2014 KRC News

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09/16/14Box, Inc. Leases 100% of Kilroy Realty’s New Redwood City, California Office Development Project
LOS ANGELES--(BUSINESS WIRE)--Sep. 16, 2014-- Kilroy Realty Corporation (NYSE: KRC) today said that Box, Inc. (“Box”), a leading provider of secure cloud content management services for global businesses, has signed an approximate 12-year lease for 100% of Crossing/900, the 334,000 square foot, Korth Sunseri Hagey-designed two-building office project currently under construction in Redwood City, California, steps away from the city’s Caltrain stat... 
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09/15/14Kilroy Realty Declares Quarterly Dividends
LOS ANGELES--(BUSINESS WIRE)--Sep. 15, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.35 per common share payable on October 15, 2014 to stockholders of record on September 30, 2014. The dividend is equivalent to an annual rate of $1.40 per share. The board of directors also declared a dividend of $0.4296875 per share on the company’s 6.875% Series G... 
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09/04/14GRESB Names Kilroy Realty Corporation North American Leader in Sustainability
Earns Green Star Designation for 2014 LOS ANGELES--(BUSINESS WIRE)--Sep. 4, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that it has been named the North American leader in sustainability by the Global Real Estate Sustainability Benchmark (GRESB). GRESB is widely recognized as the most rigorous standard for measuring the sustainability performance of real estate companies and funds, and GRESB participation has become standard p... 
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07/30/14Kilroy Realty, L.P. Prices $400.0 Million of 4.25% Senior Unsecured Notes Due 2029
LOS ANGELES--(BUSINESS WIRE)--Jul. 30, 2014-- Kilroy Realty Corporation (NYSE:KRC) today announced that its operating partnership, Kilroy Realty, L.P., has priced the underwritten public offering of $400.0 million aggregate principal amount of its 4.25% senior unsecured notes due 2029 (the “Notes”). The Notes will pay interest semi-annually at a rate of 4.25% per annum and mature on August 15, 2029. The Notes were priced at 98.882% of the principal amoun... 
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07/28/14Kilroy Realty Corporation Reports Second Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Jul. 28, 2014-- Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its second quarter ended June 30, 2014. Second Quarter Highlights Funds from operations (FFO) of $0.72 per share Net income available to common stockholders of $0.32 per share, including a gain from dispositions of $0.17 per share and a gain on sale of land of $0.04 per share ... 
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07/28/14NeueHouse to Occupy 93,000 Square Foot Radio and Business Buildings at Kilroy Realty’s Columbia Square in Hollywood
LOS ANGELES--(BUSINESS WIRE)--Jul. 28, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that it has entered into a 93,000 square foot lease agreement with New York City-based NeueHouse, which will bring its private membership collaborative concept to KRC’s Columbia Square in the first quarter of 2015. The 15-year transaction is the largest lease to be signed in Hollywood in more than five years. NeueHouse will occupy all of the... 
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07/21/14Kilroy Realty Executes Agreement to Acquire Central SOMA Development Opportunity
Filed by Kilroy Realty Corporation Commission File No. 1-12675 Pursuant to Rule 425 Under the Securities Act of 1933 And Deemed Filed Pursuant to Rule 14a-12 Under the Securities Exchange Act of 1934 Subject Company: Kilroy Realty Corporation Commission File No. 1-12675 This filing relates to the proposed merger of Kilroy Realty Corporation, a Maryland corporation (“KRC”), and San Francisco Flower Growers' Association, a Calif... 
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06/30/14Kilroy Realty's Second Quarter 2014 Earnings Conference Call
LOS ANGELES, June 30, 2014 (GLOBE NEWSWIRE) -- Kilroy Realty Corporation (NYSE:KRC) has scheduled its quarterly conference call to discuss its second quarter 2014 financial results on Tuesday, July 29, 2014 at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time). The phone number for the call is (888) 713-4214, passcode: 87335700. This call is being Webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation's Website at www.kilroyrealty.com. The Webcast is also being distribute... 
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06/23/14Kilroy Realty Completes Amendment to Its Unsecured Credit Facility and Term Loan
The Company upsizes, extends term and lowers pricing on its credit line LOS ANGELES--(BUSINESS WIRE)--Jun. 23, 2014-- Kilroy Realty Corporation (NYSE:KRC) today announced that its operating partnership, Kilroy Realty, L.P., completed an amendment (the “Amendment”) to its $500 million unsecured credit facility and $150 million term loan facility, together, “the Facility.” The Amendment reduced the borrowing costs and extended the maturity date ... 
