KRC: Leasing and financial performance improved, with strong spreads and robust pipeline growth
Leasing momentum accelerated with 376,000 sq ft of new and renewal leases in Q2, driving strong GAAP and cash leasing spreads. Portfolio occupancy was 77%, and FFO reached $0.92 per share, supported by a $5.9M settlement. Guidance was affirmed, with a robust pipeline and improving market fundamenta…