KBS takes Mid America Plaza

Boosts presence in Chicago area

KBS Realty Advisors added 407,263 square feet of office space to its portfolio with the recent acquisition of Mid America Plaza I and II in Oak Brook, Ill. The value of the transaction was not disclosed. The property consists of two class A+ office buildings comprising 10 stories each. The purchase boosts KBS Realty Advisors' regional Chicago-based portfolio to approximately 2.2 million square feet. RREEF sold the property, which is located at the intersection of Route 83 and 22nd Street. ...