News RELEASE


TeleVox Takes 28,519 SF at Montlimar


Mobile, AL -- August 26, 2004
: On August 16, 2004 a new lease for 28,519 sq. ft. was signed with healthcare technology provider, TeleVox, at Montlimar Place, a 174,332 SF office property in Mobile, Alabama. The property is owned and operated by investment advisory firm, KBS Realty Advisors (www.kbsrealty.com).

TeleVox Software, Inc. (www.televox.com) is the leader in messaging solutions for the healthcare industry, delivering millions of doctor-patient communications every week. TeleVox software application include appointment reminders, lab test results reporting, online patient inquiry, on-hold messaging, website design, practice marketing services and survey tools.

"Montlimar Place provides a perfect fit for a growing technology firm like TeleVox," commented John Ehli, Senior Vice President and Asset Manager for KBS Realty Advisors. "Montlimar is a modern facility that matches TeleVox's high-tech needs and also provides space for future expansion. We look forward to a long-lasting relationship."

Brokering the TeleVox lease transaction was John Toomey of John Toomey & Company, who represented both the tenant and the owner in the transaction.

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.

 



CONTACT:
Phillip Diment
Communications Manager
Tel: 949.417.6532
pdiment@kbsrealty.com