KBS Realty Advisors

News RELEASE


KBS Signs Leases at Two Chicago Suburb Properties

Three agreements bring Mid America Plaza and One Energy Center to 94 percent occupancy

Chicago - Dec. 7, 2011: – KBS Realty Advisors of Newport Beach, Calif. has signed three lease agreements totaling 58,571 square feet at two of its properties in suburban Chicago. Since May 2012, KBS has signed a total of 107,188 square feet at Mid America and One Energy Center.

Prairie Capital, a national fund investor, has relocated its headquarters from Oakbrook Terrace Tower in Oakbrook Terrance, Ill., 30 miles west of downtown Chicago, to an 8,242-square-foot office space in Mid America Plaza located within the same city. In addition, BCS Financial, a Mid America Plaza tenant since 2005, has renewed and expanded its lease from 31,969 square feet to 43,001 square feet on the 10th floor.

Mid America Plaza is a two-building complex offering 407,263 square feet of Class A office space in Chicago's desirable East-West Corridor. KBS has owned the twin 10-story towers located adjacent to the Oakbrook Mall since 2007.

Lyle Levin and Kevin McLennan in the Chicago office of Studley represented BCS Financial and Kevin Rogers of CBRE in Oak Brook, IIl. represented Prairie Capital.

Automated Engineering Services Corp. has added 7,328 square feet to its headquarters lease at OneEnergy Center in Naperville, Ill., 30 miles west of downtown Chicago. A One Energy Center tenant since 2007, the national nuclear utility engineering firm now occupies 21,185 square feet on the third floor. KBS purchased the 94 percent-occupied property in 1999.

One Energy Center is a 162,560-square-foot three-story office building offering easy access to I-88 and I-355. Building features include an onsite deli, a conference room, fitness facility and an interior atrium.

Joel Berger and Ryan Moen with Bradford Allen in Chicago negotiated the lease on behalf of Automated Engineering. Peter Adamo and Bill Ellwood with CB Richard Ellis in Oak Brook represented KBS in all three deals.

KBS and affiliated companies own more than 3.48 million square feet of space in the Chicago area, including the prestigious 300 North LaSalle property in downtown and Oak Creek Business Park.

About KBS
KBS Realty Advisors and its affiliates is a private equity real estate company and SEC-registered investment advisor founded in 1992 by Peter Bren and Chuck Schreiber. Since 1992, KBS-affiliated companies have completed transactional activity exceeding $20.55 billion via 14 separate accounts, six commingled funds, five sovereign wealth funds and five non-traded REITs.
For information, visit www.kbsrealty.com.


Media Contact:
Cindy Tullues or Bob Ochsner
DGWB for KBS Companies
(714) 881-2310
ctullues@dgwb.com
bochsner@dgwb.com