Kilroy Realty Corporation Continues Seattle Area Expansion with Acquisitions in Lake Union and Bellevue

by Benzinga Staff
June 4, 2012 11:17 AM | 30 seconds read | Make a Comment

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Kilroy Realty Corporation (NYSE: KRC) today announced that it has completed the purchase of two office properties in the Lake Union submarket of Seattle and expects to complete the acquisition of a Bellevue property in the third quarter, subject to customary closing conditions. These acquisitions will nearly double the West Coast real estate investment trust's office portfolio in high growth submarkets of the Puget Sound Region. In three separate transactions, KRC has acquired or expects to acquire properties in Lake Union and Bellevue aggregating approximately 837,000 square feet of space for a total purchase price of approximately $330 million.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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