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Salesforce.com Leases Kilroy Realty's 27-Story, LEED-Platinum-Designed Office Tower in San Francisco

Related KRC
Kilroy Realty Buys Site in Mission Bay - Analyst Blog
UPDATE: Deutsche Bank Reiterates On Kilroy Realty On Continued Positive Outlook

Kilroy Realty Corporation (NYSE: KRC) today said it has signed a
long-term lease with cloud-computing giant salesforce.com (NYSE: CRM) for 100% of
the real estate investment trust's 27-story, LEED-platinum-designed
office tower now under construction at 350 Mission Street in the heart
of San Francisco's South of Market financial district. Salesforce.com
has agreed to lease up to approximately 445,000 square feet which
includes approximately 50,000 square feet of must-take space that is
subject to KRC obtaining entitlements to add three stories to the
building.

KRC acquired the 350 Mission Street land site in October and saw
tremendous interest in the property from multiple companies in a variety
of technology and non-technology-related industries. Upon completion of

See full press release

Posted-In: News Guidance Contracts Asset Sales Management

 

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