BXP - Mergers and acquisitions

This multifamily acquisition is Pembroke's fifth in two years and advances an ambitious global diversification strategy International real estate business Pembroke has announced the acquisition of Proto in Kendall Square in Cambridge, MA. A vibrant property since opening in 2018, Proto's 280 units are currently 95% occupied. The property is situated in the epicenter of technology, life science and academia and offers residents amenities that improve the quality of life—community spaces for entertaining or work, onsite concierge, a landscaped terrace, fitness center, pet spa and expansive bike storage. Sustainability features include LEED gold certification, EV parking and all electric ener

150,000 SF Lease with McDermott Will & Emery Kicks Off Redevelopment of the Property BXP (NYSE:BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that on December 27, 2024, it completed the acquisition of 725 12th Street, a 300,000 square foot, 12-story property in the East End of Washington, DC, for a gross purchase price of $34 million. BXP plans to demolish and redevelop the property into an approximately 320,000 square foot premier workplace. In conjunction with closing, BXP has executed an approximately 150,000 square foot lease with global law firm McDermott Will & Emery for the top five floors of the future ne

Completes Acquisition of 125 Broadway & Signs Lease to Redevelop 300 Binney Street BXP (NYSE:BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that it completed the acquisition of 125 Broadway, a six-story, 271,000 square foot laboratory/life sciences property. BXP purchased the property from Biogen for a gross purchase price of approximately $592.0 million. Biogen has signed a lease for and will continue to occupy the entire property through April 2028. BXP funded the purchase price with cash and borrowings under its line of credit, and it is evaluating opportunities to own the property with one or more joint ventur

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2022 to June 30, 2022, payable on July 29, 2022 to shareholders of record as of the close of business on June 30, 2022. Boston Properties (NYSE:BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The Company is a fully integrated real es

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it will host BXP's first ESG Investor Update on Thursday, June 16, 2022 at 11:00 AM ET. BXP's ESG Investor Update will be webcast live beginning at 11:00 AM ET on June 16, 2022 and is expected to conclude at approximately 12:15 PM ET. The webcast will be moderated by Doug Linde, President, and will include presentations by Ben Myers, VP, Sustainability, and Amy Gindel, SVP, Finance & Planning, and Blake Levy, VP, Construction, Co-Chairs of BXP's DEI Council. The webcast can be accessed by registering through this dedicated li

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it completed the acquisition of Madison Centre, a 37-story, approximately 760,000 square foot, LEED-Platinum certified, Class A office property in Seattle, Washington. "We are thrilled to acquire Madison Centre, one of the highest quality properties in downtown Seattle, as we continue our growth in the region," said Kelley Lovshin, Vice President, Seattle Region, BXP. "With unmatched amenities, dynamic workspaces, and excellent accessibility to public and private transit options, Madison Centre is desirable to a wide range of

Awarded Highest Honor Given by the ENERGY STAR Program for the 2nd Year Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that it has received the 2022 ENERGY STAR Partner of the Year—Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy for the second consecutive year. The Sustained Excellence award is the highest honor bestowed by the ENERGY STAR program. According to ENERGY STAR, the winners are part of a distinguished group that has made a long-term commitment to fighting climate change and protecting public health through

Report Details KPIs, Progress Towards BXP's ESG Goals, and Continued Focus on Strategic Climate Action, Climate Resilience, Diversity & Inclusion, Healthy Buildings, and Community Engagement Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced the release of BXP's 2021 ESG Report. 2021 Highlights include: Remaining on track to achieve carbon-neutral operations by 2025 Increasing Board oversight through a dedicated Sustainability Committee Executing on actionable diversity & inclusion initiatives and goals Issuing an aggregate of $1.7 billion of "Green Bonds" Adding a susta

SAN DIEGO, April 21, 2022 (GLOBE NEWSWIRE) -- Measurabl, the world's most widely adopted ESG data management solution for commercial real estate, announced today the acquisition of Hatch Data, a smart building platform designed to decarbonize real estate portfolios. "Our product vision is to deliver a comprehensive, meter-to-market ESG technology solution that allows every real estate stakeholder to measure, manage, and act upon ESG," says Matt Ellis, Founder and CEO of Measurabl. "Hatch Data completes our product vision by extending our platform to include real-time, building-level insights, project recommendations, and tools that directly help customers improve ESG performance and meet

