Welcome to our dedicated page for BXP news (Ticker: BXP), a resource for investors and traders seeking the latest updates and insights on BXP stock.
BXP, Inc. (NYSE: BXP) is a fully integrated real estate investment trust that describes itself as the largest publicly traded developer, owner, and manager of premier workplaces in the United States. Its news flow reflects activity across six gateway markets: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC, as well as capital markets and corporate developments.
On this page, readers can review news items that BXP has released about its business, including leasing milestones, development progress, asset sales, financing transactions, and dividend declarations. Recent announcements have highlighted strong leasing momentum measured in millions of square feet, long-term leases in Midtown Manhattan, and the commencement or delivery of major projects such as 343 Madison Avenue and other premier workplace developments in Boston, Reston, and New York.
BXP’s news also covers its multi‑year strategic asset sales plan, under which it reports completing sales of suburban land parcels, residential properties, and non‑core office and life sciences assets with aggregate net proceeds exceeding $1.0 billion. In addition, the company issues updates on capital structure decisions, such as exchangeable senior notes offerings and Green Bond mortgage financing secured by The Hub on Causeway podium and office tower in Boston.
Investors and observers can use this news feed to follow how BXP describes its leasing performance, portfolio optimization, financing activities, and dividend actions over time. Because these items are drawn from official company announcements, they provide direct insight into management’s views on its premier workplace portfolio and strategic priorities in its core gateway markets.
BXP Life Sciences has announced the leasing of 166,000 square feet at its life sciences conversion project located at 880 Winter Street, Waltham, Massachusetts. This project, approximately 70% pre-leased, is expected to be completed in the second half of 2022. The new tenants include TScan Therapeutics, RVAC Medicines, and EdiGene, highlighting the project's appeal to life sciences organizations. BXP continues to develop its portfolio, with over 3 million square feet focused on life sciences across various markets.
Summary not available.
Boston Properties (NYSE:BXP) has announced that Food52, a leading online cooking brand, will relocate to Dock 72 at the Brooklyn Navy Yard, signing a 12-year lease for 42,000 square feet on the entire 13th floor. The move, planned for the second half of 2022, reflects Food52's commitment to integrating content and commerce in a collaborative workspace.
Dock 72, opened in 2019, features state-of-the-art amenities and is positioned within Brooklyn's growing tech hub, benefitting from a $1 billion expansion of the Navy Yard.
Boston Properties, Inc. (BXP) reported a Q3 2021 revenue increase of over 5% to $730.1 million, with net income of $108.3 million or $0.69 per diluted share. The company signed 1.4 million square feet of leases, including a notable lease with Wellington Management for 524,000 square feet. BXP entered the Seattle market by acquiring Safeco Plaza for approximately $465 million. The company projected 2022 EPS between $2.97 and $3.17 and 2022 FFO from $7.25 to $7.45 per diluted share.
Summary not available.
Boston Properties, Inc. (NYSE: BXP) announced the full redemption of $1.0 billion in senior unsecured notes (3.85% Notes) on October 15, 2021. The redemption price is approximately $1.05 billion, including $7.9 million in accrued interest. This action is funded by proceeds from an $850 million offering of 2.45% Notes due 2033, alongside other financing sources. The firm anticipates a loss from early extinguishment of debt of about $43.9 million, or $0.25 per diluted share, in Q4 2021.
Boston Properties, Inc. (NYSE: BXP) has announced the development of View Boston, a 59,000 square foot observatory at Prudential Center in Boston, set to open in 2023. This venue, Boston's only observatory, will feature immersive exhibits, a cocktail lounge, and a 360-degree outdoor viewing deck, spanning the top three floors of Prudential Tower. Aimed at both locals and tourists, View Boston promises to enhance the city's experience by hosting various special events. The project is being constructed by Turner Construction Co. and designed by Perkins & Will.
Boston Properties (NYSE: BXP), the largest publicly traded developer and owner of Class A office properties in the U.S., will release its third-quarter financial results on October 26, 2021, after trading closes. A conference call and audio webcast are scheduled for October 27, 2021, at 10:00 A.M. Eastern Time to discuss these results and provide company updates. The company, with a portfolio of 51.5 million square feet across 197 properties, is focused on key markets including Boston, Los Angeles, and New York.
Boston Properties (NYSE: BXP) and Norges Bank Investment Management announced a long-term lease renewal with Wellington Management at Atlantic Wharf in Boston. The 10-year lease, starting in 2026, covers 524,000 square feet, including a 66,000 square foot expansion. Wellington has been located at this site since 2011. Atlantic Wharf is recognized for its sustainable design, featuring LEED Double-Platinum certification and climate resilience technologies like AquaFence. The property also hosts over 100 public events annually, reflecting a strong commitment to community engagement.
Boston Properties (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, will participate in the BofA Securities 2021 Global Real Estate Conference on September 21, 2021. The panel, featuring CEO Owen Thomas, President Doug Linde, and CFO Michael LaBelle, starts at 9:00 a.m. ET. The discussion will cover the company's operating environment, strategies, and financial matters. Interested parties can access the live webcast via the company's website.
FAQ
What is the current stock price of BXP (BXP)?
What is the market cap of BXP (BXP)?
