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| 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.