News RELEASE

FKP Architects Signs 10,787 SF Lease at The Travis Building

Dallas, TX -- January 13, 2004: FKP Architects, one of the nation's leading architectural firms, has recently signed a seven-year, 10,787 sq. ft. lease at 3535 Travis (The Travis Building) in the uptown area of Dallas, TX. The 116,309 sq. ft. property is owned and operated by investment advisory firm, KBS Realty Advisors (www.kbsrealty.com).

Founded in 1937 in Houston, FKP Architects, Inc. (www.fkp.com) is today one of the nation's leading architectural firms specializing in Healthcare Architecture, Research Architecture, Hospitality Architecture, and Educational Architectural projects. The firm maintains offices in Houston and Dallas to provide high-value planning, architecture, equipment planning, interior design and consulting services. In 2003, the firm was awarded the AIA Houston Firm of the Year Award.

"We are very pleased that FKP has chosen a KBS property to meet their growing requirements for high quality office space," commented Walter Foster, Senior Vice President of KBS Realty Advisors. "We look forward to providing them with the facilities services they need as their company continues to grow."

Foster added that KBS was very pleased with the outstanding efforts of Justin Miller of Transwestern Commercial Services (www.transwestern.net) who represented KBS in the transaction. KBS was also pleased to work with the tenant's representative, Brad Selner of The Staubach Company.

Headquartered in Newport Beach, CA, KBS Realty Advisors is a premier investment management firm specializing in real estate investments on behalf of select private and public pension fund, endowment and foundation partners. Founded in 1992, KBS has invested in excess of $4.5 billion on behalf of its clients. KBS specializes in purchasing and repositioning under-performing real estate and real-estate related assets in the United States.