News RELEASE

144,419 Square Feet Leased in World Houston Plaza, 15710 JFK Boulevard

Houston, TX -- March 27, 2006: Ninety days after Total Petrochemicals USA vacated 150,000 square feet, 144,419 square feet have been leased by three firms in World Houston Plaza, 15710 JFK Boulevard.  KBS negotiated a $7 million lease buyout for the early termination of the Total Petrochemicals’ lease. Weatherford International Ltd. has leased 84,439 square feet to consolidate three offices.  FMC Technologies, Inc. has leased 29,876 square feet to relocate its Surface Wellhead business from 1777 Gears Road.  The relocation is the result of FMC Technologies’ Subsea Systems’ expansion at the Gears Road facility.  KRATON Polymers has leased 29,876 square feet to relocate its headquarters from 700 Milam downtown.  The Weatherford and Krayton Polymers deals are 11-year leases.  The FMC Technologies lease is for seven years.

Michelle Wogan of Transwestern Commercial Services, Houston, represented the landlord, KBS Realty Advisors Houston Portfolio, in lease negotiations.  Kevin White of W The Real Estate Company, Dallas, represented KRATON Polymers.  Sanford Criner and Craig Beyer of CB Richard Ellis, Houston, represented Weatherford in lease negotiations.  Elliott Hirshfeld and Criner represented FMC Technologies.

“When Total decided to relocate its offices to downtown, we targeted Class A tenants seeking space near Bush Intercontinental Airport,” said Rodney Richerson, Senior Vice President and Director of Asset Management, KBS Realty Advisors.  “This quick lease-up is an indicator of current demand, particularly in the energy, technology and petrochemical sectors in a period of acquisitions and consolidations.”

Weatherford International Ltd., based in Houston, is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry.  Weatherford operates in more than 100 countries and employs more than 25,100 people worldwide.

FMC Technologies, Inc., based in Houston, is a global leader in mission-critical technologies for the energy industry and other industrial applications.  The firm provides products, services and solutions for customers worldwide and generates more than $3.2 billion in revenue.

KRATON Polymers is a Houston-based, global performance polymers company.

World Houston Plaza is an eight-story, 216,277-square-foot, Class A office building at 15710 JFK Boulevard near Bush Intercontinental Airport, Houston.

The KBS Realty Advisors Houston Portfolio includes 3.5 million square feet in 33 office, retail and office/warehouse properties in the Houston area.

Headquartered in Newport Beach, CA, KBS Realty Advisors (www.kbsrealty.com) is a premier real estate investment firm that has invested nearly $6 billion since their inception in 1992. KBS was founded and is operated by Peter Bren, president and chairman and Charles J. Schreiber, Jr. CEO. KBS has offices in Newport Beach, San Francisco, Dallas, Chicago, Boston, New York and Washington D.C.