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Kilroy Realty Names Conan Cotrell Senior Vice President of Leasing and Marketing for Los Angeles Region

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LOS ANGELES--(BUSINESS WIRE)--Feb. 19, 2004--Kilroy Realty Corporation (NYSE:KRC) has named Conan C. Cotrell as senior vice president, marketing and leasing. In this position, Cotrell will be charged with aggressively marketing KRC's Los Angeles area portfolio which totals more than 3.6 million square feet. Some properties within this portfolio include Westside Media Center, a 380,000 square-foot, three building office campus located at Olympic and Bundy in Los Angeles; Kilroy Center Long Beach, a one million square-foot, seven-building office development adjacent to the Long Beach Airport; and 909 and 999 North Sepulveda Blvd., a 375,000 square foot, two-building office campus in Los Angeles.

"Conan has proven himself as a leader in all aspects of the leasing process," said John B. Kilroy, Jr. president and CEO of Kilroy Realty Corporation. "We are proud to have him join our team and are confident that his market knowledge and relationship building expertise will further the company's success and growth."

Cotrell is a 15-year industry veteran. Prior to joining KRC, Cotrell was a director at Summit Commercial in El Segundo, California where he was responsible for the leasing and marketing of a 2.6 million square foot portfolio of real estate assets located in California and Arizona. Prior to that he was vice president with Shuwa Investments Corporation where he leased and marketed a 10 million square foot nationwide portfolio comprised of 32 assets and was responsible for leasing activity in excess of $60 million.

He has also held senior positions with Insignia Commercial Group, Premisys Real Estate Services, and Grubb & Ellis Commercial Real Estate Services. Cotrell is a graduate of the University of California, Santa Barbara.

Kilroy Realty Corporation, a member of the S&P Small Cap 600 Index, is a Southern California-based real estate investment trust active in the office and industrial property sectors. For more than 50 years, the company has owned, developed, acquired and managed real estate assets primarily in the coastal regions of California and Washington. KRC is currently active in office development and redevelopment in Los Angeles and San Diego counties. At December 31, 2003, the company owned 7.3 million square feet of commercial office space and 4.9 million square feet of industrial space. More information can be found at www.kilroyrealty.com.

CONTACT:
Kilroy Realty Corporation
Richard E. Moran Jr., 310-481-8483
Tyler H. Rose, 310-481-8484

SOURCE: Kilroy Realty Corporation