10/14/2026
KBS has sold Offices at Riverpark, a five-story, 107,029-square-foot Class A office building in downtown Redmond, Washington.
The transaction reflects KBS’ disciplined portfolio management approach and strategic investment in the property.
“Redmond remains one of the strongest office markets on the Eastside, supported by a highly educated talent base, a significant technology workforce and continued investment in infrastructure,” said Giovanni Cordoves, KBS’ Western regional president. “Throughout our ownership, our team focused on maintaining a high-quality workplace environment and positioning Offices at Riverpark for its next chapter.”
Congratulations to the joint venture, which includes Palisade Group, on the acquisition.
A special thank you to the entire KBS team for their dedication in closing the transaction on schedule, including: Ryan Pires, Robert Durand, Marne Kaufman and Kay Bratt. We also appreciate the efforts of the Newmark Group team and Greenberg Traurig, LLP in helping bring the sale to a successful close.