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Major West Coast Office REIT Halts Two California Projects, Citing the Economy and Working From Home

Kilroy Realty Says Conditions Aren't Right for New Office Projects
Kilroy Realty said it will pause starting construction on Santa Fe Summit, a proposed 600,000-square-foot office and life science campus in San Diego. (CoStar)
Kilroy Realty said it will pause starting construction on Santa Fe Summit, a proposed 600,000-square-foot office and life science campus in San Diego. (CoStar)

A major West Coast office owner is pausing development of two projects as leasing weakens and work-from-home and hybrid workplace arrangements complicate estimating future demand.

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News | Major West Coast Office REIT Halts Two California Projects, Citing the Economy and Working From Home