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Kilroy Realty Secures Another Mega-Deal
Kilroy Realty Corporation signed a 207,000-square-foot lease with Okta, Inc. at 100 First Street, a 27-story office property in San Francisco’s SoMa district. The leading provider of identity for the enterprise is expanding its footprint in the city following its April 2017 IPO and anticipated growth.
Okta plans to establish a new corporate headquarters at the 467,000-square-foot building, with expected occupancy occurring in phases, beginning in Q2 2018.
Kilroy’s John Kilroy says, “San Francisco continues to incubate some of the most dynamic new companies in the world and we are delighted that Okta, a thriving newly public company, has chosen to join our roster of tenants in the city.”
Okta’s lease at 100 First Street is the most recent in a series of record-breaking deals executed by Kilroy Realty. They include Dropbox’s 736,00-square-foot deal at The Exchange at 16th, and Adobe’s 320,000-square-foot deal at 100 Hooper.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease


