An undisclosed buyer agreed to acquire Fountainhead Plaza in Tempe, Arizona from KBS Real Estate Investment Trust II, Inc. (OTCPK:KBRS) for approximately $120 million on August 9, 2021. Pursuant to the Fountainhead Plaza Agreement, the sale price for Fountainhead Plaza is $117.5 million, before closing credits as provided in the Fountainhead Plaza Agreement. The closing date is expected to be September 8, 2021.