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2022 to March 31, 2022 payable on April 29, 2022 to shareholders of record as of the close of business on March 31, 2022. Boston Properties (NYSE:BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The Company is a fully integrated rea

Initial 390,000 Square Feet of Planned 1.1 Million Square Foot Urban Office Campus Expected to Deliver in Late 2024 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that construction has resumed on the first phase of the Platform 16 development project in San Jose. The first phase of the development will include the construction of an approximately 390,000 square foot Class A creative office building, which is expected to be ready for client fit-out in late 2024, and a below-grade parking garage. BXP owns a 55% interest in, and provides development, property management, and leas

Executes 1.8 Million Square Feet of Leases with a Weighted-Average Lease Term of 8.6 Years Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced that it executed approximately 1.8 million square feet of leases in the fourth quarter of 2021 with a weighted-average lease term of 8.6 years, bringing BXP's total leasing activity for 2021 to approximately 5.1 million square feet. Leasing activity was widely spread across BXP's major markets. Notable leases signed during the fourth quarter include: a 231,000 square foot lease for the entire 751 Gateway life science building in South San Franci

BOSTON, Jan. 20, 2022 /PRNewswire/ -- Senseware today announced that Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, has selected Senseware's technology solution to implement real-time indoor air quality (IAQ) monitoring across BXP's portfolio as part of its healthy building strategy. Senseware's air quality monitoring technology is the latest addition to BXP's healthy building initiatives."As a leader in sustainable and healthy property development and operations, we are pleased to be adding real-time indoor air monitoring to our portfolio," said Doug Linde, President, BXP. "Our data-driven app

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced the 2021 tax treatment of distributions on its common stock and 5.25% Series B Cumulative Redeemable Preferred Stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment to them of these distributions. Common Shares (CUSIP #101121101) Record Date Payment Date Total Distribution per Share Total Distribution Allocable to 2021 2021 Taxable Ordinary Dividends 2021 Qualified Dividends (1) 2021 Short- term Capital Gain (1) 20

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company was named to Newsweek's America's Most Responsible Companies 2022 list. BXP ranked first in its industry with an increased ranking of 31st overall out of the 500 companies included on this year's list. "Real estate companies play a crucial role in addressing the climate crisis and I am proud of this recognition and BXP's leadership position in ESG," said Owen Thomas, CEO of BXP. "Through our focus on environmental, social, and governance leadership, we are a more purposeful company. These efforts drive engagement a

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that Wellington Management has committed to a long-term, 106,000 square foot Net Zero lease at 140 Kendrick Street located in Needham, Massachusetts. The transaction includes a commitment from BXP to reposition the premises as Net Zero, Carbon Neutral, which is further defined by the LEED Zero Carbon Certification. Wellington Management recently renewed and expanded their lease with BXP at Atlantic Wharf in Boston, where the firm has been headquartered since the building opened in 2011. 140 Kendrick Street is a 440,000 square foot

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period October 1, 2021 to December 31, 2021 payable on January 28, 2022 to shareholders of record as of the close of business on December 31, 2021. Boston Properties (NYSE:BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The Company is a fully integr

Forms Joint Venture and Enters Midtown South Submarket Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that, on December 14, 2021, it completed the acquisition of 360 Park Avenue South, a 450,000 square-foot, 20-story office property located in the Midtown South submarket of Manhattan, New York, from Enterprise Asset Management, Inc. Redevelopment of the property has commenced, including modernizing building systems and creating amenities, collaborative spaces, and client spaces, to reimagine the property to meet the needs of today's tech and creative firms and position it as th

BOSTON, Dec. 17, 2021 /PRNewswire/ -- Timed with the Winter Holidays and gift-giving season, Läderach-chocolatier suisse announced the opening of its newest premium chocolate store at the Prudential Center in Boston. This store is located on the main level and allows chocolate lovers to awaken their five senses through more than 85 artisanal varieties of handcrafted chocolates directly from Switzerland. The store includes Läderach's iconic FrischSchoggi™ (fresh chocolate) counter at the front behind clear glass featuring multiple large slabs of chocolate bark that can be hand-broken and enjoyed for any everyday ritual. Additional chocolates include handcrafted pralines, truffles, chocolate p

