News RELEASE

KBS Resigns Lightower Fiber Networks to Long-term Lease in Boston Suburb

Leading Digital Fiber Network and Broadband Service Provider Signs Extension at 80 Central Street in Boxborough, Mass.

Boxborough, MA - April 22, 2009: KBS Realty Advisors of Newport Beach, Calif., continues to sign new and renewal leases throughout New England despite the state of the economy and local commercial office market.

Lightower Fiber Networks, a leading digital fiber network and broadband service provider, has signed a long-term extension of its 15,668-square-foot headquarters lease at 80 Central Street, a Class-A atrium office building in Boxborough, Mass., 47 miles northwest of Boston. The lease comes months after KBS signed more than 567,700 square feet in new and renewal leases in New England with Friendly’s Ice Cream Corporation, Home Depot and Macy’s Retail Services.

Lightower Fiber Networks maintains its corporate headquarters and New England sales office at 80 Central Street. The company delivers mission-critical data, voice, and video transport solutions for customers requiring engineering-driven custom solutions in international and domestic telecommunications, financial services, technology, media, government, health care and education.

Built in 1989 and renovated in 1995, 80 Central Street offers 149,528 square feet of office and heavy tech/lab space in Boston’s Concord/Maynard submarket. Building highlights include distinctive glass and brick exteriors, a three-story atrium lobby, state-of-the-art data and telecommunications capabilities, cafeteria and fitness center with locker rooms and showers.

Lightower represented itself in lease negotiations, while James Lipscomb of Richards Barry Joyce & Partners of Boston represented KBS.

A major New England property owner, KBS-affiliated companies own 22 properties in Massachusetts, Connecticut and New Hampshire totaling more than 8 million 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 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 $16.5 billion via 19 separate accounts, six commingled funds and two private equity REITs. For more information, visit www.kbsrealty.com.