| Business Summary | | Kilroy
Realty
Corporation
owns,
operates,
develops
and
acquires
Class
A
suburban
office
and
industrial
real
estate,
primarily
in
Southern
California.
The
Company
operates
as
a
self-administered
and
self-managed
real
estate
investment
trust.
As
of
December
31,
2000,
the
Company's
portfolio
of
stabilized
operating
properties
was
comprised
of
83
office
buildings
(the
Office
Properties)
and
78
industrial
buildings
(the
Industrial
Properties,
and
together
with
the
Office
Properties,
the
Properties)
that
encompassed
an
aggregate
of
approximately
6.6
million
and
5.8
million
rentable
square
feet,
respectively.
The
Properties
included
21
properties
that
the
Company
developed
and
then
stabilized
during
2000
and
1999,
encompassing
an
aggregate
of
approximately
809,000
and
1.
2
million
rentable
square
feet,
respectively.
The
Office
Properties
were
approximately
96.2%
leased
to
302
tenants,
and
the
Industrial
Properties
were
97.8%
leased
to
220
tenants,
as
of
December
31,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Kilroy
Realty
is
a
real
estate
investment
trust
(REIT)
that
develops,
owns
and
operates
office
and
industrial
real
estate,
primarily
in
Southern
California.
For
the
six
months
ended
6/30/01,
revenues
rose
22%
to
$108.6
million.
Net
income
before
accounting
change
rose
2%
to
$22.9
million.
Results
reflect
increased
rental
income
due
to
an
increase
in
rental
rates
on
renewed
and
released
space,
partially
offset
by
higher
interest
and
depreciation
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Kilroy, Sr., 77 Chairman | -- | John Kilroy, Jr., 51 Pres,
CEO | $1.5M | Richard Moran, Jr., 48 Exec.
VP, CFO, Sec. | 820K | Jeffrey Hawken, 41 Exec.
VP and COO | 887K | Campbell Greenup, 46 Exec.
VP- Los Angeles Devel. | 432K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|