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Kilroy Sells Off WeWork-Anchored Office in the OC

$116 Million Trade Reflects Bright Spot in Otherwise Slow Irvine, California
Kilroy Realty Corp. sold 2211 Michelson in Irvine, Calif., after a hold of about 10 years. (CoStar)
Kilroy Realty Corp. sold 2211 Michelson in Irvine, Calif., after a hold of about 10 years. (CoStar)
By Clare Kennedy
CoStar News
October 30, 2019 | 2:07 P.M.

Real estate investment trust Kilroy Realty Corp. has officially exited the Orange County market after closing a $116 million sale of an office building in Irvine, California, where troubled coworking company WeWork plans to open a three-level location.

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