KRC Stock - Kilroy Realty Corp.

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Kilroy Realty Corporation (NYSE: KRC) stands as a leading landlord and developer on the West Coast, boasting a significant presence in key markets including San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has garnered global acclaim for its commitment to sustainability, innovative building operations, and cutting-edge design. By pioneering sustainable practices, KRC not only supports environmental stewardship but also cultivates modern business environments that enhance creativity, productivity, and employee retention. Its properties cater to a diverse array of leading technology, entertainment, life sciences, and business services companies.

As a publicly traded real estate investment trust (REIT) and a constituent of the S&P MidCap 400 Index, Kilroy Realty Corporation boasts over seven decades of experience in developing, acquiring, and managing office and mixed-use projects. As of September 30, 2020, the company's stabilized portfolio encompassed approximately 14.3 million square feet, predominantly comprising office and life science spaces. This portfolio boasted an impressive occupancy rate of 92.2% and a lease rate of 95.5%. Additionally, KRC managed 808 residential units in Hollywood and San Diego, with occupancy rates of 85.0% and 37.5%, respectively.

Looking forward, Kilroy Realty Corporation remains committed to growth and innovation through its seven in-process development projects representing an estimated investment of $1.9 billion. These projects are set to add approximately 2.3 million square feet of office and life science space to its portfolio, which is already 90% pre-leased. By continuing to expand its footprint and uphold its standards of excellence, KRC aims to reinforce its position as a preferred partner in creating vibrant, sustainable communities and driving economic growth across the West Coast.

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