ITEM 8.01 OTHER EVENTS Distributions Declared OnJanuary 18, 2022 ,KBS Real Estate Investment Trust III, Inc.'s (the "Company") board of directors authorized aJanuary 2022 distribution in the amount of$0.04983333 per share on the outstanding shares of the Company's common stock to stockholders of record as of the close of business onJanuary 24, 2022 , which the Company expects to pay inFebruary 2022 , and aFebruary 2022 distribution in the amount of$0.04983333 per share on the outstanding shares of the Company's common stock to stockholders of record as of the close of business onFebruary 22, 2022 , which the Company expects to pay inMarch 2022 . Investors may choose to receive cash distributions or purchase additional shares through the Company's dividend reinvestment plan. 1
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