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LOS ANGELES—“We saw 2010 as an opportunity,” said John Kilroy, chairman of the board, president and CEO of Kilroy Realty Corp., at the Allen Matkin‘s View from the Top conference earlier this week. Kilroy reflected on the downturn as years of great acquisition opportunities for the company; a move that he admits really paid off. “The last five years has been good to us,” he says, adding that the company is no longer in a buying phase. “Buying doesn’t make sense at this point in the cycle. I’d rather sell at a 4% cap than buy.”

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