2006 KRC News

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12/22/06Kilroy Realty Breaks Ground on New San Diego Office Property
57,000 Square Foot Development in Sorrento Mesa LOS ANGELES--(BUSINESS WIRE)--Dec. 22, 2006--Kilroy Realty Corporation (NYSE:KRC) today said it broke ground on a new office project in San Diego County, boosting the company's development in the region to 1.1 million square feet in five projects. The five projects under development are 82% pre-leased. When completed, they will increase the company's San Diego portfolio to approximately five million square feet. KRC's newest dev... 
 
12/07/06Kilroy Realty Declares Quarterly Dividends
LOS ANGELES--(BUSINESS WIRE)--Dec. 7, 2006--Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.53 per common share payable on January 18, 2007 to stockholders of record on December 29, 2006. The dividend is equivalent to an annual rate of $2.12 per share. The board of directors also declared a dividend of $0.4875 per share on the company's 7.80% Series E Cumulative Redeemable Preferred Stock for the pe... 
 
10/30/06Kilroy Realty Corporation Reports Third Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Oct. 30, 2006--Kilroy Realty Corporation (NYSE:KRC) today reported financial results for its third quarter ended September 30, 2006 with net income available for common stockholders of $31.6 million, or $0.98 per share, compared to $14.1 million, or $0.49 per share, in the third quarter of 2005. Revenues from continuing operations in the third quarter totaled $63.1 million, up from $59.3 million in the prior year's third quarter. Funds from operations (FF... 
 
09/29/06Kilroy Realty's Third Quarter 2006 Earnings Conference Call
LOS ANGELES--(BUSINESS WIRE)--Sept. 29, 2006--Kilroy Realty Corporation (NYSE: KRC) will hold its quarterly conference call to discuss third quarter financial results on Tuesday, October 31, 2006 at 11:00 am Pacific Time. The phone number for the call is 866-713-8307, passcode 16169922. This call is being webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation's web site at www.kilroyrealty.com. The webcast is also being distributed through the Thomson Street... 
 
09/12/06Kilroy Realty Declares Quarterly Dividends
LOS ANGELES--(BUSINESS WIRE)--Sept. 12, 2006--Kilroy Realty Corporation (NYSE:KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.53 per common share payable on October 18, 2006 to stockholders of record on September 29, 2006. The dividend is equivalent to an annual rate of $2.12 per share. The board of directors also declared a dividend of $0.4875 per share on the company's 7.80% Series E Cumulative Redeemable Preferred Stock for the ... 
 
08/01/06Boeing Exercises Three-Year Extension Option at Kilroy Realty El Segundo Building
LOS ANGELES--(BUSINESS WIRE)--Aug. 1, 2006--Kilroy Realty Corporation (NYSE:KRC) today said that Boeing Satellite Systems has exercised its three-year extension option for all of a 286,151 square foot building located at 2260 East Imperial Highway in El Segundo, California. Under the terms of the extension option, the lease will now expire on July 31, 2010. Rent will be determined through an arbitration process that will be concluded prior to the commencement of the extension period t... 
 
07/31/06Kilroy Realty Signs 146,000 Square Foot Lease with Scripps Health for New Rancho Bernardo Building; New Building To Be Located Along I-15 Corridor At KRC's Innovation Corporate Center
LOS ANGELES--(BUSINESS WIRE)--July 31, 2006--Kilroy Realty Corporation (NYSE:KRC) today said it has signed an 18.5-year lease agreement with Scripps Health for a new 146,000 rentable square foot six-story office building to be built at Innovation Corporate Center, a master-planned, eight-building, 616,000 rentable square foot office campus Kilroy Realty owns in the Rancho Bernardo submarket of San Diego, California. The total estimated investment in the new building is expected to be ... 
 
07/24/06Kilroy Realty Corporation Reports Second Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--July 24, 2006--Kilroy Realty Corporation (NYSE: KRC) today reported financial results for its second quarter ended June 30, 2006 with net income available for common stockholders of $18.0 million, or $0.58 per share, compared to a net loss of $1.6 million, or $0.05 per share, in the second quarter of 2005. Revenues from continuing operations in the second quarter totaled $73.5 million, up from $60.2 million in the prior year's second quarter. Funds from o... 
 
06/27/06Kilroy Realty's Second Quarter 2006 Earnings Conference Call
LOS ANGELES, Jun 27, 2006 (BUSINESS WIRE) -- Kilroy Realty Corporation (NYSE: KRC) will hold its quarterly conference call to discuss second quarter financial results on Tuesday, July 25, 2006 at 11:00 am Pacific Time. The phone number for the call is (800) 435-1398, passcode 98837909. This call is being webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation's web site at www.kilroyrealty.com. The webcast is also being distributed through the Thomson StreetEvents Net... 
 
06/26/06Kilroy Realty to Break Ground on New San Diego Office Property in Regional Development Program That Now Tops One Million Square Feet; Four Projects are 85% Pre-Leased
LOS ANGELES--(BUSINESS WIRE)--June 26, 2006--Kilroy Realty Corporation (NYSE:KRC) today said it will break ground in July on a fourth new office project in San Diego County, boosting the company's development in the region to more than one million square feet. The four projects under development are 85% pre-leased. When completed, they will increase the company's San Diego portfolio to more than five million square feet. KRC's newest development project is a six-story, 143,000 ren... 
 
