Concur Technologies Chooses Kilroy Realty’s Key Center for Its New World Headquarters
2012年6月21日 - 2:53AM
ビジネスワイヤ(英語)
Kilroy Realty Corporation (NYSE: KRC) today announced
that it has signed a 10-year lease for 123,000 square feet with
Concur (NASDAQ:CNQR), a leading provider of integrated
travel and expense management solutions.
“We’re delighted that Concur has chosen to relocate to Key
Center and work with KRC in creating its new headquarters in
Bellevue,” said Mike Shields, Senior Vice President at KRC. The
Concur lease at Key Center, located at 601 108th Ave. NE in
Bellevue, represents the largest lease transaction completed in
Downtown Bellevue since 2009.
Concur joins a balanced roster of tenants at Key Center
including financial services firms Merrill Lynch and UBS, as well
as other technology tenants including Exact Target. With the
execution of the Concur lease, Key Center will be approximately 93%
leased.
“As part of our search criteria, we wanted to ensure we had a
centrally-located headquarters facility that would support our
growth and provide a great work environment for Concur employees.
We’re thrilled with the location,” said Concur Executive Vice
President of Operations, Scott Torrey.
“The greater Seattle area is one of the best examples of a West
Coast urban environment that draws business innovators and their
tech-savvy employees with a high energy, well-integrated work, live
and play environment,” said KRC President and CEO John Kilroy, Jr.
“We are on track to own 1.7 million square feet in the Seattle
market and we anticipate future growth given our positive view of
the market’s fundamentals and our on-the-ground management team
with strong local knowledge.”
About Kilroy Realty Corporation
With more than 60 years’ experience operating in West Coast real
estate markets, publicly traded real estate investment trust Kilroy
Realty Corporation (KRC) is one of the region’s premier landlords.
The company serves a roster of dynamic, innovation-driven tenants
that include technology, entertainment, digital media and
biotechnology companies. KRC has become an innovator in its own
right, rethinking and reshaping work space to meet the demands of
an increasingly knowledge-driven and highly collaborative
workforce. In partnership with such companies as DIRECTV, TD
Ameritrade and PAC-12 Enterprises, the company is developing
physical work environments that can advance creativity and
productivity, taking real estate beyond simply a place to work to a
strategic competitive advantage. More information is available at
http://www.kilroyrealty.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements are based on our current
expectations, beliefs and assumptions, and are not guarantees of
future performance, results or events. Forward-looking statements
are inherently subject to uncertainties, risks, changes in
circumstances, trends and factors that are difficult to predict,
many of which are outside of our control. Accordingly, actual
performance, results and events may vary materially from those
indicated in forward-looking statements, and you should not rely on
forward-looking statements as predictions of future performance,
results or events. Numerous factors could cause actual future
performance, results and events to differ materially from those
indicated in forward-looking statements, including, among others:
risks associated with investment in real estate assets, which are
illiquid, and with trends in the real estate industry; competitive
market conditions; the ability to complete potential acquisitions
and dispositions on announced terms; the ability to successfully
operate acquired properties; the availability of cash for debt
service and exposure of risk of default under debt obligations; and
the ability to successfully complete development and redevelopment
projects on schedule and within budgeted amounts. These factors are
not exhaustive. For a discussion of additional risk factors that
could adversely affect our business and financial performance, see
the factors included under the caption “Risk Factors” in our annual
report on Form 10-K for the year ended December 31, 2011, quarterly
report on Form 10-Q for the quarter ended March 31, 2012, and our
other filings with the Securities and Exchange Commission. All
forward-looking statements are based on currently available
information and speak only as of the date on which they are made.
We assumes no obligation to update any forward-looking statement
made in this press release that becomes untrue because of
subsequent events, new information or otherwise, except to the
extent it is required to do so in connection with ongoing
requirements under Federal securities laws.
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