Los Angeles-based Kilroy Realty Corp. has appointed Steve Rosetta as EVP and chief investment officer. Rosetta will be responsible for overseeing the company’s strategic growth, including acquisition and disposition activities, with a specific focus on the company’s development opportunities and large office and life science transactions.
Rosetta joins Kilroy Realty from Cushman & Wakefield where he most recently served as a vice chairman and was a member of the Global Advisory Board. During his tenure at Cushman & Wakefield, from September 1996 to June 2017, he held various senior leadership roles and successfully led several strategic growth objectives for the firm, including the acquisition and integration of Burnham Real Estate in 2007.
Rosetta has negotiated numerous large complex transactions from acquisitions to ground up developments as well as lease and sales transactions. He holds a Master’s degree in Real Estate Development from the University of Southern California.
“Steve is a proven deal maker and brings an excellent track record of identifying and executing complex transactions through diligent pursuit, creative structuring and disciplined evaluation,” says John Kilroy, chairman and CEO of Kilroy Realty. “He is an expert in both office and life science, which matches up extremely well with our growth strategies.”
According to Rosetta, “KRC has an amazing brand, iconic properties, and a strong balance sheet.”
At March 31, 2017, Kilroy’s stabilized portfolio totaled approximately 14.4 million square feet of office space and 200 residential units located in the coastal regions of Los Angeles, Orange County, San Diego, the San Francisco Bay Area and Greater Seattle. In addition, KRC had two office projects totaling approximately 1.2 million square feet, 237 residential units and 96,000 square feet of retail space under construction.