"2016-05-17T10:25:23","modified_gmt":"2016-05-17T14:25:23","slug":"kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/","title":{"rendered":"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million"},"content":{"rendered":"<p>KBS Strategic Opportunity REIT Inc., a publicly registered non-traded business development company, entered into an agreement to purchase 353 Sacramento in San Francisco for $169.5 million plus closing costs. The seller, Pacific EIH Sacramento LLC, is not affiliated with the company.<\/p>\n<p>Built in 1982, the class A, 284,800-square-foot office building sits on 0.35 acres of land in the city\u2019s financial district. 353 Sacramento is currently 87 percent leased to 25 tenants, with a weighted-average remaining lease term of approximately 2.2 years.<\/p>\n<p>KBS Strategic Opportunity REIT deposited $1 million towards the purchase of the property.<\/p>\n<p>KBS Strategic Opportunity REIT, which went effective in November 2009 and closed in November 2012, raised $561.7 million in its primary offering and has sold $56 million in DRIP shares, according to the most recent quarterly filing with the Securities and Exchange Commission.<\/p>\n<p><a class=\"fasc-button fasc-size-medium fasc-type-flat fasc-ico-before dashicons-text\" style=\"background-color: #33809e; color: #ffffff;\" href=\"http:\/\/bit.ly\/1TXpl9d\" target=\"_blank\" data-fasc-style=\"background-color:#33809e;color:#ffffff;\">Article Located Here<\/a><\/p>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>KBS Strategic Opportunity REIT Inc., a publicly registered non-traded business development company, entered into an agreement to purchase 353 Sacramento in San Francisco for $169.5 million plus closing costs. The &hellip; <\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/\" class=\"read-more\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":5836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2739],"tags":[],"class_list":["post-6480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-nontraded-reit"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"KBS Strategic Opportunity REIT Inc., a publicly registered non-traded business development company, entered into an agreement to purchase 353 Sacramento in San Francisco for $169.5 million plus closing costs. The &hellip; Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Blue Vault\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-17T14:25:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"312\" \/>\n\t<meta property=\"og:image:height\" content=\"234\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"laurie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"laurie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/\",\"name\":\"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million - Blue Vault\",\"isPartOf\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg\",\"datePublished\":\"2016-05-17T14:25:23+00:00\",\"dateModified\":\"2016-05-17T14:25:23+00:00\",\"author\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049\"},\"breadcrumb\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#primaryimage\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg\",\"contentUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg\",\"width\":312,\"height\":234},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/qa.bluevaultpartners.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bluevaultpartners.com\/#website\",\"url\":\"https:\/\/bluevaultpartners.com\/\",\"name\":\"Blue Vault Partners\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bluevaultpartners.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049\",\"name\":\"laurie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g\",\"caption\":\"laurie\"},\"sameAs\":[\"https:\/\/qa.bluevaultpartners.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million - Blue Vault","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/","og_locale":"en_US","og_type":"article","og_title":"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million - Blue Vault","og_description":"KBS Strategic Opportunity REIT Inc., a publicly registered non-traded business development company, entered into an agreement to purchase 353 Sacramento in San Francisco for $169.5 million plus closing costs. The &hellip; Read more","og_url":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/","og_site_name":"Blue Vault","article_published_time":"2016-05-17T14:25:23+00:00","og_image":[{"width":312,"height":234,"url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg","type":"image\/jpeg"}],"author":"laurie","twitter_card":"summary_large_image","twitter_misc":{"Written by":"laurie","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/","url":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/","name":"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million - Blue Vault","isPartOf":{"@id":"https:\/\/bluevaultpartners.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#primaryimage"},"image":{"@id":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#primaryimage"},"thumbnailUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg","datePublished":"2016-05-17T14:25:23+00:00","dateModified":"2016-05-17T14:25:23+00:00","author":{"@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049"},"breadcrumb":{"@id":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#primaryimage","url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg","contentUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2016\/03\/Featured-News-Image_0003_NewsGeneric_02.jpg","width":312,"height":234},{"@type":"BreadcrumbList","@id":"https:\/\/qa.bluevaultpartners.com\/kbs-strategic-opportunity-reit-to-buy-san-francisco-office-building-for-170-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/qa.bluevaultpartners.com\/"},{"@type":"ListItem","position":2,"name":"KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million"}]},{"@type":"WebSite","@id":"https:\/\/bluevaultpartners.com\/#website","url":"https:\/\/bluevaultpartners.com\/","name":"Blue Vault Partners","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bluevaultpartners.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049","name":"laurie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g","caption":"laurie"},"sameAs":["https:\/\/qa.bluevaultpartners.com"]}]}},"_links":{"self":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/6480"}],"collection":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/comments?post=6480"}],"version-history":[{"count":0,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/6480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media\/5836"}],"wp:attachment":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media?parent=6480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/categories?post=6480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/tags?post=6480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}