News RELEASE

KBS Realty Advisors Announces Over 186,641 Square Feet of Leasing Transactions at Woodbridge Corporate Plaza in Iselin, NJ, Bringing Occupancy to 91%

Iselin, NJ – January 25, 2007:  KBS Realty Advisors has announced the closing of more than 186,641 square feet of leasing transactions at Woodbridge Corporate Plaza in Iselin, NJ. The largest lease of 66,000 square feet was made to Maidenform, Inc. and will serve as their corporate headquarters. GVA Williams was the exclusive leasing agent, with first vice president Drew Persson overseeing the assignment.

The Park has also seen several recent lease extensions, renewals and expansions that have boosted occupancy to 91 percent. Highlights of the recent transactions include:
• A 19,300-square-foot lease extension and expansion for Comcast of New Jersey
• A 15,715-square-foot lease renewal for AmeriHealth Insurance
• A 12,166-square-foot lease expansion and extension with Lanier Worldwide

“Woodbridge Corporate Plaza provides a superb combination of onsite and nearby amenities, unbeatable location and interior space options for tenants,” commented Charlie Valentino, Senior Vice President for KBS Realty Advisors. “Since adding the property to our expanding New Jersey portfolio nearly two years ago, we’ve seen a growing demand for quality office space in the Metropark market.”

Woodbridge Corporate Plaza features newly renovated common areas and upgraded office interiors with first-class finishes and flexible layouts. Surrounded by 45 acres of landscaped grounds accented with a 30-foot fountain and open-air pedestrian plaza, the campus offers a cafeteria and adjacent daycare center. Tenants enjoy 24-hour access, roving security services and onsite management, as well as immediate access to Route 1 and the Garden State Parkway, and proximity to the New Jersey Turnpike. The 625,000-square-foot, six-building office park is across the street from Woodbridge Commons Mall, offering convenient dining and shopping options. Metropark train station is just two miles away.

Since the company’s inception in 1992, KBS Realty Advisors has acquired ten properties totaling over 2.5 million rentable square feet in the New Jersey market. Currently, KBS and its affiliated companies own three properties in the New Jersey market representing over 1.25 million rentable square feet.

About KBS Realty Advisors
Founded by Peter Bren and Chuck Schreiber in 1992 as a private equity real estate company, KBS Realty Advisors is a SEC registered investment advisor. KBS invests in, manages and sells high quality U.S. commercial real estate assets for institutional, corporate and private investors. Since the company was formed, KBS has created 18 separate accounts and six commingled funds. In addition, KBS has formed a publicly offered, non-traded real estate investment trust. For more information, visit www.kbsrealty.com.