GREENWOOD VILLAGE, CO—KBS Real Estate Investment Trust III, based in Newport Beach, CA, has acquired Village Center Station, a 10-story class A office development located in greater Denver's southeast region.

Built in 2009, Village Center Station is a 234,915-square-foot LEED Gold certified building directly connected to the Arapahoe at Village Center light rail stop. The property includes a number of restaurants and retailers, in addition to a 786-space parking structure.

“Village Center Station is one of the premier light rail served office projects in the Denver metroplex and is a perfect example of the live, work, play environment that we've been trying to acquire across the country,” said KBS regional president Rodney Richerson.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.