Login

REIT’s Property Liquidation Shows Effects of Tough US Office Market

KBS Growth & Income Nears End of Wind-Down With Combined Deals in Chicago and Houston
KBS Growth & Income REIT has sold the two-story building at 210-216 W. Chicago Ave. in Chicago's River North for $2.7 million. (Jonathan Fairfield/CoStar)
KBS Growth & Income REIT has sold the two-story building at 210-216 W. Chicago Ave. in Chicago's River North for $2.7 million. (Jonathan Fairfield/CoStar)
CoStar News
May 1, 2024 | 7:53 P.M.

With the sale of a small Chicago building for less than $3 million, KBS Growth & Income REIT is on the verge of completing a long-planned liquidation of a national property portfolio that provides a look at the changing fortunes of office real estate.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE