Allen Matkins, Orrick Steer REIT’s $309M West Coast Sales

Law360 (April 30, 2015) Kilroy Realty Corp. said Thursday it has sold or agreed to sell nine San Diego properties and one Seattle-area property for a combined $309.2 million in deals guided by Allen Matkins Leck Gamble Mallory & Natsis LLP and Orrick Herrington & Sutcliffe LLP, respectively. In San Diego deals, the REIT has sold three office buildings located at 6200 and 6220 Greenwich Drive and 10770 Wateridge Circle, for $95 million, and is in the process of selling another six office properties for $163 million. “We continue to be pleased with our ability to successfully execute our strategic plan of recycling capital into our state-of-the-art, value-creating development program,” John B. Kilroy Jr., chairman, president and CEO of Kilroy Realty, said in a statement.