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company has been named to the inaugural Forbes Green Growth 50 list. BXP ranked #4 among the top 50 companies that are reducing greenhouse gas emissions while growing profits. "Since the industrial revolution, economic growth has often been correlated with increased greenhouse gas emissions," said Ben Myers, Vice President of Sustainability, BXP. "BXP's commitment to sustainable development and operations is core to our business. Through greater efficiency, renewable energy, and more sustainable supply chains, we are focus

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that a joint venture in which the Company has a 49% ownership has executed a 229,000 square foot lease with a leading biotech company at the venture's 751 Gateway project in South San Francisco, California. The lease covers the entire building, which is currently under construction with initial occupancy expected in early 2024. "South San Francisco continues to be the location of choice for leading life science companies, and 751 Gateway provides an excellent combination of location and amenities these companies use to attract tale

BXP Life Sciences Conversion Project is Approximately 70% Pre-Leased Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company has executed three leases totaling 166,000 square feet at its life sciences conversion project at 880 Winter Street in Waltham, Massachusetts. With these leases, the 244,000 square foot project, which is expected to deliver in the second half of 2022 is approximately 70% pre-leased. "We are thrilled by these agreements, as they reinforce the desirability of Waltham as a leading destination for life sciences organizations to attract and retain key

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company has been named to the Dow Jones Sustainability Index (DJSI) North America for 2021. BXP was one of nine real estate companies that qualified and the only office REIT in the index, scoring in the 93rd percentile of the industry universe of companies assessed for inclusion. The DJSI North America is one of the most recognized benchmarks of corporate environmental, social, and governance (ESG) efforts, ranking the most sustainable companies across industries and based on scores achieved on the S&P Global Corporate Sus

Premier Online Cooking and Home Brand Signs Full-Floor Lease at the 675,000 SF High-Tech Office Building Rudin Development and Boston Properties (NYSE:BXP) announced today that Food52, a premier online cooking and home brand, is moving its New York offices to Dock 72 at the Brooklyn Navy Yard. Food52, which currently has offices in Chelsea, will occupy approximately 42,000 square feet of space spanning the entire 13th floor. As part of a 12-year lease, the firm plans to relocate from Manhattan to Dock 72 during the second half of 2022. Co-founded in 2009 by former New York Times food editors Amanda Hesser and Merrill Stubbs, Food52 created a digital hub combining content, commerce, and co

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that it has earned a top ESG rating in the 2021 Global Real Estate Sustainability Benchmark (GRESB®) assessment. BXP earned a tenth consecutive "Green Star" recognition and the highest GRESB 5-star Rating, as well as an "A" disclosure score. The Company also achieved the highest scores in several categories, including Data Monitoring & Review, Targets, Policies, Reporting, and Leadership. "BXP's steadfast commitment to sustainable development and operations and our overall focus on ESG continue to be core to our mission and driven

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today the redemption price for the $1.0 billion in aggregate principal amount of 3.85% senior unsecured notes due February 1, 2023 (the "3.85% Notes") issued by its operating partnership, Boston Properties Limited Partnership ("BPLP"). The 3.85% Notes will be redeemed in full on October 15, 2021 (the "Redemption Date"), and the redemption price for the 3.85% Notes will be approximately $1.05 billion. The redemption price includes approximately $7.9 million of accrued and unpaid interest to, but not including, the Redemption Date. Excludi

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, formally announced today the name and additional details of the world-class observatory and experiential attraction under development at Prudential Center in Boston, Massachusetts. The 59,000 square foot venue will be Boston's only observatory and is slated to open in 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211012005873/en/View Boston at Prudential Center (Photo: Business Wire) The observatory will encompass the top three floors of the Prudential Tower. Project highlights i

