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Justin Smart Named Executive Vice President of Kilroy Realty Corporation

  Justin Smart Named Executive Vice President of Kilroy Realty Corporation

Business Wire

LOS ANGELES -- January 16, 2013

Kilroy Realty Corporation (NYSE: KRC) today announced that Justin Smart has
been promoted to executive vice president, Development and Construction
Services.

Smart, a 12-year veteran of the real estate investment trust, is the senior
officer responsible for construction for Kilroy Realty’s rapidly growing
development and redevelopment programs as well as the company’s tenant
improvement and general capital expenditure projects. Kilroy Realty’s existing
development pipeline has increased substantially over the last several years
and now includes four projects that are currently under construction in the
San Francisco Bay Area, which represent, in the aggregate, an investment of
approximately $800 million.

“Justin plays a crucial role working with our regional teams to ensure the
quality, cost efficiency and timely delivery of our development pipeline,”
said John Kilroy, Jr., KRC’s president and chief executive officer. “With the
steady expansion of development opportunities in our West Coast markets, his
talent and experience are crucial to our success. This is a well-deserved
promotion to a key member of our senior management team.”

Smart, who joined Kilroy Realty in 2000, has nearly three decades of
experience in real estate development covering a wide range of product types,
including office, industrial, residential and resort properties throughout the
United States. He was integrally involved in delivering corporate campuses to
many of the company’s key tenants, including AMN Healthcare, DIRECTV and
Intuit.

About Kilroy Realty Corporation. Kilroy Realty Corporation, a member of the
S&P Small Cap 600 Index, is a real estate investment trust active in the
office property sector 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 September 30, 2012, the company's stabilized
office portfolio encompassed 12.7 million rentable square feet. More
information is available at http://www.kilroyrealty.com.

Contact:

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
 
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