USE THIS LINK FOR INFORMATION:
Of the 19 other companies within the office REIT sector, Kilroy has three office REITs which directly compete with them.
Hudson Pacific Properties: Properties that directly compete with Kilroy are located in Los Angeles, San Francisco Bay Area, and Greater Seattle. They also have an emphasis on tech companies, and house Netflix, Google, salesforce, and Uber.
SL Green: Based out of New York, with 119.8 million square feet of office space. While not on the west coast, their property is on the equally attractive East Coast, with the potential to pull tech clients away from Kilroy.
Douglas Emmitt: They have approximately 10 million square feet of office space within 52 properties along with 2120 multifamily units within 8 properties located throughout Los Angeles Westside. Additionally, they have 6.8 million square feet of office space within 16 properties located in the Los Angeles Valley.
[Need to talk about how Kilroy is better or worse than them] What about private competition? No need to go on getting all the names but is the competition intense? Not as intense? Should we care. Remember public REITs are much bigger than smaller real estate companies so- But then there are small real estate companies that can hold. Some research would be good.