(PR-inside.com) DENVER, CO -- (Marketwire) -- 12/17/10 -- KBS Real Estate Investment Trust II (KBS REIT II) continues its recent surge in high-profile acquisition activity with the purchase of Granite Tower, a signature, 31-story office tower in Denver's thriving Central Business District. The acquisition of the 561,691-square-foot, Class A tower by the Newport Beach, Calif.-based REIT constitutes one of Colorado's largest deals of the year according to total cost. Situated on 18th Street between Arapahoe and Curtis streets, Granite Tower is at the gateway to Denver's Lower Downtown Historic District (LoDo), with close proximity to Coors Field and the redeveloped Union ..
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