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Dropbox’s 736K-SF Deal with Kilroy, San Francisco’s Largest Ever

Dropbox signed a lease to take all of Kilroy Realty Corp.’s 736,000 square feet of office space at The Exchange on 16th, a $570-million, 750,000 square-foot development in San Francisco’s Mission Bay neighborhood. The four-building property is currently under construction, and consists of 736,000 square feet of creative office space and 14,000 square feet of retail space.

The deal qualifies as the largest single Class A commercial transaction ever completed in San Francisco. Dropbox will take possession in three phases, beginning in Q4 2018 through Q4 2019.

Kilroy’s John Kilroy says, “This dynamic organization and their highly skilled workforce inspires us and our design as we look to the future and anticipate the needs of today’s creative workforce. Dropbox’s expansion at The Exchange is an excellent example of the entrepreneurship and innovation that drives San Francisco’s economy, and has made the City one of the strongest commercial real estate markets in the world.”


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Read more at Business WireConnect With Kilroy Realty’s Kilroy

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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