Kilroy Picks Up 2 More Hollywood Properties For $138M

Law360, New York (October 4, 2012, 6:57 PM EDT) -- Kilroy Realty Corp. cast a vote of confidence for Hollywood's revitalized media and entertainment industry with two deals for area studio properties collectively worth $138 million, the Los Angeles-based real estate investment trust announced Monday.

Kilroy plunked down $65 million for Columbia Square, a nearly 5-acre site in Hollywood that the REIT plans to spend $300 million developing into a mixed-use media campus, according to the company. Kilroy is also under contract to purchase a 151,000-square-foot production and post-production office property in West L.A. known as...
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