KBS of Newport Beach, California announced today the signing of two leases totaling 24,272 square feet at Tollway North Office Park in Plano, Texas. Marquis Software, a data analytics software and service provider, renewed its lease for 19,754 square feet, and Uniti Fiber, a leading provider of infrastructure solutions, signed a new lease for 4,518 square feet.

Tollway North Office Park is a seven-building, Class-A office park on nearly 27 acres of land at 5200 Tennyson Parkway. The single-story office buildings range in size from 29,000 to 64,000 square feet, offering a total of 297,591 square feet of rentable space. The property provides ample parking space for tenants with over 1,400 spaces.

Located just off the Tennyson Parkway, Tollway North Office Park is part of Plano’s prestigious Legacy Business Park. The property’s location allows easy accessibility to public transportation with various bus stations along Dallas North Tollway. In addition, the surrounding area provides tenants with various entertainment options such as music performances at the Plano Symphony Orchestra and outdoor activities and walking trails at White Rock Creek.

“We are excited to welcome Uniti Fiber and renew our relationship with Marquis Software,” said Brett Merz, senior vice president for KBS and asset manager for the property. “KBS looks forward to fostering these key partnerships at Tollway North Office Park.”

Russell Hughes of Hughes Realty Advisors represented Marquis Software and Charlie Beck and Cribb Altman with Cushman & Wakefield represented Uniti Fiber transactions.

About KBS

KBS is a private equity real estate company and an SEC-registered investment adviser. Founded in 1992 by Peter Bren and Chuck Schreiber, it is recognized as one of the largest commercial office owners globally. Since inception, KBS-affiliated companies have completed transactional activity in excess of $38 billion via 16 separate accounts and six commingled funds, for government and corporate pension funds. Additionally, KBS has sponsored five sovereign wealth funds and seven SEC-registered, non-traded REITs. For information, visit www.kbs.com.