v3.26.1
Dispositions and Real Estate Held for Sale (Table)
 3 Months Ended
Mar. 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of operating property dispositions and real estate held for sale
The following table summarizes the operating properties sold during the three months ended March 31, 2026:
PropertyMonth of DispositionNumber of BuildingsRentable
Square Feet
Sales Price (1)
Gain on Sale
(in millions)
Kilroy Sabre Springs, I-15 Corridor, CA (2)
January3427,764 $124.5 $8.2 
12348 High Bluff Drive (Del Mar Tech Center),
Del Mar, CA
March139,192 21.0 15.3 
Total
4466,956 $145.5 $23.5 
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(1)Represents gross sales price before broker commissions, closing costs, and purchase price credits.
(2)Kilroy Sabre Springs included the following buildings: 13480, 13500, and 13520 Evening Creek Drive North, San Diego, CA.
The major classes of real estate and other assets, net, of the properties classified as held for sale as of March 31, 2026 were as follows:

Real estate and other assets held for sale, net(in thousands)
Real estate assets, net
$247,411 
Prepaid expenses and other assets, net3,138 
Real estate and other assets, net
250,549 
Less: Impairment of real estate and other assets(61,778)
Total real estate and other assets held for sale, net$188,771