Kbs Real Estate Invt Tr Iii Inc. · OTC:KBSR
Kbs Real Estate Invt Tr Iii — KBS Real Estate Investment Trust III — Corporate Update (August 2018)
21 slides from Kbs Real Estate Invt Tr Iii's corporate update, Aug 22, 2018
Slide 1: KBS Real Estate Investment Trust III Portfolio Update
KBS Real Estate Investment Trust III Portfolio Update | August 22, 2018
Slide 2: Important Disclosures
IMPORTANT DISCLOSURES KBS |: ‘The information contained herein shouldbe read in conjunction with, and is quaifled by, the information in KBS Real Estate Investment Trust's (the ‘Company’ Annual Report on Form 10-K forthe year ended December 31, 2017, and inthe Companys Quarterly Report on Form 10-@
Slide 3: About KBS
AsouT KBS > Formed by Peter Bran and Chuck Schreiber in 1992. Over 26 years of investment and management experience with extensive long-term investor relationships. ‘Transactional volume in excess of $37.7 billion’, AUM of $11.4 billion’ and 37.5 milion square feet under management! » Bt Largest Off
Slide 4: Regional Focus Map
REGIONAL Focus Map mms ‘° PORTLAND. . MINNEAPOLIS 2 A @ BOSTON Crave) ° NEW YORK ¢! 'SCOMMEASy fo ‘ 4 SILICON VALLE SALTLAKE @ WASHINGTON, CITY DENVER NASHVILLE RALEIGH 0s . e Los Aner PHOENIX E COUNTY @ a A /SAN DIEGO ates DALLAS @ ° AUSTIN @HousTON
Slide 5: KBS REIT III Asset Map
KBS REIT Ill Asset Map
Slide 6: Portfolio Highlights
PORTFOLIO HIGHLIGHTS 4s or sune 30, 2018, untess omerwnse NoTED OFFERING OVERVIEW Offering Commenced May 24,2011 Offering Closed July 28, 2015 Total Capital Raised in Primary Offering $1,722,838,000 ‘Additional pital Raised from Distribution Reinvestments $253,246,000, Daily Distribution Rate Per Sh
Slide 7: Portfolio Summary
PORTFOLIO SUMMARY 15 0¢ June 0, 2018
Slide 8: Capital Management
CAPITAL MANAGEMENT 1s or June 30, 2018, untess orenwse NoreD Initial Debt Maturities saassen Total debt © $2.0Billion —— Eo n-To- 51% Value sasyan0 way ae ‘Average cost 3.75% per annum “$i ae of debt Fr < Interest Rate Exposure {iomillions) ‘Average term 1193 years to maturity foie mateo aed Rate De
Slide 9: Portfolio Overview
No. of Assets Total Rentable Sq. Ft Wtd Avg Lease Term Economic Occupancy Leased Occupancy No. of Tenants & Yq PORTFOLIO OVERVIEW as or June 30, 2018 KBS |: 30 11,185,208 45 years 92.5% 94.8% 854 Allocation by Major Markets and Region (By Dollar Amount Invested) (1) Represent ss th
Slide 10: Tenancy Overview
TENANCY OVERVIEW as or June 30, 2018 el Harare Vilage (2) Represents ess han 29% concentaton, 0
Slide 11: Leased % at Acquisition vs. Actual Leased %
Leased% at Acquisition!"!vs. Actual Leased % average lose percentage as ofthe aquston dat taking Into account al real esate owned as ofeach respacive date. Lease % 3505 that had been executed but had nol yet commenced as of June S0, 2018. KBS REIT II's lvesiment In an unconsldated ot ‘Vontire and ea
Slide 12: Stockholder Performance — December 2017
STOCKHOLDER PERFORMANCE — DECEMBER 2017 Tot eur for ist Csh nestor Tot eur or Lat ash mvestor sues sa cone + suas, ~ suas me i | suse
Slide 13: Sold and Liquidated Assets
SOLD AND LIQUIDATED ASSETS (Eaurry ann Dest) Rocklin Corporate Center Location Rocklin, CA, Property Type: Class A Office Size 220,020 SF Occupancy: 99% ‘Acquisition Date: vera Purchase Price: $32.8 milion Cost Basis at Sale $36.6 milion Sale Date: osi25re Sale Price: $428 milion Intomal Rate of Ret
Slide 14: Property Update: Hardware Village Apartments Development
PROPERTY UPDATE Hardware Village Apartments Development Location: Salt Lake City, UT Property Type: Class A Multifamily Deal Structure: JV with Salt Development Acquisition Date September 2, 2016 Projected Development Cost: $128.8 million No. of Buildings: 2 Size: 453-unit Occupanoy: 6% Expected lea
Slide 15: Property Update: Hardware Village Apartments Development
PROPERTY UPDATE Hardware Village Apartments Development
Slide 16: Property Update: Village Center Station II Development
PROPERTY UPDATE Village Center Station Il Development Location: Greenwood Village, CO Property Type: Class A Office Deal Structure: JV with Shea Properties Acquisition Date March 3, 2017 Projected Cost: $127.3 million No. of Buildings: 2 Size: 325,576 Sq. Ft. Leased Occupancy: 100% Completion: ‘Seco
Slide 17: Real Estate: Almaden Investment at a Glance
RealEstate inet Ten Almaden KBS Investment at a Glance Location Son Jose, CA PropertyType Glass AOTfce Acquistion Date December 5.2014 No. of Bulcings 1 —s Stories 7 ——_ Ste Sze ES J Year BullfRenovated 1988/2010 meet Leated % at Acquistion 89.20% Curent Leased Occupancy 6/80/18 243% ‘Avg. Rental Ra
Slide 18: Real Estate: Congress Investment at a Glance
eal Estate KBS ne" 515 Congress Investment at a Glance Location Austin, De Property Type Class A Office ‘Acquisition Date ‘August 31, 2015 Purchase Price ‘$112,500.00 No. of Buildings i Stories ry Total Rentable Square Feet 263058 SF ‘Site Se (0154 Acres Year Bult/Renovated 1975/2018 Leased % at Acq
Slide 19: Real Estate: 17th Street Investment at a Glance
KBS state inet 171 17* Street Investment at a Glance Tocation Rilanta, GA Properly Type Cass Ace ‘Acavistion Date ‘August 25,2014 Purchase Price $$132,500,000 No.of Bulaings 1 Stories 2 Total Rentable Square Fee? 510266 SF Site See 0.68 Acres YearBuil/Renovaied 2008 Leased & af Acquistion 3.90% Cure
Slide 20: Q&A
Q&A
Slide 21: Thank You!
THANK YOU!
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