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September 23.2025
2 Minutes Read

Kilroy Realty's $205M Maple Plaza Purchase: A Local Market Game Changer

Kilroy Realty Maple Plaza Acquisition, modern building facade in sunlight

Kilroy Realty's Strategic Move in Beverly Hills

Kilroy Realty Corporation has made headlines with their recent acquisition of Maple Plaza for an impressive $205.3 million. The sizable office building, spanning 293,000 square feet in Beverly Hills, was sold by Tishman Speyer, a well-known New York-based real estate firm. This transaction not only reflects the vibrant real estate market in Beverly Hills but also underscores the growing interests of investors in prime commercial assets.

Understanding the Numbers

The sale of Maple Plaza marks the largest office investment sale in Beverly Hills for the third quarter of the year and the second-largest overall for 2025. Sold at $707 per square foot, the property's value skyrocketed since its original purchase price of $101 million back in 2005, highlighting a substantial appreciation of 136.5% over the years.

A Glimpse into Beverly Hills' Real Estate Market

According to Stephen Somer, vice chair of CBRE’s capital markets team, the elevated price reflects strong fundamentals in the Beverly Hills area, such as increasing occupancy rates and robust asset performance. This trend signals an encouraging outlook for investors who are beginning to return to the market after a period of uncertainty.

What's Next for the Local Real Estate Landscape?

This acquisition is part of a broader strategy, as Tishman Speyer has recently offloaded multiple office properties in Beverly Hills. Los Angeles has seen these major transactions, showcasing a competitive landscape where asset values are on the rise. The community should keep an eye on the evolving market, which could lead to increased development opportunities and a shift in local business dynamics.

This real estate transaction matters not just for investors but for the community as a whole, as it signals the health of local businesses and the economy. As Kilroy Realty invests in iconic locations like Maple Plaza, they are also contributing to the revitalization and growth of the Beverly Hills community.

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