Kilroy Realty Grows Seattle Footprint With $490 Million Acquisition
Fully Leased Seattle Highrise Offers Near Term Accretion With Releasing Upside
Kilroy Realty Corporation (NYSE:KRC) today announced that it completed the acquisition of West 8th, a 28-story, LEED Platinum, 539,000 square foot office building in Seattle. The premier office project is located in the vibrant and highly amenitized Denny Regrade submarket. Anchored by Amazon, Inc., West 8th will bring immediate strategic benefits, including enhancement to the company's already strong tenant credit profile, the potential to increase below-market rents on a near term expiration and the expansion of the company's best-in-class office portfolio that meets the needs of the modern tenant.
West 8th,
