News RELEASE

Qwest Expands at WillowWood

Fairfax, VA -- June 11, 2004: On April 21, 2004 an amendment was signed with Qwest Communications Corp. (www.qwest.com) for a renewal and expansion of their lease at Willowwood Plaza, a 235,438 SF office property in Fairfax, VA. The two-building complex is owned and operated by investment advisory firm, KBS Realty Advisors (www.kbsrealty.com).
The Qwest lease includes a seven-year, 25,581 sq. ft. renewal and an expansion of 3,813 sq. ft. for a total of 29,394 sq. ft.

Qwest Communications International Inc. (Q : NYSE) is a leading provider of voice, video and data services to more than 25 million customers. The company's 47,000 employees are committed to the "Spirit of Service" and providing world-class services that exceed customers' expectations for quality, value and reliability.

"We are pleased to continue to provide quality office space to Qwest Communications," commented Peter Potrykus, Senior Vice President of KBS Realty Advisors. "We look forward to continuing our relationship with Qwest long into the future."

Potrykus added that KBS was pleased with the efforts of Tom Cresce and Zach Wade of Trammell Crow (www.trammellcrow.com), who represented KBS in the transaction; as well as Brad Cole and Dan Bennett of Grubb & Ellis (www.grubbandellis.com) who represented Qwest.

Headquartered in Newport Beach, CA, KBS Realty Advisors is a premier investment management firm specializing in real estate investments on behalf of select private and public pension fund, endowment and foundation partners. Founded in 1992, KBS has invested approximately $5 billion on behalf of its clients. KBS specializes in purchasing and repositioning under-performing real estate and real-estate related assets in the United States.