Kilroy Realty Corporation (NYSE: KRC, the “company”, "Kilroy") today announced it signed approximately 223,000 square feet of new or renewing leases in its stabilized and development portfolio in October. Average rents in the recently executed leases were up approximately 18.5% on a cash basis and 45.5% on a GAAP basis over the prior leases. Year to date, KRC has signed new or renewing leases on over 785,000 square feet in its stabilized and development portfolio, of which over 355,000 square feet was signed in the third quarter and October. The stabilized portfolio is currently 93% leased.
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