Company: KBSR
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001482430-25-000021
Chunk: 135

Company: KBS Real Estate Investment Trust III, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1
Chunk 135
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 to impose liability for the release of and exposure to hazardous substances, including asbestos-containing materials and lead-based paint.  Third parties may seek recovery from real property owners or operators for personal injury or property damage associated with exposure to released hazardous substances and governments may seek recovery for natural resource damage.  The costs of defending against claims of environmental liability, of complying with environmental regulatory requirements, of remediating any contaminated property, or of paying personal injury, property damage or natural resource damage claims could reduce our net income and adversely impact our results of operations.  All of our real estate properties are subject to Phase I environmental assessments prior to the time they are acquired.  

Industry Segments

We invested in core real estate properties and real estate-related investments with the goal of acquiring a portfolio of income-producing investments.  Our real estate properties exhibit similar long-term financial performance and have similar economic characteristics to each other.  Accordingly, we aggregated our investments in real estate properties into one reportable business segment.  

Human Capital

We have no paid employees.  The employees of our advisor or its affiliates provide management, disposition, advisory and certain administrative services for us.  

Principal Executive Office

Our principal executive offices are located at 800 Newport Center Drive, Suite 700, Newport Beach, California 92660.  Our telephone number, general facsimile number and website address are (949) 417-6500, (949) 417-6501 and www.kbsreitiii.com, respectively.  

Available Information

Access to copies of our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, proxy statements and other filings with the SEC, including amendments to such filings, may be obtained free of charge from the following website, www.kbsreitiii.com, or through the SEC’s website, www.sec.gov.  These filings are available promptly after we file them with, or furnish them to, the SEC.  

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