News RELEASE


Consulting Group Signs 9,902 SF Lease at Office Alpha in North Dallas


Dallas, TX, October 27, 2003:
Enterprise Resource Group, Inc. and Ascendix Technologies, Inc. have teamed up to expand their presence to 9,902 sq. ft. at Office Alpha a 101,977 SF mid-rise office property in Dallas, TX. The property is owned and operated by investment advisory firm, KBS Realty Advisors.

Based in Washington, D.C., Enterprise Resource Group (ERG) is a leading management consulting firm helping organizations to improve their strategy, growth, operations and results to private, public and non-profit clients in over 15 countries worldwide. Ascendix Technologies is teaming up with ERG for the Office Alpha space. Ascendix is a leading software provider offering mid-market companies a comprehensive variety of CRM related products and services that can be implemented on a turn-key basis.

According to KBS Senior Vice President, Walter Foster, the lease was signed on August 25 for a term of four years. The transaction was brokered by Matt Didyk and John Waller of Transwestern Commercial Services.

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.

 



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