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Home Featured Office REITs Hand Their Land to Housing Builders as Kilroy Puts $185MM of Sites Under Contract
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Office REITs Hand Their Land to Housing Builders as Kilroy Puts $185MM of Sites Under Contract

October 29, 20263 Mins read2
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Kilroy Realty now has $184.5 million of former office and life science land under contract to residential buyers across four Southern California sites, part of a West Coast shift in which office REITs including Alexandria Real Estate Equities, BXP and Hudson Pacific Properties are re-entitling and selling sites once meant for workplaces to meet stronger demand for housing.

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