News RELEASE

Hyatt Legal Plans Extends Lease at Eaton Center

Cleveland, OH -- September 27, 2004: On August 31, 2004, a lease extension amendment on 23,787 square feet of space was signed with Hyatt Legal Plans for an additional six and a half years at Eaton Center, a 616,381 sq. ft. premier office tower in the Cleveland CBD. The property is owned and operated by investment advisory firm, KBS Realty Advisors (www.kbsrealty.com).

Hyatt Legal Plans (www.hyattlegal.com), a wholly owned subsidiary of MetLife, helps employers increase the value of their benefits plans by providing employees with convenient access to legal services they may not be able to afford on their own. Hyatt Legal Plans has been administering group legal plans since 1990, and is a leading provider of this benefit, serving nearly one million employees and their families.

"We are very pleased to be able to provide an attractive, high-quality office location for Hyatt Legal Plans," commented KBS Senior Vice President and Asset Manager, Charlie Valentino. "We were also pleased with the professional service extended to us by Doug Leary of CB Richard Ellis (www.cbre.com), who served as the broker for KBS in this 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.