Kilroy Realty closes purchase of property to be developed by Synopsys

theflyonthewall.com

Kilroy Realty (KRC) announced the purchase of 690 E. Middlefield Road in Mountain View, California, where it will develop, own and manage a 341,000 square-foot office campus under a 15-year lease for Synopsys (SNPS). The Synopsys office campus represents KRC's first ground-up development project in the greater San Francisco Bay Area and will have a projected total investment of approximately $200M. The fully entitled office project includes two five-story Class A office buildings with state-of-the-art infrastructure and amenities, designed and pre-registered to meet LEED Gold certification requirements.

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