DALLAS— KBS Realty Advisors and KBS Capital Advisors announced the promotion of Ryan McManigal as KBS VP/market leader for Dallas.

McManigal's will manage a portfolio totaling more than 3.7 million square-feet as well as oversee identifying new acquisition opportunities within the greater Dallas market. Additionally, McManigal will be responsible for dispositions in the Dallas region.

“We are pleased to have Ryan McManigal on board to help oversee our largest concentration of assets in one region,” said KBS CEO Charles J. Schreiber. “As KBS' Dallas-Fort Worth metroplex portfolio grows we see great value in having market leaders such as Ryan helping to lead the way with solid knowledge of the local market.” 

McManigal previously served at KBS as an investment analyst and helped manage assets totaling more than 10 million square feet across the Central and Western United States. Prior to KBS, McManigal was an associate at PricewaterhouseCoopers.

“The role of KBS market leaders has evolved into being much more than the role of a traditional asset manager. For that reason, Ryan McManigal makes a great fit,” said Ken Robertson, KBS Central Region president. “Ryan will help source out new acquisition and disposition opportunities in the Dallas region, and will do so with a real boots-on-the-ground approach.”

KBS Realty Advisors is a private equity real estate company with over $27 billion in completed transactional activity.