SAN FRANCISCO-Less than two months after the project groundbreaking, Kilroy Realty Corporation today said it has signed a 12-year lease with cloud storage and data-syncing leader Dropbox for 100% of the real estate investment trust's 182,000 square foot, office property currently under construction in San Francisco's South of Market district.
333 Brannan Street will be the second ground-up LEED Platinum office development project in San Francisco with the first being the company's 30-story tower leased to salesforce.com at 350 Mission Street.
“We are pleased to add another world class, dynamic technology leader to our portfolio,” said John Kilroy, Jr., the company's chairman, president and chief executive officer. “The relationship we have built with Dropbox further demonstrates the success we've achieved in delivering the types of facilities and work environments that tenants want, which has created a virtuous cycle that continues to create additional opportunities for us.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
