News RELEASE

KBS Realty Advisors Opens Office in Atlanta and Hires Len Bravo to Acquisition Team

Atlanta – February 11, 2008: KBS Realty Advisors announced that it has opened a regional office in Atlanta and hired Len Bravo as a Senior Vice President. Bravo, who was formerly a Vice President with Starwood Capital Group, will head up the firm’s regional acquisition efforts. KBS Realty Advisors, one of the nation’s leading commercial real estate advisors, has eight other offices nationwide, in addition to its new Atlanta office.

Bravo will lead an aggressive plan to acquire institutional-quality commercial assets on behalf of both institutional investors as well as KBS REIT, a publicly-offered, non-traded real estate investment trust. The Atlanta office will support southeast acquisition efforts in Florida, Georgia, Alabama, South Carolina and Tennessee. In addition, Bravo will oversee the firm’s existing $300 million southeast office and industrial portfolio. KBS completed approximately $2 billion nationwide in acquisition activity during 2007 and is looking at another strong year in 2008.

“Len Bravo brings a wealth of expertise to KBS that is invaluable to our goal of increasing KBS’ southeast real estate holdings,” said Regional President Chuck Lindwall. “We want to welcome him as a true asset to our leadership team.”

Bravo joins KBS from Starwood Capital in Atlanta, where he was a Vice President with the Asset Management Group. In that role, Bravo was responsible for a national portfolio of more than 3,500 multifamily and condo conversion units. In addition, he oversaw the disposition of about $500 million in office and industrial properties and helped with the disposition of about $300 million in residential properties. Before he joined Starwood, Bravo worked as an Associate for the Morgan Stanley Real Estate Fund in New York. Bravo holds a B.S. in Accounting from the C.W. Post campus of Long Island University and has taken graduate courses from Georgia State University.

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 real estate investment advisor. KBS Realty Advisors and its affiliate, KBS Capital Advisors, invests in, manages and sells high quality U.S. commercial real estate assets for institutional, corporate and private investors. Since 1992 KBS has completed transactional activity of approximately $13 billion via 18 separate accounts, six commingled funds and a private equity REIT. For more information, visit www.kbsrealty.com.