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// November 13, 2014//
KBS Real Estate Investment Trust II, a nontraded real estate investment trust based in Newport Beach, Calif., announced the signing of several new and renewal leases at the Willow Oaks Corporate Center in Merrifield.
In the largest transaction, Direct Holdings, a global multichannel marketer of entertainment and lifestyle products, is renewing its lease for 16,396 square feet.
A new tenant, Dynamis Inc., which provides professional services and support to public-and private-sector organizations, signed a 9,261-square-foot lease.
Willow Oaks Corporate Center is made up of three, Class A office buildings, located near the intersections of Route 50 and the Capital Beltway (I-495).
“Willow Oaks is undergoing extensive upgrades to the common areas, exteriors and lobbies, offering tenants a more functional and attractive space,” KBS senior vice president Stephen J. Close, said in a statement.
Steve Hoffeditz, Ed Clark and Wes Evans with Newmark Grubb Knight Frank represented KBS REIT II on the leases. They are the exclusive leasing agents for Willow Oaks Corporate Center.
