News RELEASE

Taylor Scott Architects Signs 12,310 SF Lease at Boulder Towers

Tulsa, OK, August 15, 2003: Taylor Scott Architects (www.taylorscott.com) has renewed 10,075 sq. ft. and expanded their space by 2,235 sq. ft. at Boulder Towers, a 521,802 SF office tower in midtown Tulsa, OK. The property is owned by KBS Realty Advisors (www.kbsrealty.com).

Taylor Scott is one of the nation’s leading architectural firms in the areas of retail, aviation, restaurants, institutional and corporate office architecture. The company has designed over 10 million square feet of retail space and has designed projects in over 40 states. The company has chosen Boulder Towers as its headquarter location.

Peggy Percefull with CB Richard Ellis (www.cbre.com) represented KBS in the transaction. Taylor Scott was represented by Carl Vincent of Argue Properties (www.argueproperties.com).

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 in excess of $4.5 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.