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| News RELEASE |
KBS Realty Advisors Ranked #3
in 2009 Survey of Commercial Real Estate Buyers
by Leading Industry Trade Publication
Newport Beach, CA - June 1, 2009: KBS Realty Advisors, one of the nation’s leading commercial real estate investment advisors, has been ranked #3 in a 2009 survey of the top commercial real estate buyers in the United States by a prestigious industry trade publication.
Commercial Property News of New York ranked the Newport Beach, Calif.-based firm third out of 19 firms surveyed by the CPN-Nielsen Buyers Index. The Index looks at a combination of 2008 commercial real estate acquisition indicators, including fourth quarter and total-year acquisitions, number of completed transactions, and total square footage of commercial property acquired throughout the year.
KBS Realty Advisors moves up to the third slot in 2009 after being ranked #19 in the 2008 CPN-Nielsen Buyers Index and #28 in 2007.
Key acquisitions by KBS-affiliated companies in 2008 included the 1.1-million-square-foot, six-building Park Avenue at Morris County complex in suburban New Jersey; the three-building, 487,775-square-foot Tysons Dulles Plaza in Washington, D.C.; Five Tower Bridge, a 223,736-square-foot, trophy-caliber building in suburban Philadelphia; and the two-building Dupont Centre complex in Irvine, Calif., among many others.
KBS currently has $6.5 billion in assets under management. Approximately 90 percent of this total is in the form of commercial real estate equity, and the remaining 10 percent represents debt investments.
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.