News RELEASE

KBS Acquires Warrenville's Diehl Point at Cantera

Warrenville, IL -- December 2, 2005:  KBS Realty Advisors (www.kbsrealty.com), one of the nation’s leading buyers of commercial real estate, announced it recently acquired 27755 and 27775 Diehl Point, two office buildings totaling 88,592 sq. ft., located in Warrenville, IL.  The Levy Organization sold the single-story Class A office properties to KBS on November 8, for a gross purchase price of $16,575,000.

Built in 1999, the well-maintained property is located at the intersection of Diehl and Winfield Roads within the Cantera Business Park located immediately south of the Winfield Road exit on I-88.  The Cantera development currently boasts an occupancy rate above 90% with an inventory of approximately two million sq. ft.  The office complex is anchored by First American Title and ENSR Corp.

“We are very pleased with the opportunity to acquire two well-leased office buildings within the highly  regarded Cantera  master-planned development" commented Bill Rogalla, senior vice president for KBS.  "The buildings' quality, location and outstanding tenancy made this a very attractive acquisition. We also want to thank David Justh, Rana Lee, and Raymond Zanca with CB Richard Ellis who brokered this transaction."

Headquartered in Newport Beach, CA, KBS Realty Advisors (www.kbsrealty.com) is a premier real estate investment firm that has invested over $5.6 billion since the company’s inception in 1992. KBS was founded and is operated by Peter Bren, President and Chairman and Charles J. Schreiber, Jr., CEO. KBS has offices in Newport Beach, San Francisco, Chicago, Boston, New York and Washington, DC.