Home Commercial Kilroy’s Bay Area Occupancy Drops to 75.2% as Cooley Anchors 251,000 SQFT Redwood City Tower
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Kilroy’s Bay Area Occupancy Drops to 75.2% as Cooley Anchors 251,000 SQFT Redwood City Tower

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view of the San Francisco Bay from Marin
Photo by Cedric Letsch on Unsplash
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A 1,160-basis-point year-over-year occupancy slide in the Bay Area, driven by Kilroy Oyster Point Phase 2, lands alongside a substantially pre-leased Peninsula development that signals the REIT's next chapter. Kilroy Realty Corporation's largest market by square footage is also its weakest. The Los Angeles-based REIT reported San Francisco Bay Area stabilized office occupancy of 75.2 […]

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