Northern California office property acquired

Behringer Harvard, a Dallas-based commercial real estate company, announced today the acquisition of 4440 El Camino Real, a three-story Class A office building located approximately three miles southeast of Stanford University.

This is Behringer Harvard's eighth acquisition in the state and the first in the San Francisco area by a Behringer Harvard real estate investment program.

El Camino Real has 96,562 square feet of rentable space. Built in 2000 on approximately 1.6 acres of land, the building is served by a two-story underground parking garage with more than 350 spaces and ample additional surface parking.

The building is 100 percent leased to Rambus Inc., a developer of microchip interface technologies that enhance the performance and cost- effectiveness of its customers' semiconductor and system products.

Management of the property has been awarded to Trammell Crow Company.

The building will join 31 other assets in the Behringer Harvard REIT I, Inc., property portfolio, which includes 13 additional states and Washington, D.C.

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