-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FOk61flarOnwD68ZuApxDv1fD4E0UiGdiUftppZvrEw5NQuX/YD8r5y+RhaaGjzC DUPVrBSF1GuB4QE/LsF5zA== 0000898430-97-004827.txt : 19971113 0000898430-97-004827.hdr.sgml : 19971113 ACCESSION NUMBER: 0000898430-97-004827 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971029 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971113 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: KILROY REALTY CORP CENTRAL INDEX KEY: 0001025996 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 954598246 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-12675 FILM NUMBER: 97716950 BUSINESS ADDRESS: STREET 1: 2250 E IMPERIAL HWY STREET 2: C/O KILROY INDUSTRIES CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 2137721193 MAIL ADDRESS: STREET 1: C/O KILROY INDUSTRIES STREET 2: 2250 E IMPERIAL HIGHWAY #1200 CITY: EL SEGUNDO STATE: CA ZIP: 90245 8-K 1 KILROY REALTY CORPORATION FORM 8-K ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: (Date of earliest event reported) October 29, 1997 Kilroy Realty Corporation (Exact name of registrant as specified in its charter) Maryland Commission File: 1-12675 95-4598246 (State or other jurisdiction (I.R.S. Employer Identification No.) of incorporation or organization)
2250 East Imperial Highway, El Segundo, California, 90245 (Address of principal executive offices) Registrant's telephone number, including area code: (310) 563-5500 ================================================================================ ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS On October 29, 1997, Kilroy Realty L.P., a partnership in which Kilroy Realty Corporation is the sole general partner, completed the acquisition of four office buildings for approximately $34,446,000. Two of the buildings were purchased on September 18, 1997, the third building was purchased on September 29, 1997 and the fourth building was purchased on October 29, 1997. The properties were individually purchased from a company and three partnerships controlled by The Hutton Foundation, an unaffiliated entity, based on separate arms-length negotiations. The acquisitions were financed through working capital and the assumption of a $13,900,000 mortgage note on one of the buildings. The mortgage note bears an interest rate of 8.45%, requires monthly principal and interest payments and matures on December 1, 2005. Three of the buildings are located in Riverside, California (the "Riverside Buildings") and contain approximately 177,300 aggregate rentable square feet. The Riverside Buildings are presently 100% leased with an average monthly rent per square foot of $1.61. The quoted market rental rate for comparable office buildings in Riverside is $1.69 per square foot. The fourth building is located in Brea, California and contains approximately 60,800 aggregate rentable square feet. The building is presently 100% leased with an average monthly rent per square foot of $1.36. The quoted market rental rate for comparable office buildings in Brea is $1.43 per square foot. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Description ----------- (a) Financial statements of properties acquired. The required financial statements for the acquired property will be filed within 60 days. (b) Pro forma financial information. The required financial statements for the acquired property will be filed within 60 days. (c) Exhibits None
S-1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized, KILROY REALTY CORPORATION Date: November 13, 1997 By /s/ Ann Marie Whitney ----------------- ____________________________________ Name: Ann Marie Whitney Title: Vice-President and Controller S-2
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