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, and its partner, Norges Bank Investment Management announced today that Wellington Management has signed a long-term lease renewal at Atlantic Wharf located at 280 Congress Street, Boston, Massachusetts. The 524,000 square foot, 10-year lease agreement will commence in 2026 and includes a 66,000 square foot expansion within the building which commences in 2022. Wellington, one of the world's largest independent asset managers, has been headquartered at Atlantic Wharf since the building's opening in 2011, and will occupy 22 floors of the 31-story bu

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that company executives will participate in a panel discussion at the BofA Securities 2021 Global Real Estate Conference on September 21, 2021. Owen Thomas, Chief Executive Officer, Doug Linde, President, and Michael LaBelle, Chief Financial Officer will be on the panel, which is scheduled to begin at approximately 9:00 a.m. ET. The panel discussion will be webcast live in audio-only and may be accessed via the Investors section of the Company's website at https://investors.bxp.com/events-webcasts. A replay will also be available a

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period July 1, 2021 to September 30, 2021 payable on October 29, 2021 to shareholders of record as of the close of business on September 30, 2021. Boston Properties (NYSE:BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The Company is a fully integra

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it completed the acquisition of Safeco Plaza, a 50-story, 800,000 square-foot, LEED-Platinum certified, Class A office property in Seattle, Washington. Safeco Plaza is currently 90% leased. This acquisition marks the Company's initial entry into the Seattle market, one of the most dynamic office markets in the U.S. for companies in the technology, life sciences, financial services, and manufacturing sectors. With significant job growth from the technology and life sciences sectors, Seattle grew faster than any large city in 202

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it has agreed to acquire 360 Park Avenue South, an existing 450,000 square-foot 20-story office property located at the southwest corner of Park Avenue South and 26th Street in the Midtown South submarket of Manhattan, New York. The property is currently fully leased to a single tenant who will be vacating in late 2021, providing BXP with the opportunity to complete extensive upgrades and transform it into a premier modern building that will attract Class A clients. The Company expects to close the acquisition in December 2021

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it has agreed to purchase the Shady Grove Bio+Tech Campus in Rockville, Maryland. The property includes seven existing buildings comprising approximately 435,000 square feet across 31 acres in the Shady Grove life sciences cluster, a highly desirable location for leading and emerging companies in the biotechnology sector. The Company plans to convert the office buildings on the campus to lab to meet current and growing demand in the region from biotechnology companies for new, Class A lab space. The Company expects to begin re

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it has entered into a binding agreement to acquire Safeco Plaza, a 50-story, 800,000 square-foot, LEED-Platinum certified, Class A office property in Seattle, Washington. This acquisition will mark the Company's initial entry into the Seattle market, one of the most vibrant markets in the U.S. for companies in the technology, life sciences, financial services, and manufacturing sectors. The Company plans to complete the acquisition through a joint venture with one of the participants in its recently announced Co-Investment Pro

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, Canada Pension Plan Investment Board ("CPP Investments") and GIC announced today that they have established a co-investment program for future acquisitions of office properties in the United States. Through the program, the partners intend to selectively acquire and operate office properties in BXP's core markets – Boston, Los Angeles, New York, San Francisco and Washington, DC, as well as Seattle. The partners have targeted an aggregate of $1.0 billion of equity to the program, with BXP and CPP Investments each allocating $250 million and GIC all

Boston Properties, Inc. (NYSE:BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced that it will release financial results for the second quarter on Tuesday, July 27, 2021 after the close of trading. The Company will host a conference call and webcast on Wednesday, July 28, 2021 at 10:00 A.M. Eastern Time to discuss the financial results for the second quarter and provide a Company update. The conference call can be accessed by dialing (877) 796-3880 (Domestic) or (443) 961-9013 (International) and entering the passcode 3259478. There will also be a live audio, listen-only webcast of the call, which may be accessed in t

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2021 to June 30, 2021 payable on July 30, 2021 to shareholders of record as of the close of business on June 30, 2021. Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organize

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced it has signed a 351,000 square-foot, seven-year lease with a leading entertainment company. The tenant is expanding and extending its lease with Boston Properties at Colorado Center, a 1.2 million square foot urban creative office campus located in the largest concentration of technology, media, advertising and entertainment companies in Los Angeles. “This organization’s culture of innovation and creativity makes Colorado Center the ideal campus for their worldwide headquarters,” said Jonathan Lange, S

