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Eli Khouri Joins Kilroy Realty as Chief Investment Officer

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LOS ANGELES, Feb 17, 2011 (BUSINESS WIRE) -- Kilroy Realty Corporation (NYSE: KRC) announced that it has appointed Eli Khouri as Executive Vice President and Chief Investment Officer. Mr. Khouri has extensive investment experience in West Coast commercial real estate dating back to the early 1980s and will be responsible for the company's acquisition activities.

From 1991 to 2001, he served in various investment capacities at Spieker Properties (formerly NYSE: SPK), including Chief Investment Officer, where he was involved with the acquisition and development of over $5 billion of assets as well as managing the disposition and capital recycling program. In 2001, Mr. Khouri was part of the management team that orchestrated the merger of SPK into Equity Office Properties (formerly NYSE: EOP) in a $7.2 billion transaction. In 2002, Mr. Khouri co-founded and served as Managing Director of Broadreach Capital Partners, a private real estate investment firm focused primarily on western U.S. commercial assets. Raising discretionary funds from numerous endowments, foundations and other institutional investors, Broadreach has managed approximately $3 billion in investments since 2003. Mr. Khouri received a Bachelor of Science Degree in Civil Engineering from Stanford University in 1982.

Kilroy Realty Corporation, a member of the S&P Small Cap 600 Index, is a real estate investment trust active in the premier office and industrial submarkets along the West Coast. For over 60 years, the company has owned, developed, acquired and managed real estate assets primarily in the coastal regions of Los Angeles, Orange County, San Diego, greater Seattle and the San Francisco Bay Area. At December 31, 2010, the company owned 10.4 million rentable square feet of commercial office space and 3.6 million rentable square feet of industrial space. More information is available at www.kilroyrealty.com.

SOURCE: Kilroy Realty Corporation

Kilroy Realty Corporation
Tyler H. Rose
Executive Vice President and Chief Financial Officer
310-481-8484
or
Michelle Ngo
Vice President and Treasurer
310-481-8581