LOS ANGELES, June 15, 2017 — Kilroy Realty Corporation (NYSE: KRC) announced today that it has appointed Steve Rosetta as Executive Vice President and Chief Investment Officer. Mr. Rosetta, nationally and internationally recognized for his extensive transactional experience, will be responsible for overseeing the company’s strategic growth, including acquisition and disposition activities, with a specific focus on the company’s development opportunities and large office and life science transactions.
Mr. Rosetta joins Kilroy Realty from Cushman & Wakefield where he most recently served as a Vice Chairman and was a member of the Global Advisory Board. During his tenure at Cushman & Wakefield, from September 1996 to June 2017, he held various senior leadership roles and successfully led several strategic growth objectives for the firm, including the acquisition and integration of Burnham Real Estate in 2007. Mr. Rosetta has negotiated numerous large complex transactions from acquisitions to ground up developments as well as lease and sales transactions. He holds a Master’s degree in Real Estate Development from the University of Southern California.
“Steve is a proven deal maker and brings an excellent track record of identifying and executing complex transactions through diligent pursuit, creative structuring and disciplined evaluation,” said John Kilroy, Chairman and Chief Executive Officer of Kilroy Realty. “He is an expert in both office and life science, which matches up extremely well with our growth strategies.”
“KRC has an amazing brand, iconic properties, and a strong balance sheet,” said Steve Rosetta. “I am excited for the opportunity to be a part of and work with the Kilroy team.”
About Kilroy Realty Corporation
Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast’s premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.
At March 31, 2017, the company’s stabilized portfolio totaled approximately 14.4 million square feet of office space and 200 residential units located in the coastal regions of Los Angeles, Orange County, San Diego, the San Francisco Bay Area and Greater Seattle. In addition, KRC had two office projects totaling approximately 1.2 million square feet, 237 residential units and 96,000 square feet of retail space under construction.
The company is recognized by GRESB as the North American leader in sustainability and was ranked first among 178 North American participants across all asset types. At the end of the first quarter, the company’s stabilized portfolio was 52% LEED certified and 71% of eligible properties were ENERGY STAR certified. More information is available at http://www.kilroyrealty.com.