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it has acquired 153 & 211 Second Avenue, two lab properties comprising 153,000 square-feet in Waltham, Massachusetts, a highly desirable location for leading and emerging companies in the life sciences and biotechnology sector. The Company acquired the two lab buildings from an affiliate of Montana Avenue Capital Partners, LLC for a gross purchase price of $100 million in cash. 153 & 211 Second Avenue are 100% leased to a leading pharmaceutical company and are adjacent to BXP’s 200 West Stre

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today it has signed a 98,000 square foot, 12-year lease with Boston Consulting Group (BCG) at Metropolitan Square in Washington, DC. BCG, a pioneer in business strategy and one of the largest management consulting firms in the world, is relocating their DC regional offices from Bethesda, MD and expanding their footprint at Met Square to accommodate planned growth. "BCG has had a robust presence in the Washington, DC metro region for many years," said Justin Dean, Washington, DC Managing Director & Partner, BCG. "The move to Met Square on

NEW YORK, May 3, 2021 /PRNewswire/ -- Fitwel®, the healthy building certification system operated by the Center for Active Design (CfAD), today announced the latest names in real estate to achieve its Viral Response Module (VRM) certification, designed to mitigate the transmission of infectious respiratory diseases within buildings. Gaedeke Group, JBG Smith and The Meridian Group have certified their operational policies at the enterprise level, while Boston Properties, Tower Companies, BentallGreenOak (BGO) and Alexandria Real Estate Equities have attained asset-level approval at their properties after achieving enterprise certification. These milestones demonstrate how real estate investor

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that Roku, Inc. has signed a new, 10-year lease agreement for 72,000 square feet in BXP's 1.2 million square foot Colorado Center office campus in Santa Monica, California. "We are very excited to begin our next chapter in Colorado Center. Our space will provide an ideal location for our team to connect, collaborate, and innovate, and we are thrilled to partner with Boston Properties to bring the space to life," said Kevin Kearns, Director, Global Real Estate, Roku. "Roku is one of the fastest growing entertainment platforms in th

Sees Recent Uptick in Leasing Activity and Signs Long-Term Leases with Media, Technology and Consulting Companies; Commences New Life Sciences Development Projects in Waltham, MA and South San Francisco CA to Meet Growing Tenant Demand Boston Properties, Inc. (NYSE:BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, reported results today for the first quarter ended March 31, 2021. Financial highlights for the first quarter include: Net income attributable to common shareholders of $91.6 million, or $0.59 per diluted share (EPS), compared to $497.5 million, or $3.20 per diluted share, for the quarter ended March 31, 2020. The

Releases 2020 ESG Report Detailing Performance and Strategic Climate Action, Climate Resilience, Diversity and Inclusion, Health Security, and Community Involvement Efforts Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced several milestones that reinforce the Company's longstanding focus on Environmental, Social and Governance (ESG) issues. As part of its 2020 ESG Report released today, the Company announced it has: Committed to achieving carbon neutral operations by 2025. BXP had previously established an emissions reduction target ambition in line with a 1.5°C trajectory, the

20 CityPoint Now 100% Leased Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced it has signed a 75,000 square-foot, seven-year lease with Imprivata®, the digital identity company for healthcare. Imprivata, which has been ranked by The Boston Globe as one of the top 10 places to work among large employers in 2020, will move its headquarters to Boston Properties' recent development at 20 CityPoint in Waltham, Massachusetts. Boston Properties developed 20 CityPoint and placed it in service in 2020. With this lease, the office portion of the property is now 100% leased. "We look forward to

Boston Properties, Inc. (NYSE:BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced that it will release financial results for the first quarter on Tuesday, April 27, 2021 after the close of trading. The Company will host a conference call and webcast on Wednesday, April 28, 2021 at 10:00 A.M. Eastern Time to discuss the financial results for the first quarter and provide a Company update. The conference call can be accessed by dialing (877) 796-3880 (Domestic) or (443) 961-9013 (International) and entering the passcode 8878526. There will also be a live audio, listen-only webcast of the call, which may be accessed in t

