News RELEASE

Inks Full-floor Lease at Sepulveda Center in West Los Angeles

Technology Service Corp (TSC) Takes 14,942 Square Feet at High-profile 405 Freeway-facing Property Beverly Hills Office of CB Richard Ellis Closes Deal for KBS

Los Angeles, CA - Dec. 21, 2009: KBS Realty Advisors of Newport Beach, Calif., one of the nation’s largest real estate investment advisors, has partnered with CB Richard Ellis to finalize a full-floor, 14,955-square-foot lease at its 12-story Sepulveda Center office tower fronting the 405 Freeway in West Los Angeles. The agreement with Technology Service Corp. (TSC) of Trumbull, Conn., for the entire eighth floor brings the high-profile, 178,157-square-foot building to more than 83 percent occupancy.

Stan Gerlach and Deron White from the Beverly Hills office of CB Richard Ellis represented KBS in the transaction, while Mike Catalano from Studley represented TSC. TSC is scheduled to move into new offices in the building by the end of the year.

TSC is an employee-owned, high-technology company engaged in providing engineering services and specialized products to U.S. government agencies and private industry. The company is moving its California operations office, which provides radar and sensor systems engineering, analysis, modeling and simulation, to Sepulveda Center.

Acquired by KBS in June 2006, Sepulveda Center at 3415 S. Sepulveda Blvd. qualifies as one of the highest-profile office properties in West Los Angeles. The Class-A office building, which fronts the 405 freeway in Los Angeles’ Palms neighborhood, less than a mile from the intersection of the 405 and 10 freeways, features an onsite conference center, deli, 24/7 building access and security, and 360-degree views of West Los Angeles.

“We continue to attract tenants who want maximum visibility, corporate prestige and freeway access in a West Los Angeles location close to LAX and the Westside,” explained Brent Carroll, senior vice president of KBS Realty Advisors. “From a tenant preference standpoint, Sepulveda Center remains at the top of a very short list of properties offering all of these amenities.”

“We are excited about having TSC as another quality tenant in the building. The significant tenant activity we enjoy is a tribute to KBS’ commitment to making significant capital investments in the building including a new HVAC system, new computerized elevator controls, as well as lobby, common area and courtyard remodeling,” said Gerlach.

KBS is one of the largest office buyers in California and the nation. The company currently owns 21 commercial office and industrial properties in the state totaling more than 3 million square feet.

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 investment advisor. KBS Realty Advisors and its affiliate, KBS Capital Advisors, invests in, manages and sells high-quality U.S. commercial real estate assets for institutional, corporate and private investors. Since 1992, KBS has completed transactional activity of approximately $16.5 billion via 19 separate accounts, six commingled funds and two private equity REITs. For more information, visit www.kbsrealty.com.