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LOS ANGELES--([ BUSINESS WIRE ])--Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a dividend of $0.22917 per share on the companyas 6.875% Series G Cumulative Redeemable Preferred Stock for the period commencing on and including March 27, 2012, and ending on and including May 14, 2012. The dividend will be payable on May 15, 2012, to Series G preferred stockholders of record on April 30, 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 ].