secwatch.observer — SEC 8-K summary
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Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2026-10-22T20:56:14+00:00
Accession:  0001628280-26-066920
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Kilroy Q3 FFO falls to $0.88/share from $1.08; 815,000 sq ft leased, FY26 FFO guidance narrowed to $3.55-$3.59
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- Revenue $271.6M vs $279.7M in Q3 2025; net income available to common stockholders $15.5M ($0.13/diluted share) vs $156.2M ($1.31).
- FFO $104.6M, or $0.88 per diluted share, down from $130.6M/$1.08 a year earlier; FY2026 FFO/share guidance narrowed to $3.55-$3.59 from $3.49-$3.63.
- Signed ~815,000 sq ft of leases, including a 12-year, ~243,000 sq ft renewal with Box, Inc. at Crossing 900; GAAP rents on second-generation leases rose 30.6%, cash rents 9.7%.
- Stabilized portfolio 76.9% occupied and 83.0% leased; excluding KOP 2, 80.7% occupied and 84.8% leased, with 410 bps of signed-but-not-commenced leases.
- Repaid $200.0M of 4.350% Series B private placement notes at par; agreed to sell Kilroy East Village land in San Diego for $19.5M, closing in Q4; quarterly dividend $0.54/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000162828026066920/0001628280-26-066920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000162828026066920/krc-20261022.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-066920

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