News RELEASE

Two Tenants Re-Up 46,918 SF at Escalade in Austin

Austin, TX, August 16, 2003: Two tenants recently signed leases totaling 46,918 SF at The Escalade, a 115,039 SF suburban office building in the Southwest submarket of Austin, TX. The property is owned by KBS Realty Advisors (www.kbsrealty.com).

According to KBS Senior Vice President, Rodney, Richerson, on July 18, Cygnal Integrated Products (www.cygnal.com) chose to renew 12,879 sq. ft. of space as well as expand their space by 14,400 sq. ft. Cygnal is a designer and manufacturer of miniature in-system programmable, mixed-signal System-on-Chip products. Their products are used in Flash memory cards as well as a range of communications products, industrial equipment and consumer products. Cygnal has chosen The Escalade as their worldwide corporate sales office.

Also renewing space at The Escalade is HyPerformix, Inc., (www.hyperformix.com) a worldwide leader in predictive enterprise application performance software. HyPerformix renewed 20,626 sq. ft. of space for five years at The Escalade, which serves as the company’s world headquarter location.

Greg Johnson of Transwestern Commercial Services (www.transwestern.net) represented KBS for both transactions. Cygnal was represented by Derek Lewis of Hill Partners (www.hill-partners.com); and Hyperformix was represented by David Putman and Volney Campbell of CB Richard Ellis (www.cbre.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.