John Kilroy is the only real estate leader the Business Times has honored twice as “Dealmaker of the Year,” during their annual Real Estate Deals of the Year awards event, which took place Thursday evening.
“I’m the kind of person who gets up at 4 in the morning and I’m off and running,” Kilroy said recently during a tour of the Exchange, a 750,000-square-foot office building the company is building in San Francisco’s Mission Bay. “I have such a fabulous team at Kilroy. I get inspired being around them. I don’t really think about retirement.”
Kilroy is coming off an impressive year in which it signed the city’s largest single direct lease ever: a 736,000-square-foot deal with online file storage company Dropbox at the Exchange. Kilroy plans to deliver the $570 million project later this year.
On top of that, the company inked other massive deals in San Francisco with tenants such as Okta, Adobe and AppDynamics totaling more than 450,000 square feet. Kilroy is also hammering away on more than 1 million square feet of new office space at the Exchange and 100 Hooper, a $270 million, 400,000-square-foot project.
Kilroy was ahead of other landlords in understanding that tech companies wanted open, collaborative spaces with amenities such as rooftop decks. It allowed pet-friendly offices before others.
“Starting at the top, (Kilroy Realty) has very talented, engaging, thoughtful and creative real estate people,” said Chris Roeder, a broker with JLL who has worked on some of the company’s leases. “That starts with John at the top. He’s an absolute visionary.”