BofA Lowers Kilroy Realty Corporation (KRC) Target as Office-Focused REITs Face Turbulent Week

Kilroy Realty Corporation (NYSE:KRC) is among the 20 Best Investments in 2026.

Kilroy Realty Corporation (NYSE:KRC) is placed twentieth on our list of best investments.

TheFly reported on February 17 that Bank of America reduced its price target for KRC to $42 from $43 and maintained a Neutral rating. The reduction was in response to the company's fourth-quarter results report, which was released during a week that was especially turbulent for REITs with an office focus.

Kilroy Realty Corporation (NYSE:KRC) revealed its fourth-quarter and full-year 2025 financial results on February 9. According to the report, the company had its highest fourth-quarter leasing performance in six years in Q4, signing about 827,000 square feet of contracts. The largest leasing volume since 2019 occurred throughout the year, totaling 2.1 million square feet. The stabilized portfolio was 81.6% occupied and 83.8% leased at the end of the year.

Additionally, the company's revenue for the fourth quarter was $272.2 million, and FFO per diluted share was $0.97, compared to $1.20 during the same period the previous year. Full-year 2025 sales were $1.11 billion, with an annual FFO per diluted share of $4.20.

During the quarter, KRC also completed several property sales, which include Sunset Media Center and other assets, while also acquiring the Nautilus Campus and expanding its presence in the life sciences sector.

Kilroy Realty Corporation (NYSE:KRC) is a REIT that develops, owns, and manages office and mixed-use properties, primarily in West Coast U.S. markets, focusing on high-quality, sustainable buildings and long-term tenant relationships.

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