Business Brief

KBS Strategic Opportunity REIT purchase Westminster office complex

KBS Strategic Opportunity REIT, a public non-traded real estate investment trust based in California, has purchased the Westmoor Center, a six-building complex totaling 612,890 square feet in Westminster.

KBS Strategic Opportunity REIT purchased the asset for $86 million.

The purchase of Westmoor Center boosts the presence of KBS Strategic Opportunity REIT and its affiliated companies in the Denver area, where it now owns six office properties totaling more than 1.7 million rentable square feet in Colorado.

KBS Strategic Opportunity REIT intends to invest in and manage a diverse portfolio of real estate-related loans, opportunistic real estate, real estate-related debt securities and other real estate-related investments.


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