LOS ANGELES–(BUSINESS WIRE)–Kilroy Realty Corporation (NYSE: KRC, the “company”, “Kilroy”) announced today it will host an invitation-only Investor Event on Monday, November 14, 2022 at Kilroy Oyster Point in South San Francisco.

The presentation will be broadcast live beginning at approximately 12:00 pm Pacific Time and ending at approximately 2:00 pm Pacific Time. The live audio cast can be accessed from the company’s website at, https://investors.kilroyrealty.com/investors/shareholders/investor-events/default.aspx where a replay will also be available following the presentation.

About Kilroy Realty Corporation

Kilroy Realty Corporation (NYSE: KRC, the “company”, “Kilroy”) is a leading US landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, the Pacific Northwest and Austin, Texas. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators in the creation of a more sustainable real estate industry, the company’s approach to modern business environments helps drive creativity and productivity for some of the world’s leading technology, entertainment, life science and business services companies.

The company is a publicly traded real estate investment trust (“REIT”) and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring and managing office, life science and mixed-use projects.

As of September 30, 2022, Kilroy’s stabilized portfolio totaled approximately 16.2 million square feet of primarily office and life science space that was 90.8% occupied and 92.6% leased. The company also had more than 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 93.5%. In addition, the company had one in-process life science redevelopment project with a total estimated redevelopment cost of $25.0 million, totaling approximately 52,000 square feet, and three in-process development projects with an estimated total investment of $1.7 billion, totaling approximately 1.7 million square feet of office and life science space. The in-process development and redevelopment office and life science space is 36% leased.

A Leader in Sustainability and Commitment to Corporate Social Responsibility

The company is listed on the Dow Jones Sustainability World Index and has been recognized by industry organizations around the world. GRESB has named Kilroy a listed sustainability leader for Office in the Americas for eight of the last ten years. Other honors have included the National Association of Real Estate Investment Trusts’ (NAREIT) Leader in the Light award for eight consecutive years and ENERGY STAR Partner of the Year for nine years as well as ENERGY STAR’s highest honor of Sustained Excellence, for the past seven years.

Kilroy is proud to have achieved carbon neutral operations across our portfolio since 2020. The company’s office portfolio was 71% LEED certified and 40% Fitwel certified, and 76% of eligible properties were ENERGY STAR certified as of September 30, 2022.

A big part of the company’s foundation is its commitment to enhancing employee growth, satisfaction and wellness while maintaining a diverse and thriving culture. For the third year in a row, the company has been named to Bloomberg’s Gender Equality Index—recognizing companies committed to supporting gender equality through policy development, representation, and transparency.

More information is available at http://www.kilroyrealty.com.

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends and factors that are difficult to predict, many of which are outside of our control. Accordingly, actual performance, results and events may vary materially from those indicated or implied in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: global market and general economic conditions, including periods of heightened inflation, and their effect on our liquidity and finance conditions and those of our tenants; adverse economic or real estate conditions generally, and specifically, in the States of California, Texas and Washington; risks associated with our investment in real estate assets, which are illiquid, and with trends in the real estate industry; defaults on or non-renewal of leases by tenants; any significant downturn in tenants’ businesses; our ability to re-lease property at or above current market rates; costs to comply with government regulations, including environmental remediation; the availability of cash for distribution and debt service and exposure to risk of default under debt obligations; increases in interest rates and our ability to manage interest rate exposure; the availability of financing on attractive terms or at all, which may adversely impact our future interest expense and our ability to pursue development, redevelopment and acquisition opportunities and refinance existing debt; a decline in real estate asset valuations, which may limit our ability to dispose of assets at attractive prices or obtain or maintain debt financing, and which may result in write-offs or impairment charges; significant competition, which may decrease the occupancy and rental rates of properties; potential losses that may not be covered by insurance; the ability to successfully complete acquisitions and dispositions on announced terms; the ability to successfully operate acquired, developed and redeveloped properties; the ability to successfully complete development and redevelopment projects on schedule and within budgeted amounts; delays or refusals in obtaining all necessary zoning, land use and other required entitlements, governmental permits and authorizations for our development and redevelopment properties; increases in anticipated capital expenditures, tenant improvement and/or leasing costs; defaults on leases for land on which some of our properties are located; adverse changes to, or enactment or implementations of, tax laws or other applicable laws, regulations or legislation, as well as business and consumer reactions to such changes; risks associated with joint venture investments, including our lack of sole decision-making authority, our reliance on co-venturers’ financial condition and disputes between us and our co-venturers; environmental uncertainties and risks related to natural disasters; our ability to maintain our status as a REIT; and uncertainties regarding the impact of the COVID-19 pandemic, and restrictions intended to prevent its spread, on our business and the economy generally. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption “Risk Factors” in our quarterly report on Form 10-Q for the period ending September 30, 2022 and in our annual report on Form 10-K for the year ended December 31, 2021 and our other filings with the Securities and Exchange Commission. All forward-looking statements are based on currently available information and speak only as of the dates on which they are made. We assume no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws.

