Box Inc. Grows, Takes 100% of Kilroy Project

REDWOOD CITY, CA—Kilroy Realty Corp. recently revealed that Box Inc., a provider of secure cloud content management services for global businesses, has signed an approximate 12-year lease for 100% of Crossing/900, the 334,000-square-foot, Korth Sunseri Hagey-designed two-building office project currently under construction in Redwood City, CA, steps away from the city’s Caltrain station. The project also contains approximately 5,000 square feet of retail space.

“We are delighted to welcome Box to our portfolio of dynamic West Coast tenants,” says John Kilroy Jr., KRC’s chairman, president and chief executive officer. “Crossing/900 continues our extensive record of developing vibrant environments that allow fast growing companies to hire and retain talent in the Bay Area’s extremely competitive job markets. With Crossing/900 fully leased, we are now close to 85% leased on our six office projects currently under construction, which have a total estimated investment of approximately $1.5 billion.”