KBS REAL ESTATE INVESTMENT TRUST III, INC. (OTCMKTS:KBRS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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KBS REAL ESTATE INVESTMENT TRUST III, INC. (OTCMKTS:KBRS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

Departure of Director
On March 27, 2017, Hank Adler notified the board of directors of KBS Real Estate Investment Trust III, Inc. (the “Company”) of his decision to resign as a member of the Company’s board of directors (the “Board”) effective immediately. The decision of Mr. Adler to resign as a member of the Board was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

About KBS REAL ESTATE INVESTMENT TRUST III, INC. (OTCMKTS:KBRS)

KBS Real Estate Investment Trust II, Inc. is a real estate investment trust. The Company holds investments in a portfolio of real estate and real estate-related investments. The Company’s segments include real estate and real estate-related. Under the real estate segment, it has investments in office, office/flex and industrial properties. Under the real estate-related segment, it invests in or originates mortgage loans and an A-Note. The Company conducts its business primarily through KBS Limited Partnership II. Its properties are located in the United States. Its portfolio of real estate consists of approximately 10 office properties, an office/flex property and an office campus consisting of over eight office buildings, encompassing in the aggregate approximately 5.2 million rentable square feet. Its properties include Corporate Technology Centre in San Jose, California; Union Bank Plaza in Los Angeles, California, and 300-600 Campus Drive Buildings in Florham Park, New Jersey.

KBS REAL ESTATE INVESTMENT TRUST III, INC. (OTCMKTS:KBRS) Recent Trading Information

KBS REAL ESTATE INVESTMENT TRUST III, INC. (OTCMKTS:KBRS) closed its last trading session 00.00 at 4.60 with 2,188 shares trading hands.