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A historic townhouse in the prestigious Pacific Heights neighborhood of San Francisco that was owned by tech billionaire investor Orlando Bravo has sold for $13,875 million, according to the deed filed last week.

Situated on a corner lot, the four-story townhouse has 7,045 square feet of living space, including six bedrooms and seven bathrooms, according to the listing with Nina Hatvany of Compass.

Ms. Hatvany listed the property last September for $17 million and found a buyer in early March. The sale closed last Friday, listing records show.

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The seller, Mr. Bravo, purchased the property in 2012 for $8.2 million, property records show. He is the co-founder and managing partner of Thoma Bravo, a private equity investment firm that specializes in software and technology-enabled services sectors. The Puerto Rican-born businessman has a net worth of $6.3 billion, according to Forbes’s real-time estimate.

Mr. Bravo did not immediately respond to an email request sent to his company.

The buyer was listed as an Idaho-registered limited liability company.

Ms. Hatvany declined to comment on the sale or parties involved.

The townhouse, built in 1894, retains many of its period details, including rich woodwork and paneling throughout. The main level is dedicated to entertaining, with formal dining, living and family rooms, and a chef’s kitchen with a deck and water views, according to the listing.

Other amenities include a wine cellar, a wet bar, a playroom, a roof deck, a landscaped garden, and a three-car garage, the listing said.

Although the sales price was a more than $3 million discount from the listing price of $17 million, it still marks the highest price for a San Francisco home sold so far this year, according to Multiple Listing Service.

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CUPERTINO – A week after he mysteriously disappeared, a well-known Cupertino real estate investor and citizen leader was found in a shallow grave in the Central Valley, apparently strangled by a troubled craftsman he had taken under his wing, authorities said.

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When the suspect hastily planned how he would evade suspicion, he reportedly told his mother that “he buried a problem up in the mountains”.

Christopher Charles Ellebracht, 38

It was one of several acts in which investigators say 38-year-old Christopher Charles Ellebracht connected the dots to himself. Prior to his mother’s tacit confession, he attempted to cash a check for the victim’s $ 10,000 at an ATM that photographed him and his delivery truck. When he was arrested for brandishing a knife near the burial site, he was still carrying 70-year-old Gin Lu “Tommy” Shwe’s wallet.

“This is a callous and cold-blooded murder,” Sheriff Laurie Smith said at a press conference in Cupertino on Monday. “Any loss of life is tragic, but the strangulation and soulless burial to hide and evade the pursuit of justice is particularly troubling.”

But Joanne Ellebracht offers a different portrayal of her son and says that he has had paranoid schizophrenia for a long time and that at the end of their wisdom both tried to provide him with services that he urgently needed.

“I’ve been fighting for my son for 30 years to give him psychological support,” said Joanne Ellebracht. “I pleaded with people and pleaded, ‘Please help him.’ The system doesn’t work. “

The mental illness, she said, fueled her son’s criminal record, including a 2004 encounter in Fontana where he was shot by police while partially dragging her in his truck during a vehicle stop, and a case last fall in Santa Cruz, where he reportedly hit over a dozen cars before he was stopped on Highway 17. On January 14, four days before he was believed to have killed Shwe, he was charged with a crime of drug driving in South Lake Tahoe.

