Kilroy Realty Sells Three-Building Office Campus In San Diego For $124.5 Million

The sale involved a three-building office campus located at 13480, 13500 & 13520 Evening Creek Drive in the San Diego market. The total transaction price was $124,500,000 for an asset spanning 428,000 square feet, resulting in a price per square foot of $291. The property sits on an 11.93-acre site, highlighting its scale and potential for future development.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $124,500,000
• Square Footage: 428,000
• Price Per Square Foot: $291
• Address: 13480, 13500 & 13520 Evening Creek Drive
• Market: San Diego
• Seller: Angela Aman - Kilroy Realty
• Broker: JLL

The closed transaction in January 2026 was part of Kilroy Realty's strategic capital recycling plan under CEO Angela Aman, which involves divesting suburban office properties to focus on life science and urban office investments. The buyer's identity remains undisclosed.