Kilroy Realty Plans to 27-Story San Francisco Office Tower

Kilroy Realty Corporation

today said it plans to develop up to a 400,000 square-foot, 27-story office tower in the heart of San Francisco's highly desirable South of Market financial district, adapting the company's signature collaborative workspace concepts to a high-rise office environment. The company said it has acquired a 0.43 acre, fully entitled development site at 350 Mission Street, a premier location situated at the main entrance of the City's new transit station for approximately $52 million. KRC expects to invest an additional $200 million developing a high-image glass office tower with floor-to-ceiling windows providing abundant natural light, column-free floor plates offering open-office high-ceiling layouts, and ultra-energy-efficient operating systems—all