05/18/06Kilroy Realty Declares Quarterly Dividends
LOS ANGELES--(BUSINESS WIRE)--May 18, 2006--Kilroy Realty Corporation (NYSE:KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.53 per common share payable on July 18, 2006 to stockholders of record on June 30, 2006. The dividend is equivalent to an annual rate of $2.12 per share. The board of directors also declared a dividend of $0.4875 per share on the company's 7.80% Series E Cumulative Redeemable Preferred Stock for the period com... 
 
05/10/06Kilroy Realty Corporation Prices Offering of Common Shares
LOS ANGELES--(BUSINESS WIRE)--May 10, 2006--Kilroy Realty Corporation (NYSE:KRC) today announced that it has priced its public offering of 2,000,000 shares of its common stock at $69.50 per share. The offering is expected to close on May 12, 2006, subject to customary closing conditions. The underwriter has a 30-day option to purchase an additional 300,000 shares of common stock from the Company. All of the shares are being sold by the Company. Banc of America Securities LLC will act ... 
 
05/08/06Kilroy Realty Corporation Announces Offering of Common Shares
LOS ANGELES--(BUSINESS WIRE)--May 8, 2006--Kilroy Realty Corporation (NYSE:KRC) today announced that it intends to issue and sell approximately 2,000,000 shares of its common stock in a public offering and has granted the underwriter an option to purchase 300,000 additional shares, subject to customary closing conditions. All of the shares are being sold by the Company. Banc of America Securities LLC will act as the sole underwriter for the offering. The Company expects to use the net... 
 
04/26/06Kilroy Realty Corporation Upsizes Unsecured Credit Facility to $550 Million
LOS ANGELES--(BUSINESS WIRE)--April 26, 2006--Kilroy Realty Corporation (NYSE:KRC) today reported that it modified its unsecured revolving credit facility to increase the size to $550 million and to extend the term an additional two and a half years to April 2010, with an option to extend the maturity for one additional year. The facility was syndicated to a group of nineteen U.S. and international banks led by J.P. Morgan Securities Inc. and Banc of America Securities LLC, which acte... 
 
04/25/06Kilroy Realty Signs 411,000 Square Foot Lease with Cardinal Health for San Diego Campus; Two-Building Sorrento Mesa Campus to Include New 318,000 Square Foot Facility
LOS ANGELES, Apr 25, 2006 (BUSINESS WIRE) -- Kilroy Realty Corporation (NYSE:KRC) today said it has signed a lease agreement with Cardinal Health (NYSE:CAH) for a two-building campus totaling 411,000 rentable square feet in the Sorrento Mesa submarket of San Diego. Under the ten-year lease, Cardinal Health will occupy a to-be-developed 318,000 square foot state-of-the-art office and manufacturing building and an adjacent existing 93,000 square foot office building. Cardinal Health, ranked ... 
 
04/24/06Kilroy Realty Corporation Reports First Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--April 24, 2006--Kilroy Realty Corporation (NYSE:KRC) today reported financial results for its first quarter ended March 31, 2006 with net income available for common stockholders of $13.5 million, or $0.46 per share, compared to $13.4 million, or $0.47 per share, in the first quarter of 2005. Revenues from continuing operations in the first quarter totaled $63.1 million, up from $59.4 million in the prior year's first quarter. Funds from operations (FFO) ... 
 
03/28/06Kilroy Realty's First Quarter 2006 Earnings Conference Call
LOS ANGELES--(BUSINESS WIRE)--March 28, 2006--Kilroy Realty Corporation (NYSE:KRC) will hold its quarterly conference call to discuss first quarter financial results on Tuesday, April 25, 2006 at 11:00 am Pacific Time. The phone number for the call is (800) 320-2978, passcode 67308927. This call is being webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation's web site at www.kilroyrealty.com. The webcast is also being distributed through the Thomson StreetE... 
 
02/16/06Kilroy Realty Increases Quarterly Common Dividend
LOS ANGELES--(BUSINESS WIRE)--Feb. 16, 2006--Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.53 per common share payable on April 18, 2006 to stockholders of record on March 31, 2006. The dividend is equivalent to an annual rate of $2.12 per share and is a 3.9% increase from the previous annualized dividend level of $2.04. The board of directors also declared a dividend of $0.4875 per share on the c... 
 
01/30/06Kilroy Realty Corporation Reports Fourth Quarter Financial Results
LOS ANGELES--(BUSINESS WIRE)--Jan. 30, 2006--Kilroy Realty Corporation (NYSE:KRC) today reported financial results for its fourth quarter ended December 31, 2005, with a net loss for common stockholders of $1.6 million, or $0.06 per share, compared to net income available for common stockholders of $3.3 million, or $0.12 per share, in the fourth quarter of 2004. Revenues from continuing operations in the fourth quarter totaled $61.0 million, up from $57.2 million in the prior year's f... 
 
01/13/06Kilroy Realty Announces Tax Treatment of 2005 Dividend Distributions
LOS ANGELES--(BUSINESS WIRE)--Jan. 13, 2006--Kilroy Realty Corporation (NYSE:KRC) announced today the tax treatment of its 2005 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: Record Payable Total 2005 2005 2005 2005 Date Date Distribution Taxable Total Un- Return per Share Ordinary Capital... 
 
01/04/06Kilroy Realty's Fourth Quarter 2005 Earnings Conference Call
LOS ANGELES--(BUSINESS WIRE)--Jan. 4, 2006--Kilroy Realty Corporation (NYSE:KRC) will hold its quarterly conference call to discuss fourth quarter financial results on Tuesday, January 31, 2006 at 11:00 am Pacific Time. The phone number for the call is (800) 901-5213, passcode 16425520. This call is being webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation's web site at www.kilroyrealty.com. The webcast is also being distributed through the Thomson Street... 
 


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