Kilroy Realty (KRC) Reports Q2 FFO of $0.78
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Kilroy Realty Signs Leases Totaling 286,000 Square Feet During the Second Quarter
July 29, 2020 5:04 PM EDTLong Term Leases with Double Digit Increase in Average Rental Rates
LOS ANGELES--(BUSINESS WIRE)-- Kilroy Realty Corporation (NYSE: KRC) today said it signed new or renewing leases on approximately 286,000 square feet in its stabilized portfolio during the second quarter. The leasing activity was spread across several of its West Coast markets, including San Diego, Los Angeles and the San Francisco Bay Area. Average rents in the recently executed leases were up approximately 11% on a cash basis and 30% on a GAAP basis over the prior leases. The... More