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06/19/14Kilroy Realty Corporation Unveils Design Plans for Its Academy Project in Hollywood
LOS ANGELES--(BUSINESS WIRE)--Jun. 19, 2014-- Kilroy Realty Corporation (NYSE: KRC) unveiled plans for its 475,000-square-foot creative media mixed-used office campus near Sunset and Vine in Hollywood, California. The company acquired the site from The Academy of Motion Pictures Arts and Sciences in the fourth quarter of 2013. Encompassing a full city block bounded by Vine Street, DeLongpre Avenue, Ivar Avenue and Homewood Avenue, the low-... 
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06/12/14Mike Grisso Joins Kilroy Realty as Senior Vice President, Development and Land Planning
LOS ANGELES--(BUSINESS WIRE)--Jun. 12, 2014-- Kilroy Realty Corporation (NYSE: KRC) today said that current Senior Project Manager for the Office of Community Investment and Infrastructure (“OCII”) for the City and County of San Francisco, Mike Grisso, has agreed to join the West Coast real estate investment trust to assist in the company’s entitlement, land planning, and development efforts. Mr. Grisso will join KRC in mid-July after 11 y... 
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06/02/14Kilroy Realty Acquires 3.1 Acre Development Site in San Francisco’s Growing Mission Bay Neighborhood
West Coast REIT Expects to Begin Construction on 680,000 Square-Foot Mid-Rise Office Campus in 2015 The project will be Mission Bay’s gateway to the nearby millennial neighborhoods LOS ANGELES--(BUSINESS WIRE)--Jun. 2, 2014-- Kilroy Realty Corporation (NYSE:KRC) today said it has completed a $95 million acquisition of a high-identity, 3.1 acre, fully entitled development site in San Francisco’s Mission Bay neighborhood, one of t... 
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05/23/14Gary R. Stevenson and Peter B. Stoneberg Join Kilroy Realty Corporation’s Board of Directors
LOS ANGELES--(BUSINESS WIRE)--May 23, 2014-- Kilroy Realty Corporation (KRC:NYSE) today announced that Gary R. Stevenson and Peter B. Stoneberg have joined the company’s board of directors. Mr. Stevenson is president and managing director of MLS Business Ventures, the business division of Major League Soccer. Over the past two decades, Mr. Stevenson has held leadership positions with PAC-12 Enterprises, the National Basketball Association,... 
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05/22/14Kilroy Realty Declares Quarterly Dividends
LOS ANGELES--(BUSINESS WIRE)--May 22, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.35 per common share payable on July 16, 2014 to stockholders of record on June 30, 2014. The dividend is equivalent to an annual rate of $1.40 per share. The board of directors also declared a dividend of $0.4296875 per share on the company’s 6.875% Series G Cumulati... 
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05/08/14Kilroy Realty Corporation Joins Inaugural Class of Green Lease Leaders
LOS ANGELES--(BUSINESS WIRE)--May 8, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that it has earned the Green Lease Leader designation from the Institute of Market Transformation (IMT), a non-profit organization that promotes energy efficiency within the real estate industry. The new recognition program, developed with support from leading real estate experts, distinguishes property owners, tenants, and brokers who are effectively using ... 
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04/30/14Kilroy Realty Corporation Reports First Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Apr. 30, 2014-- Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its first quarter ended March 31, 2014. First Quarter Highlights Funds from operations (FFO) of $0.66 per share Net income available to common stockholders of $1.14 per share, including a net gain of $1.07 per share on dispositions Revenues from continuing operation... 
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04/30/14Kilroy Realty Signs 10-Year Lease with Riot Games for 100% of 12312 W. Olympic Blvd
LOS ANGELES--(BUSINESS WIRE)--Apr. 30, 2014-- Kilroy Realty Corporation (NYSE: KRC) continues to deliver strong leasing results and announced today that it has signed a 10-year lease with Riot Games, for 100% of 12312 W. Olympic Blvd., a 77,000 square foot office building located in Westside Media Center, KRC’s headquarters campus in West Los Angeles. Riot Games, the developer and publisher of League of Legends, a competitive online game with over ... 
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04/29/14Kilroy Realty Corporation Wins 2014 ENERGY STAR Partner of the Year Award
LOS ANGELES--(BUSINESS WIRE)--Apr. 29, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that the U.S. Environmental Protection Agency (EPA) has recognized KRC as a 2014 ENERGY STAR Partner of the Year. EPA's annual ENERGY STAR Awards honor organizations that have made outstanding contributions to protecting the environment through superior energy efficiency. The award winners are chosen from nearly 20,000 partners that participate in the ... 
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04/08/14Kilroy Realty's First Quarter 2014 Earnings Conference Call
LOS ANGELES, April 8, 2014 (GLOBE NEWSWIRE) -- Kilroy Realty Corporation (NYSE:KRC) has scheduled its quarterly conference call to discuss its first quarter 2014 financial results on Thursday, May 1, 2014 at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time). The phone number for the call is (888) 713-4211, passcode: 64869201. This call is being Webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation's Website at www.kilroyrealty.com. The Webcast is also being distributed ... 
