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KBS Eyes $250M in Southeast Acquisitions in '08

ATLANTA-The Newport Beach, CA-based firm opens a regional office with plans to increase acquisition efforts in Florida, Georgia, Alabama, South Carolina and Tennessee.

By Natalie Keith | Updated on February 15, 2008

ATLANTA-Newport Beach, CA-based KBS Realty Advisors has opened a regional office in Atlanta and hired Len Bravo as senior vice president.

Bravo, who was formerly a vice president with Starwood Capital Group, will lead the firm’s regional acquisition efforts. Starwood Capital Group did not comment on the move. In addition to the Atlanta office, KBS has eight other offices across the country.

Bravo tells GlobeSt.com that the new office is part of the company’s strategic plan to open offices closer to the markets they serve. Prior to the opening of the new office, the Southeast was handled through the company’s Washington, DC office and South Florida was handled through its New York City office. “KBS has always covered the Southeast but with the new office and more personnel, hopefully we’ll be able to do more deals,” Bravo says.

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