Kilroy reports lackluster earnings as West Coast tenants downsize

Kilroy Realty’s earnings last quarter were fair to middling as office and life sciences occupancy slackened further across its 17.1-million-square-foot portfolio in San Francisco, Los Angeles, Seattle and San Diego, the company reported Tuesday. Kilroy’s funds from operations were $122.3 million, or $1.02 per diluted share in the first quarter, down 8.5 percent from $133.7 […]This article originally appeared on The Real Deal. Click here to read the full story.