BXP, Inc. Stock Price, News & Analysis

BXP (NYSE: BXP) amended and restated CEO Owen D. Thomas’s employment agreement, extending his term through December 31, 2029 to align with the company’s multi‑year strategic action plan.

The Board also approved a 2025 Outperformance Plan (OPP) granting equity awards to senior leaders tied to dividend‑adjusted stock price targets: $90 for partial vesting and $118 for maximum vesting, measured over 20 consecutive trading days during the performance period ending December 22, 2029.

BXP expects to recognize approximately $32.1 million of OPP compensation expense over four years, including about $11.6 million (≈$0.07 per share) in 2026 guidance.

Pembroke (BXP) acquired Proto, a 280‑unit multifamily property in Kendall Square, Cambridge, MA, marking its fifth residential acquisition in two years and its first Boston‑area purchase under a global diversification strategy announced two years ago. Proto opened in 2018 and is currently 95% occupied; the asset holds LEED Gold certification and sustainability features including EV parking and all‑electric Energy Star appliances. Pembroke cited ongoing multifamily sourcing across North America, Europe and Asia Pacific and noted related 2025 acquisitions in Munich and Melbourne.

The seller was BXP; Newmark brokers represented the sale.

BXP (NYSE: BXP) declared a regular quarterly cash dividend of $0.70 per share for the period Oct 1, 2025–Dec 31, 2025. The dividend is payable on Jan 29, 2026 to shareholders of record at the close of business on Dec 31, 2025.

The company is a fully integrated REIT focused on workplaces across six gateway markets. As of Sept 30, 2025, BXP’s portfolio totaled 54.6 million square feet across 187 properties, with 8 properties under construction or redevelopment.

BXP (NYSE: BXP) reported strong leasing momentum in Q3 2025, signing more than 1.5 million square feet of leases with a weighted-average lease term of 7.9 years, its strongest Q3 since 2019 and a 38% increase versus Q3 2024. Leasing through the first nine months totaled approximately 3.8 million square feet. Key Q3 deals included >200,000 square feet in Boston Urban Edge (from existing vacancy), >475,000 square feet of Midtown Manhattan extensions (largest at 399 Park Avenue), two full-floor leases (~46,000 sq ft) at 360 Park Avenue South, and a 50,000 square foot technology lease in Reston that helped Reston Town Center reach 98% leased.

As of September 30, 2025, BXP's portfolio totaled 54.6 million square feet across 187 properties, including 8 properties under construction or redevelopment.

BXP (NYSE: BXP) reported Q3 2025 results for the quarter ended September 30, 2025. Revenue rose 1.4% to $871.5M. The company recorded a net loss attributable to BXP of $(121.7M) (EPS $(0.77)) driven largely by non-cash impairment charges totaling $1.22 per diluted share. FFO was $276.7M or $1.74 per diluted share, exceeding the midpoint of guidance by $0.04. BXP signed >1.5M sq ft of leases in Q3 (+38% YoY) and commenced construction of 343 Madison Ave (930k sq ft) with a LOI for ~274k sq ft. BXP issued $1.0B 2.00% exchangeable notes (net proceeds ~$940.1M) and completed land sales totaling ~$42.0M.

BXP (NYSE: BXP) closed a $465.0 million, 5.5-year non‑recourse mortgage loan secured by the podium and office tower at The Hub on Causeway in Boston, maturing April 9, 2031 with a fixed interest rate of ~5.733% per annum. Proceeds repaid two existing loans with an aggregate outstanding principal of ~$490 million. This is BXP’s first Green Bond mortgage financing, highlighting The Hub’s sustainability credentials. The financing was led by Wells Fargo, Morgan Stanley, and Bank of America. The Hub on Causeway includes office, retail, hotel, residential components and direct access to TD Garden and North Station. BXP’s portfolio totaled 53.7 million sq ft and 186 properties as of June 30, 2025.

BXP (NYSE: BXP), America's largest publicly traded developer and owner of premier workplaces, has scheduled its Q3 2025 financial results release for October 28, 2025, after NYSE trading hours.

The company will host a conference call and webcast on October 29, 2025, at 10:00 A.M. ET to discuss the results and provide a business update. Investors can register to participate in Q&A, while a listen-only webcast will be available on BXP's website. A replay will be accessible for up to twelve months following the call.

BXP (NYSE: BXP) has announced the pricing of an upsized offering of $850.0 million in 2.000% exchangeable senior notes due 2030, increased from the initially planned $600.0 million. The notes, scheduled to settle on September 29, 2025, will have an initial exchange rate of 10.8180 shares per $1,000 principal amount, representing an exchange price of $92.44 per share - a 22.5% premium over the current stock price.

The company expects net proceeds of approximately $828.8 million (or $975.2 million if the additional option is exercised). The proceeds will primarily fund the repayment of BXP's $1.0 billion 3.650% senior notes due 2026, with $29.8 million allocated to capped call transactions designed to reduce potential dilution.

BXP (NYSE: BXP), the largest publicly traded developer and manager of premier workplaces in the US, announced a proposed offering of $600 million in exchangeable senior notes due 2030. The company will also grant initial purchasers a 13-day option for an additional $90 million in notes.

The notes will be exchangeable for cash up to the principal amount, and if applicable, cash, BXP common stock, or a combination thereof. BXP plans to enter into capped call transactions to reduce potential dilution. The net proceeds will fund capped call transactions and partially repay BXP's $1.0 billion 3.650% senior notes due 2026.