Business and Finance Business and Finance
Fri, March 30, 2012
Thu, March 29, 2012

Kilroy Realtyas West Los Angeles Buildings Now 98% Leased


Published on 2012-03-29 13:25:54 - Market Wire
  Print publication without navigation


LOS ANGELES--([ ])--Kilroy Realty Corporation (NYSE: KRC) announced today that it has signed two leases totaling 77,080 square feet that bring the companyas 688,000 square foot West Los Angeles portfolio to 98% leased.

At its Westside Media Center campus in Los Angeles, the company signed a 38,881 square foot, full floor, 4.3 year lease with Red Bull to take the 378,000 square foot campus to 99% leased. At its Santa Monica Media Center, the company signed a 38,199 square foot, 10.6 year lease with Crispin Porter to take that project to 100% leased. Both leases commenced in the first quarter of 2012.

Kilroy Realty Corporation, a member of the S&P Small Cap 600 Index, is a real estate investment trust active in premier office and industrial submarkets along the West Coast. For over 60 years, the company has owned, developed, acquired and managed real estate assets, consisting primarily of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego, greater Seattle and the San Francisco Bay Area. At December 31, 2011, the company owned 11.4 million rentable square feet of commercial office space and 3.4 million rentable square feet of industrial space. More information is available at [ www.kilroyrealty.com ].

Contributing Sources