KBS completes $22m renovation of 40-story office tower in Chicago

KBS has completed more than $22 million in upgrades at Accenture Tower, a top-tier, 1.46 million square-foot trophy office tower in downtown Chicago owned by KBS Real Estate Investment Trust III.

KBS worked with Leopardo Cos. to complete a series of renovations to the class-A office building that were designed by Chicago-based GREC Architects. Upgrades included a new office lobby inspired by the hospitality industry, a state-of-the-art conference center with a prefunction area, a contemporary tenant lounge featuring an outdoor terrace in a garden-like setting, with two fire pits.

“The pandemic has raised the stakes for office investors,” said Dan Park, senior vice president at KBS and asset manager for Accenture Tower. “As companies contemplate what they need from their office space in the new normal, KBS is a step ahead of the game with transformational amenities that elevate the office experience like the ones we’ve completed at Accenture Tower.”