She added that she was devastated by the death of Shwe, to whom she owed credit for giving her son a job and out of sheer compassion helping him find an apartment for the past two years.

“I loved Tommy, he helped Christopher a lot,” she said. “I am very sorry for his family.”

Chistopher Ellebracht was charged Monday with the murder of Shwe. The mountains he allegedly mentioned turned out to be the area near Three Rivers, a small town east of Visalia that leads to Sequoia National Park. On a remote country road Wednesday, corpse sniffing dogs with the Santa Clara County Sheriff’s search and rescue team found a hastily excavated grave containing Shwe’s body.

Gin Lu “Tommy” Shwe, 70, from Cupertino Polite photo

An autopsy on Friday officially confirmed that Shwe was indeed Shwe and that he had been strangled with a rope or something similar. Shwe, a former school board member and prominent Cupertino civic presence, was reported missing on January 18 after failing to return from the 24-hour gym in Sunnyvale the night before and then missing a work meeting that morning.

Huei-Saint Shwe, the victim’s son, made brief remarks before asking the public to respect his family’s privacy.

“When the details of my father’s disappearance became known, we were shocked and saddened that my father’s life story had come to such a tragic end,” he said. “It is incomprehensible to us how something like this could happen to such a kind and devoted soul as my father’s.”

Huei-Saint Shwe speaks during the announcement of the arrest of suspect Christopher Ellebracht in the murder of Shwe’s father Gin Lu “Tommy” Shwe during a press conference at the Cupertino Community Hall in Cupertino, Calif., On Monday, January 30, 2017. (Gary Reyes / Bay Area News Group)

Cupertino Mayor Savita Vaidhyanathan honored Tommy Shwe for many years of service to the city, which included serving on the school council in the 1980s and various philanthropic activities since.

“We lost a loved one and community leader who worked to improve the lives of our residents,” she said.

The morning Shwe was reported missing, his family noticed strange activity, beginning with a check signed in his name for $ 10,000 deposited at an ATM in Morgan Hill.

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But the big break in the case came on January 20 when Ellebracht’s white truck was found abandoned near Three Rivers, which sparked a reaction from a Tulare County sheriff’s deputy and a California Highway Patrol officer. An examination of the area around the van revealed a cell phone that fell into a puddle and determined that it belonged to Shwe.

They contacted the Santa Clara County Sheriff’s Office, which obtained a search warrant to take the van and investigate, which led them to formally link it to Ellebracht. Inside the vehicle, investigators found bloody clothing and a receipt for a shovel bought at a Home Depot in Morgan Hill shortly after the check was deposited.

Santa Clara County Sheriff’s investigators say this surveillance picture at a Morgan Hill Home Depot shows Christopher Ellebracht buying a shovel allegedly used to bury Gin Lu “Tommy” Shwe, whose body was in. January 25, 2017 was discovered in a shallow grave outside Visalia.

At this point, Ellebracht was already in Tulare County Jail after being arrested in Visalia on Jan. 22 for allegedly waving a knife at someone near a fast food restaurant. During the arrest, local police found him with Shwe’s wallet.

The next day, Joanne Ellebracht informed Visalia police that her son had contacted her and told her that he “buried a problem” in a mountainous area and that he wandered into town after his van got stuck in a river be. That prompted authorities to return to Three Rivers and search the area where they found the van, and the search dogs found the shallow grave.

Joanne Ellebracht denies the context in which the authorities presented her son’s statements, claiming that it was more of ranting a mentally ill man than an admission of guilt. She said that some of his beliefs include that he is both part and targeted by the CIA.

“He’s so insane, that’s a normal comment,” she said. “The police used my emotions to their advantage.”

Investigators countered this claim with the fact that the suspect’s mountain hikes effectively provided a road map to Shwe’s body. But they haven’t found a motive, any clarity that his family will wait for as they prepare to lay their father to rest.

“We also ask that you contact the authorities if anyone has additional information on my father’s case.”

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