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03/13/14Kilroy Realty Acquires Premier Life Science Property in South Lake Union
LOS ANGELES--(BUSINESS WIRE)--Mar. 13, 2014-- Kilroy Realty Corporation (NYSE: KRC) today announced that it has acquired for $106.1 million, a four-story, LEED Gold-certified, life science property located at 401 Terry Avenue North in the heart of the South Lake Union submarket of Seattle. The project includes a three-level subterranean parking structure that provides an above market parking ratio of 2/1,000 and is immediately adjacent to KRC’s tw... 
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02/13/14Kilroy Realty Declares Quarterly Dividends
LOS ANGELES--(BUSINESS WIRE)--Feb. 13, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.35 per common share payable on April 16, 2014 to stockholders of record on March 31, 2014. The dividend is equivalent to an annual rate of $1.40 per share. The board of directors also declared a dividend of $0.4296875 per share on the company’s 6.875% Series G Cumul... 
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02/03/14Kilroy Realty Corporation Reports Fourth Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Feb. 3, 2014-- Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its fourth quarter ended December 31, 2013. Fourth Quarter Highlights Funds from operations (FFO) of $0.67 per share Net income available to common stockholders of $0.23 per share Revenues from continuing operations of $120.6 million Stabilized portfo... 
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02/03/14Dropbox Leases 100% of Kilroy Realty’s New Office Development Project at 333 Brannan Street in San Francisco’s SOMA District
LOS ANGELES--(BUSINESS WIRE)--Feb. 3, 2014-- Less than two months after the project groundbreaking, Kilroy Realty Corporation (NYSE: KRC) today said it has signed a 12-year lease with cloud storage and data-syncing leader Dropbox for 100% of the real estate investment trust’s 182,000 square foot, William McDonough-designed office property currently under construction at 333 Brannan Street in San Francisco’s South of Market (SOMA) district. 333 Bra... 
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01/30/14Kilroy Realty Announces Tax Treatment of 2013 Dividend Distributions
LOS ANGELES--(BUSINESS WIRE)--Jan. 30, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today the tax treatment of its 2013 dividend distributions. The company's total dividend distributions per share of common stock (CUSIP #49427F108) are to be classified for income tax purposes as follows:       ... 
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01/30/14Kilroy Realty Corporation Acquires Hollywood Development Site for Planned Mixed-Use Media Campus
LOS ANGELES--(BUSINESS WIRE)--Jan. 30, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that it has acquired from The Academy of Motion Pictures Arts and Sciences (AMPAS), in an off-market transaction, an approximate four-acre parcel near the intersection of Sunset Boulevard and Vine Street in Hollywood, CA for $46 million. Encompassing a full city block, the Academy site, which was originally intended for the Academy Museum of... 
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01/16/14Kilroy Realty Announces The Residences at Columbia Square
LOS ANGELES--(BUSINESS WIRE)--Jan. 16, 2014-- Kilroy Realty Corporation (NYSE: KRC) today announced its plans for The Residences at Columbia Square, a 20-story luxury residential tower that will serve as a centerpiece of Columbia Square, an approximate $385 million, 675,000-square-foot mixed-use creative office, residential and retail development now under construction on the site of the historic CBS broadcast facility on Sunset Boulevard in Holly... 
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01/10/14Kilroy Realty Completes $327 Million Sale of San Diego Office Properties
LOS ANGELES--(BUSINESS WIRE)--Jan. 10, 2014-- Kilroy Realty Corporation (NYSE: KRC) announced today that it has completed the disposition of 13 San Diego office properties in two tranches for total gross proceeds of approximately $327 million. In aggregate, the portfolio included 1.1 million square feet and was approximately 91% leased. As part of the company’s capital recycling strategy, the company will reinvest the proceeds into its expanding ... 
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01/06/14A. Robert Paratte Joins Kilroy Realty as Executive Vice President, Leasing and Business Development
LOS ANGELES--(BUSINESS WIRE)--Jan. 6, 2014-- Kilroy Realty Corporation (NYSE: KRC) today said that veteran commercial real estate professional A. Robert Paratte has joined the West Coast real estate investment trust to oversee the company’s leasing and business development activities from Seattle to San Diego. In his new role, Paratte will pursue new build-to-suit opportunities, cultivate and expand the company’s roster of key tenant relationships, ... 
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01/06/14Kilroy Realty's Fourth Quarter 2013 Earnings Conference Call
LOS ANGELES, Jan. 6, 2014 (GLOBE NEWSWIRE) -- Kilroy Realty Corporation (NYSE:KRC) has scheduled its quarterly conference call to discuss its fourth quarter 2013 financial results on Tuesday, February 4, 2014 at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time). The phone number for the call is (888) 680-0890, passcode: 29128751. This call is being Webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation's Website at www.kilroyrealty.com. The Webcast is also being distribu... 
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