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| News RELEASE |
Manhard Consulting
Expands by 10,161 SF at Oak Creek Business Park in Lombard
Lombard, IL -- December 8, 2003: Manhard Consulting, Ltd., (www.manhard.com),
a leading civil engineering firm, leased an additional 10,161 sq. ft. of office
space at Oak Creek Center in Lombard, IL. The 13-building, 491,792 sq. ft. office
complex is owned and operated by investment advisory firm KBS Realty Advisors
(www.kbsrealty.com) KBS acquired the property in November 1999.
Manhard Consulting, founded in 1972, today provides a wide range of services,
including civil/sanitary engineering, surveying, environmental services, water
resources engineering, support services, construction services, landscape architecture
and land planning. Manhard now occupies a total 22,981 sq. ft. at Oak Creek
Center.
The lease transaction was negotiated by John Coleman and Jeff Ludwig of The
Alter Group (www.altergroup.com) leasing and management agents for the park
on behalf of KBS. Kevin Veon of GVA Williams. (www.gvawilliams.com), represented
the tenant.
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.