Kilroy Realty Signed ~520,000 Square Feet Of New Or Renewing Leases Quarter To Date; Includes ~400,000 Square Feet Signed In Nov.
Portfolio Pulse from Benzinga Newsdesk
Kilroy Realty has successfully signed approximately 520,000 square feet of new or renewing leases since the beginning of the quarter. Notably, around 400,000 square feet of these leases were signed in November alone.
December 06, 2023 | 9:43 pm
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POSITIVE IMPACT
Kilroy Realty Corporation has reported robust leasing activity, with a significant portion of leases signed in November, indicating strong demand for their properties and potential revenue growth.
The signing of new or renewing leases is a positive indicator of Kilroy Realty's operational performance and demand for its properties. The substantial amount of space leased, especially the 400,000 square feet in November, suggests that the company is maintaining a strong market presence and could see increased revenues from these leases. This is likely to be viewed positively by investors and could lead to a short-term uptick in the stock price.
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