Public West Coast Office REITs Ended 2017 With High Occupancy, Strong Leasing Activity
March 13, 2018

Public West Coast Office REITs Ended 2017 With High Occupancy, Strong Leasing Activity

Demand remains high for office space across California and the West Coast. Office dynamics were strong during the fourth quarter and throughout 2017 with public REITs reporting significant leasing activity, especially at new construction projects. High demand and low supply have been particularly helpful for new leases in the San Francisco Bay Area. Check out how some of the largest public REITs operating on the West Coast did last quarter and company expectations for 2018.

Kilroy Realty Corp.

During the fourth quarter, Kilroy Realty Corp. signed 1.4M SF of new leases and signed 678K SF of new or renewal leases within its stabilized portfolio, Kilroy Realty CEO John Kilroy said during a call with investors. Rents went up…

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Got news? Email Bay Area reporter Julie Littman at julie.littman@bisnow.com!