KILROY REALTY Business Summary

Kilroy Realty Corp (KRC) is a self-administered real estate investment trust (REIT) that generates revenue primarily through the leasing and management of a premium portfolio of office, life science, and mixed-use properties. The company’s business is segmented into its core Office portfolio, which targets high-growth technology and media firms, and its Life Science segment, which provides specialized laboratory and R&D space in premier innovation clusters. As of early 2026, KRC manages approximately 17 million square feet of space across key West Coast markets—including Los Angeles, San Diego, the San Francisco Bay Area, and Seattle—as well as Austin, Texas. KRC competes directly with major REITs such as Boston Properties (BXP), Alexandria Real Estate Equities (ARE), and Hudson Pacific Properties (HPP). Within this landscape, KRC distinguishes itself through its focus on modern, LEED-certified sustainable developments and a tenant base where technology and life science sectors represent roughly 70% of annualized base rent. Founded in 1947 by John B. Kilroy Sr., the company is currently led by Chief Executive Officer Angela M. Aman, who assumed the role in early 2024 to drive portfolio reshaping and disciplined capital redeployment. The executive leadership team includes President Justin W. Smart, a veteran with over three decades of development expertise, and Executive Vice President and CFO Jeffrey R. Kuehling, who manages the firm’s financial operations and 2026 guidance. Strategic acquisitions and dispositions are directed by Eliott L. Trencher, Executive Vice President and Chief Investment Officer. In February 2026, the company refreshed its governance by appointing Gary R. Stevenson as Chair of the Board and adding independent directors Cia Buckley Marakovits and David Kieske. KRC remains a staple for institutional investors like Vanguard and BlackRock, benefiting from its reputation as a premier developer in high-growth, high-barrier-to-entry urban markets.