Why Kilroy Realty Stock Jumped 11.9% in February

The office-space segment of the commercial real estate market has taken a beating during the pandemic, but doubt about its recovery hasn't affected at least one notable player in this space: Kilroy Realty (NYSE: KRC), which saw its stock price rise by 11.9% during the month of February, according to data provided by S&P Global Market Intelligence.

Shares in the Los Angeles-based real estate investment trust (REIT) made that surge after fourth-quarter and 2021 full-year results released on Jan. 31. The report showed a profitable year just concluded and reason for optimism, driven by the company's successful focus on life sciences and traditional office space in San Diego, Los Angeles, and San Francisco.

Source Fool.com