KBS Real Estate Investment Trust III, Inc.

KBS Real Estate Investment Trust III, Inc. is a Maryland corporation that operates as a real estate investment trust (REIT). The company conducts its business primarily through its Operating Partnership, KBS Limited Partnership III, of which it is the sole general partner. KBS Real Estate Investment Trust III, Inc. has invested in a diverse portfolio of real estate. As of December 31, 2025, the company owned 12 office properties and held an investment in the equity securities of a Singapore real estate investment trust (SREIT). The company commenced its initial public offering on October 26, 2010, with the primary portion terminating in July 2015. KBS Capital Markets Group LLC was the dealer manager for the offering. The company sold 169,006,162 shares of common stock in its primary initial public offering for gross proceeds of $1.7 billion. Additionally, 46,154,757 shares of common stock were sold under its dividend reinvestment plan for gross proceeds of $471.3 million. The company has redeemed or repurchased 74,644,349 shares for $789.2 million. On March 15, 2024, the dividend reinvestment plan and share redemption program were terminated. On October 3, 2014, the company issued 258,462 shares of common stock for $2.4 million in private transactions.