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| News RELEASE |
KBS Realty Advisors Promotes Robin Burke to Senior Vice President, Acquisitions
KBS Realty Advisors to Open Office in Atlanta
Washington DC – December 10, 2007: KBS Realty Advisors, one of the nation’s leading commercial real estate investment advisors, announced that Robin Burke has been promoted to Senior Vice President, Acquisitions effective December 1. Based in the firm’s Washington DC office, Burke will report to Chuck Lindwall, President of the Eastern Region, and will spearhead all company acquisitions in the Mid-Atlantic region including Maryland, Washington DC, Virginia, North Carolina and West Virginia.
“Over the past six months, Robin has played a key role in over $120 million in new acquisitions and dispositions. I have been extremely pleased with her performance”, said Mr. Lindwall, “and have decided to offer her this new challenge as a way of making sure that she makes the maximum contribution to our success possible. Talent like this is hard to find, and it’s essential that it is put to effective use.”
KBS has also announced plans to strengthen its southeast presence with the planned opening of an Atlanta office, adding another team to the Eastern Region. “KBS is committed to the concept of having ‘boots on the ground’ in our major markets so that we can react more quickly and intelligently to opportunities, as well as challenges,” said Lindwall.
The new office follows the firm’s approximately $2 billion of acquisition activity during the 2007 calendar year and plans to repeat those efforts in 2008. KBS is a regionally-aligned organization that is headquartered in Newport Beach, California, with additional offices in Los Angeles, San Francisco, Chicago, Dallas, New York and Washington D.C.
About KBS Realty Advisors
Founded by Peter Bren and Chuck Schreiber in 1992 as a private equity real estate company, KBS Realty Advisors is a SEC registered real estate investment advisor. KBS invests in, manages and sells high quality U.S. commercial real estate assets for institutional, corporate and private investors. Since 1992 the company has completed transactional activity of approximately $13 billion via 18 separate accounts, six commingled funds and a private equity REIT. For more information, visit www.kbsrealty.com.