Articles from Boston Properties, Inc.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces 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, 2024 to June 30, 2024, payable on July 31, 2024 to shareholders of record as of the close of business on June 28, 2024.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces 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, 2024 to March 31, 2024, payable on April 30, 2024 to shareholders of record as of the close of business on March 28, 2024.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the 2023 tax treatment of distributions on shares of its common 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces 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, 2023 to December 31, 2023, payable on January 30, 2024 to shareholders of record as of the close of business on December 29, 2023.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces 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, 2023 to September 30, 2023, payable on October 31, 2023 to shareholders of record as of the close of business on September 29, 2023.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces 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, 2023 to June 30, 2023, payable on July 31, 2023 to shareholders of record as of the close of business on June 30, 2023.

Boston Properties, Inc. (NYSEBXP) (“BXP”), the largest publicly traded developer, owner and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has agreed to sell $750.0 million of 6.500% senior unsecured notes due 2034 in an underwritten public offering through BNY Mellon Capital Markets, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as joint book-running managers. The notes were priced at 99.697% of the principal amount to yield 6.537% to maturity. The notes will mature on January 15, 2034, unless earlier redeemed. The offering is expected to close on May 15, 2023, subject to the satisfaction of customary closing conditions.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces 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, 2023 to March 31, 2023, payable on April 28, 2023 to shareholders of record as of the close of business on March 31, 2023.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the 2022 tax treatment of distributions on shares of its common 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premier workplaces 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, 2022 to December 31, 2022, payable on January 30, 2023 to shareholders of record as of the close of business on December 30, 2022.

Boston Properties, Inc. (NYSEBXP) (“BXP”), the largest publicly traded developer, owner and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has agreed to sell $750 million of 6.750% senior unsecured notes due 2027 in an underwritten public offering through BofA Securities, Inc., J.P. Morgan Securities LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as joint book-running managers. The notes were priced at 99.941% of the principal amount to yield 6.763% to maturity. The notes will mature on December 1, 2027, unless earlier redeemed. The offering is expected to close on November 17, 2022, subject to the satisfaction of customary closing conditions.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of premium workplaces in the United States, announced today that it completed the disposition of 601 Massachusetts Avenue, NW, Washington, DC, for a gross sales price of $531 million and net proceeds of approximately $512 million. The gross sales price equates to approximately $1,100 per rentable square foot.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, reported results today for the second quarter ended June 30, 2022.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it will release financial results for the second quarter of 2022 on Tuesday, July 26, 2022, after the close of trading on the NYSE. BXP will host a conference call and webcast on Wednesday, July 27, 2022, at 10:00 A.M. Eastern Time to discuss the financial results for the second quarter and provide an update on BXP.

Boston Properties, Inc. (NYSEBXP), 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, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that Owen Thomas – Chairman & CEO, Douglas Linde - President, and Michael LaBelle - Chief Financial Officer, will participate in and present at the Nareit REITweek Investor Conference June 7-9, 2022 in New York City, NY.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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, 2022.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it will release financial results for the first quarter on Monday, May 2, 2022, after the close of trading on the NYSE. BXP will host a conference call and webcast on Tuesday, May 3, 2022, at 11:00 A.M. Eastern Time to discuss the financial results for the first quarter and provide an update on BXP. The timing of the release is four business days later than BXP’s typical timeframe due to scheduling conflicts.

Boston Properties, Inc. (NYSEBXP), 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, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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, 2021.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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 2021 on Tuesday, January 25, 2022, after the close of trading. The Company will host a conference call and audio webcast on Wednesday, January 26, 2022, at 10:00 A.M. Eastern Time to discuss the financial results for the fourth quarter and full year 2021 and provide a Company update.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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, Inc. (NYSEBXP), 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 the premier workspace for growing companies in Midtown South.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, reported results today for the third quarter ended September 30, 2021.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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”).

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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 third quarter on Tuesday, October 26, 2021, after the close of trading. The Company will host a conference call and audio webcast on Wednesday, October 27, 2021 at 10:00 A.M. Eastern Time to discuss the financial results for the third quarter and provide a Company update.

Boston Properties, Inc. (NYSEBXP), 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 building.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP) (the “Company”), 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 (“BPLP”), has agreed to sell $850.0 million of 2.450% senior unsecured notes due 2033 in an underwritten public offering through BNY Mellon Capital Markets, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC, as joint book-running managers. The notes were priced at 99.959% of the principal amount to yield 2.454% to maturity. The notes will mature on October 1, 2033, unless earlier redeemed. The offering is expected to close on September 29, 2021, subject to the satisfaction of customary closing conditions.

Boston Properties, Inc. (NYSEBXP), 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, Inc. (NYSEBXP), 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 2020 and continues to rank as one of the top tech markets for employers and employees.

On Friday, July 16, 2021 Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, celebrated the groundbreaking of 180 CityPoint, a 329,000 square foot life sciences building currently under construction at 180 Third Avenue in Waltham, Massachusetts. 180 CityPoint is located within the CityPoint district in Waltham, a highly desirable location for leading and emerging companies in the life sciences and biotechnology sector. The six-story building will feature over 310,000 square feet of lab and office space in addition to over 19,000 square feet of amenities and a floor of office space available to tenants with flexible lease terms. Amenities will include a food hall, expansive outdoor roof deck, boutique wellness center with indoor basketball court, shared meeting facilities, and covered parking. The construction of 180 CityPoint builds on BXP’s 4.9 million square feet of lab and Class A office properties in the Waltham/Lexington region of Massachusetts.

Boston Properties, Inc. (NYSEBXP), 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 for a purchase price of approximately $300 million.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, reported results today for the second quarter ended June 30, 2021.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that Hilary Spann will succeed John Powers as Head of the Company’s New York office effective January 1, 2022. Mr. Powers has decided to retire from the Company in December 2021 after more than eight years of service. Hilary will join BXP as an Executive Vice President in September 2021.

Boston Properties, Inc. (NYSEBXP), 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, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced it has signed a 140,000 square-foot expansion lease with a technology company at 3100 Ocean Park Blvd. at Santa Monica Business Park, the Company’s 1.2 million square-foot creative campus in Santa Monica, California.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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:

Boston Properties, Inc. (NYSEBXP), 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.

Boston Properties, Inc. (NYSEBXP), 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.