Kilroy Realty Corporation ("KRC") is a Southern California-based real estate investment trust active in the commercial and industrial property markets of Southern California. Operating as a fully integrated real estate enterprise for over six decades, the company today owns and manages 12.0 million square feet of space located in the high-growth coastal submarkets of Los Angeles, Orange and San Diego counties. At December 31, 2007 the company owned and managed 8.1 million square feet of office space and 3.9 million square feet of industrial space.
KRC also maintains an active, multi-year development program, focusing on economically dynamic locations where anticipated long-term demand is strong, supply is habitually limited and barriers to entry are formidable. KRC has focused its current development program within the principal submarkets of coastal San Diego. In San Diego, KRC has established a market-leading position that extends from La Jolla north to Del Mar and east to the I-15 Corridor.
KRC's core management capabilities span all aspects of real estate, from land acquisition, financing and property development, to construction management, leasing activities and property operations, to long-term strategic portfolio development. This integrated approach to real estate ownership produces efficiencies throughout the company's property operations and creates a sound base from which to navigate the changing market environments that characterize a normal real estate business cycle.
The company's tenants represent the full range of California's diversified economy, including small, medium, and large commercial enterprises in satellite communications, manufacturing, banking, entertainment, insurance, telecommunications, health care, computer software, finance, engineering, technology, and other business and professional services.
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