News RELEASE

KBS Capital Markets Group Names Christopher Nelson as Senior Regional Vice President

16-year Financial Industry Veteran Will Represent KBS Products in Nebraska, Kansas, Iowa and Western Missouri

Newport Beach, CA - September 2, 2009: KBS Capital Markets Group (KBS-CMG), an affiliate of KBS Capital Advisors and KBS Realty Advisors, has named Christopher Nelson as senior regional vice president, responsible for Nebraska, Kansas, Iowa and western Missouri. The Johnston, Iowa, resident will develop and manage broker/dealer and registered investment advisor relationships on behalf of KBS-CMG for KBS Real Estate Investment Trusts.

The announcement was made today by Mike Crimmins, KBS-CMG managing director and chief executive officer. Nelson brings more than 16 years of Midwest-focused financial investment experience to KBS. For the past nine years, he was affiliated with the Des Moines, Iowa, office of AXA Distributors of New York, most recently as senior regional vice president responsible for variable annuity sales in the Midwest. During his tenure with AXA, he consistently ranked among the top independent financial planners in various sales categories, and was a member of the company’s prestigious Chairman’s Club Council in 2004, 2006 and 2007.

Prior to AXA, during his seven-year tenure at Principal Financial Group in Des Moines, he was tasked with strengthening sales and financial advisor relationships on behalf of the company’s mutual fund, variable annuity and employer-sponsored retirement plan offerings. He also served as a Principal internal wholesaler for three of his seven years with the company.

"Chris comes to KBS with unique wholesaler experience and broker/dealer and advisor relationships that will prove exceedingly valuable to our brand and product expansion plans in the Midwest,” explained Crimmins. “His arrival gives KBS that much more of a presence throughout the Midwest.”

Nelson received his bachelor’s degree from the University of Northern Iowa in Cedar Falls and MBA from Drake University in Des Moines.

About KBS Companies
Headquartered in Newport Beach, Calif., KBS Capital Markets Group (www.kbs-cmg.com) is the dealer manager for KBS REIT I and KBS REIT II. KBS Capital Advisors is the advisor for KBS REIT I and KBS REIT II. Both companies are affiliates of KBS Realty Advisors, a private equity real estate company and SEC-registered investment advisor founded in 1992 by Peter Bren and Chuck Schreiber. Since 1992, KBS has completed transactional activity exceeding $16.5 billion via 19 separate accounts, six commingled funds and two private equity REITs. KBS has offices in Newport Beach, San Francisco, Chicago, Boston, Dallas, New York, Washington, D.C., Atlanta and Los Angeles. For information, visit www.kbsrealty.com.

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including discussions regarding KBS REIT’s use of proceeds and certain other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include changes in general economic conditions, changes in real estate conditions, construction delays, changes in interest rates, lease-up risks, lack of financing availability and lack of capital proceeds. This is neither an offer nor a solicitation to purchase securities. Such an offer can be made only by means of a prospectus. To obtain a prospectus, please contact your investment professional or KBS Capital Markets Group, LLC at 660 Newport Center Drive, Suite 1200, Newport Beach, CA 92660, (866)KBS-4CMG.