ITEM 8.01 OTHER EVENTS

February 2022 Distribution to be Paid in Cash

On January 19, 2022, KBS Real Estate Investment Trust III, Inc. (the "Company") announced that the board of directors had authorized a February 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 on February 22, 2022, which the Company expects to pay in March 2022. On February 27, 2022, the Company designated this distribution to be paid in cash to all stockholders as of the record date and not eligible for reinvestment through the Company's Fourth Amended and Restated Dividend Reinvestment Plan.



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