News RELEASE

KBS Realty Advisors Purchases International Plaza Tower III, 14241 Dallas Parkway

Dallas, TX - April 9, 2008: KBS Realty Advisors has purchased International Plaza Tower III, 14241 Dallas Parkway, a 13-story, 351,872-square-foot, Class A office building. The seller was Fortis. The purchase price was not disclosed.

Bill Rogalla, Senior Vice President/Acquisition Officer, KBS Realty Advisors, represented his firm in the transaction. John Alvarado, Managing Director of Jones Lang LaSalle, Dallas, represented the seller. Walter Foster, Senior Vice President, KBS Realty Advisors, manages the firm’s Dallas, Austin and San Antonio portfolio.

“International Plaza Tower III is a Class AA asset,” says Bill Rogalla. “Due to the high level of occupancy within the Class A space, the Galleria area ranks among Dallas’ top office markets. Demand is strong among expanding companies and new firms moving in. The property is ideally situated to take advantage of the continuing market growth along the Tollway.”

Kim Brooks and Fletcher Cordell of Transwestern Commercial Services, Dallas, will handle leasing at International Plaza Tower III. Transwestern, Dallas, will also manage the property.

International Plaza Tower III is 72 percent leased. Major tenants include IMAC, Duke Realty, Wells Fargo Foothill, KBA Group and Arthur J. Gallagher & Co.

International Plaza Tower III is part of the three-building, 1.1-million-square-foot International Plaza office development, located along the Dallas North Tollway, north of Spring Valley Road, in Dallas’ Galleria area. Completed in 2002, International Plaza Tower III has 27,000-square-foot floor plates, an on-site café, fitness center, conference center and 24/7 security. International Plaza Tower III shares a parking garage with International Plaza Tower II. The garage is not part of the KBS acquisition.

With the acquisition of International Plaza Tower III, the KBS Realty Advisors portfolio in the Dallas/Fort Worth area now totals 2.5 million square feet and the portfolio of KBS REIT, an affiliated company, totals 439,078 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 headquartered in Newport Beach, Calif. KBS Realty Advisors and its affiliate, KBS Capital Advisors, invests, 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 $14 billion via 16 separate accounts, six commingled funds and a private equity REIT. For more information, visit www.kbsrealty.com.