KBS REIT II ACQUIRES OFFICE COMPLEX IN FLORIDA FOR $36 MILLION
WEST PALM BEACH, FLA. — KBS Real Estate Investment Trust II (KBS REIT II) has acquired Emerald View at Vista Center in West Palm Beach. The 139,471-square-foot, two-building office complex sold for $36 million. The property is situated on 9.8 acres at 2054 and 2056 Vista Parkway. An affiliate of Boca Raton, Fla.-based Procaccio Development Corp. sold the property.