Kilroy Realty: West Coast Office Markets Are Still Booming
One of the biggest stories of 2020 has been the mass adoption of working from home. Office vacancy rates have risen throughout the year as companies go out of business or decide they need less space.
We recently heard from SL Green (NYSE: SLG), which is concentrated in New York City, while Kilroy (NYSE: KRC) is focused on the West Coast. New York City is seeing increased vacancy rates; however, according to Kilroy, the West Coast is holding up a little better.
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Source Fool.com