Awarded Highest Honor Given by the ENERGY STAR Program Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that it has received the 2021 ENERGY STAR Partner of the Year—Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. The Sustained Excellence award is the highest honor bestowed by the ENERGY STAR program. According to ENERGY STAR, the winners are part of a distinguished group that has made a long-term commitment to fighting climate change and protecting public health through energy efficiency, and they are among the nation'

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2021 to March 31, 2021 payable on April 30, 2021 to shareholders of record as of the close of business on March 31, 2021. Boston Properties (NYSE: BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully i

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, today announced that Peter Otteni and Jake Stroman will succeed Peter Johnston as Co-Heads of the Company’s Washington, DC office effective May 15, 2021. Mr. Johnston has decided to retire from the Company in May 2021 after more than 33 years of service. Ray Ritchey will continue in his role as Senior Executive Vice President providing support for the Washington, DC region, as well as coordinating BXP’s national leasing teams and business development activities in new regions. “We are grateful for Peter’s many co

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE:BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, reported results today for the fourth quarter and full year ended December 31, 2020. Financial highlights for the fourth quarter include: Net income attributable to common shareholders of $7.3 million, or $0.05 per diluted share (EPS), compared to $140.8 million, or $0.91 per diluted share, for the quarter ended December 31, 2019. Net income in the fourth quarter of 2020 included a $0.35 per share non-cash impairment charge related to the Company’s investment in Dock 72, a 670,000 square-foot Class A office prop

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded owner and manager of Class A office properties in the United States, announced today the 2020 tax treatment of distributions on its common stock and 5.25% Series B Cumulative Redeemable Preferred Stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment to them of these distributions. Common Shares (CUSIP #101121101) Record Date   Payment Date   Total Distribution per Share   Total Distribution Allocable to 2020   2020 Taxable Ordinary Dividends   2020 Qualified Dividends (1)   2020 Short- term C

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced today that its operating partnership, Boston Properties Limited Partnership, issued a notice to redeem in full the $850.0 million in aggregate principal amount of its 4.125% Senior Notes due 2021 (the “Notes”) at a redemption price equal to par plus accrued and unpaid interest to the redemption date. The Notes will be redeemed in full on February 14, 2021 (the “Redemption Date”). The aggregate redemption price for the Notes will be approximately $858.7 million, including approximately $8.7 million of accr

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE:BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced that it will release financial results for the fourth quarter and full year 2020 on Tuesday, January 26, 2021 after the close of trading. The Company will host a conference call and webcast on Wednesday, January 27, 2021 at 10:00 A.M. Eastern Time to discuss the financial results for the fourth quarter and provide a Company update. The conference call can be accessed by dialing (877) 796-3880 (Domestic) or (443) 961-9013 (International) and entering the passcode 2954797. There will also be a live listen-o

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded owner and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period October 1, 2020 to December 31, 2020 payable on January 28, 2021 to shareholders of record as of the close of business on December 31, 2020. The Board of Directors also declared a regular quarterly cash dividend for the Company’s 5.25% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”). The cash dividend of $0.328125 per depositary share is payable on February 16

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, today announced that it has earned a sector leader position, through its recognition as the highest ranked office REIT on Newsweek’s America’s Most Responsible Companies 2021 list. BXP ranked second among all property companies, and 56th overall out of the 400 companies included on this year’s list. “I am proud of this recognition and BXP’s leadership position in ESG. Our commitment to ESG is core to our operations and a point of pride for our employees and our communities,” said Owen Thomas, CEO of BXP. “‘Our ab

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, today announced that it has earned a top ESG rating in the 2020 Global Real Estate Sustainability Benchmark (GRESB®) assessment. BXP earned a ninth consecutive “Green Star” recognition and the highest GRESB 5-star Rating, as well as an “A” disclosure score. The Company also achieved the highest scores in several categories, including: Data Monitoring & Review, Targets, Policies, Reporting and Leadership. “Despite the challenges of 2020, we maintained our steadfast commitment to sustainable development and operati