Kilroy Realty Closes $97.0 Million Mortgage Loan
2012年6月30日 - 2:34AM
ビジネスワイヤ(英語)
Kilroy Realty Corporation (NYSE:KRC) today announced that Kilroy
Realty, L.P. has obtained a $97.0 million, fifteen year,
non-recourse mortgage that bears interest at a rate of 4.48%. The
mortgage matures on July 1, 2027 and is secured by office
properties located at 2211 Michelson Drive in Irvine, California
and 2100 and 2110 Colorado Avenue in Santa Monica, California. The
company intends to use proceeds from the loan to pay down
borrowings on its credit facility.
About Kilroy Realty Corporation
Kilroy Realty Corporation, a member of the S&P Small Cap 600
Index, is a real estate investment trust active in premier office
and industrial submarkets along the West Coast. For over 60 years,
the company has owned, developed, acquired and managed real estate
assets, consisting primarily of Class A real estate properties in
the coastal regions of Los Angeles, Orange County, San Diego,
greater Seattle and the San Francisco Bay Area. At March 31, 2012,
the company owned 11.8 million rentable square feet of commercial
office space and 3.4 million rentable square feet of industrial
space. More information is available at
http://www.kilroyrealty.com.
Forward-Looking Statements
Some of the information presented in this release is forward
looking in nature within the meaning of the Private Securities
Litigation Reform Act of 1995. 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; and the
availability of cash for debt service and exposure of risk of
default under debt obligations. These factors are not exhaustive
and additional factors could adversely affect our business and
financial performance. For a discussion of additional risk factors,
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 assume 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 we are required to do so in connection with ongoing
requirements under Federal securities laws.
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