Enriching the Tenant Experience

A letter from our CEO.

We live in a time when thoughtful application of technology, resources and leadership can be used to address many of the world’s biggest challenges. In terms of sustainability, the commercial real estate industry is poised to make a significant impact, which includes addressing — even adapting to — the consequences of climate change in ways both subtle and immediately apparent.

Sustainability and amenities don’t have to be mutually exclusive.

At KBS, the ultimate return on our efforts is when the experience of our tenants is enriched. Sustainability and amenities don’t have to be mutually exclusive. We believe they can go hand in hand.

That being said, I welcome you to the 2024 edition of KBS Premier magazine, the annual KBS publication dedicated to bringing a range of commercial real estate topics and company updates to our tenants, team members, industry colleagues and investors.

Included in this year’s issue is a look at the numerous ways KBS is implementing the latest technological advancements throughout our portfolio to reduce waste and pollution, create efficiencies, expand office amenities, decrease greenhouse gases and carbon emissions and support the safety and well-being of our tenants through healthful work environments. From increasing the number of EV charging stations to the introduction of eco-friendly smart systems and sensors, our portfolio-wide efforts have made — and continue to make — advances that have helped place KBS among the world’s largest real estate companies in ESG achievement in the 2023 GRESB Real Estate Assessment.

Within these pages, you’ll take a tour of Ridgewood Corporate Square, our seven-office business park just outside the CBD of Bellevue, Washington. Ridgewood proves how enhancements and unique amenities can help an office building succeed in a competitive CRE marketplace.

In our tenant profile, we talk candidly with Ann Rainhart, COO of Minnesota-based law firm Fredrikson & Byron. Headquartered at KBS’ 60 South Sixth office tower in the heart of downtown Minneapolis, Fredrikson is home to more than 375 attorneys who rely on their strategically located Midwest office to help businesses achieve their goals regionally, nationally and globally.

Home to four KBS Class A buildings, Salt Lake City is a dynamic business and cultural hub steeped in history and surrounded by natural wonders. In our market profile of the Utah capital, you’ll get an up-close look at our Salt Lake office properties and understand why this CBD is becoming a hotbed of startup innovation.

You’ll also have the opportunity to meet Jeff Waldvogel, KBS chief financial officer. Jeff is a highly regarded financial and accounting veteran whose commercial real estate career spans 20 years. We’re sure you’ll find our interview with Jeff to be educational as he shares his unique perspective on the current market and our industry’s future.

I hope you enjoy this year’s Premier magazine. In many ways, this issue exemplifies our company’s dedication to enriching the tenant experience at our properties and supporting the communities in which we do business.

God bless America,

Marc DeLuca

Chief Executive Officer and
Regional President, Eastern U.S.
KBS
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