secwatch.observer — SEC 8-K summary
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Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001025996-21-000168
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KRC Q2 EPS $0.30, FFO $0.88, acquires Indeed Tower for $580M, guides 2021 FFO $3.71-$3.82
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- Net income $35.8M ($0.30/diluted) vs $19.6M ($0.17) YoY; FFO $104.6M ($0.88) vs $93.1M ($0.78).
- Acquired Indeed Tower in Austin for $580.2M (734k sf office) and land in San Diego for $42.0M.
- New $1.1B credit facility (from $750M), matures 2025, sustainability-linked; liquidity ~$2.0B.
- 2021 FFO guidance $3.71-$3.82/share; same-store cash NOI growth 2.0%-2.5%; year-end occupancy ~91.5%.
- Stabilized portfolio 91.8% occupied, 93.6% leased; collected 97% of Q2 contractual rents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000102599621000168/0001025996-21-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000102599621000168/krc-20210728.htm
  HTML page:      https://secwatch.observer/filing/0001025996-21-000168

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer