BXP, Inc. Stock Price, News & Analysis

BXP, the largest publicly traded developer and manager of premier workplaces in the United States, has announced a quarterly cash dividend of $0.98 per share for Q2 2025. The dividend will be paid on July 31, 2025, to shareholders of record as of June 30, 2025. BXP operates as a REIT with a significant presence in six major gateway markets including Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The company's portfolio encompasses 53.4 million square feet across 185 properties, including nine under construction/redevelopment, as of March 31, 2025.

Welch's, a leading fruit-based food and beverage cooperative, has officially opened its new 60,000 square-foot corporate headquarters at Reservoir Place in Waltham, Massachusetts, owned by BXP (NYSE: BXP). The facility, designed by SGA and project managed by A/E/C solutions, features modern lab space, open collaboration areas, and strategic accessibility off I-95. The ribbon-cutting ceremony on June 17 was attended by CEO Trevor Bynum and local officials. The new headquarters will accommodate 200 corporate employees and represents a significant milestone in the company's 150-year history, demonstrating its commitment to innovation, growth, and talent attraction. The facility aims to enhance operational efficiency while maintaining Welch's brand identity as it enters its next growth phase.

BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, has announced its participation in Nareit's 2025 REITweek Investor Conference. The event will be held from June 3-5, 2025, at the New York Hilton Midtown.

Key executives participating include Owen Thomas (Chairman & CEO), Douglas Linde (President), and Michael LaBelle (CFO). Their presentation, moderated by John Kim of BMO Capital Markets, is scheduled for Tuesday, June 3, 2025, at 3:15 PM ET. The presentation will cover operating environment, trends, strategies, development activities, and other business matters. A live webcast will be available on BXP's website, with a replay accessible shortly after.

Ameresco (NYSE: AMRC) has announced the successful start of commercial operations for its 1.3 MW solar photovoltaic canopy project in Reston, Virginia, developed in partnership with BXP (NYSE: BXP). The innovative system, mounted on a downtown parking garage at Reston Town Center, is expected to generate approximately 1.5 million kilowatt-hours of renewable energy annually.

The behind-the-meter project, completed in late 2024, transforms the parking facility into a megawatt-scale renewable energy plant while providing covered parking. The installation will deliver cost savings through competitive energy pricing, enhance energy security, and reduce grid dependence for BXP's Reston Town Center facility.

BXP, the largest publicly traded developer and manager of premier workplaces in the United States, reports robust leasing activity in Q1 2025. The company secured over 1.1 million square feet of leases with an average term of 10.9 years, marking a 25% increase from Q1 2024.

Key leasing achievements include:

• 244,000 sq ft lease with Goodwin at 200 Fifth Avenue, New York
• 162,000 sq ft lease with a defense technology company in Waltham, Massachusetts
• 260,000+ sq ft of leasing in San Francisco region
• 126,000 sq ft, 20-year lease with Cooley LLP in Washington, DC

Total leasing volume reached 1.4 million square feet including post-quarter deals. BXP operates in six gateway markets: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. Their portfolio comprises 53.4 million square feet across 185 properties, including nine under development.

BXP reported its Q1 2025 financial results, showing a 3.1% revenue increase to $865.2 million compared to Q1 2024. Net income decreased to $61.2 million ($0.39 per share) from $79.9 million ($0.51 per share) year-over-year.

Key highlights include:

• Executed 91 leases totaling over 1.1 million square feet
• CBD portfolio reached 89.8% occupancy and 92.3% leased
• Total portfolio occupancy at 86.9%
• Completed $4.2 billion in financings

Notable transactions include forming a joint venture for a 670-unit residential project in Jersey City and expanding their credit facility to $2.95 billion. The company provided guidance for Q2 2025 with EPS of $0.38-$0.40 and FFO of $1.65-$1.67 per share. Full-year 2025 guidance projects EPS of $1.60-$1.72 and FFO of $6.80-$6.92 per share.

BXP (NYSE: BXP), America's largest publicly traded premier workplace developer and owner, has released its 2024 Sustainability & Impact Report, highlighting significant environmental achievements. The company has reached carbon-neutral operations for greenhouse gas emissions scopes 1 and 2, while setting new 2030 targets for Energy and Water intensity reduction.

Key initiatives include expanding clean energy commitments to over 50 MW of onsite and offsite solar capacity. The company's sustainability excellence has earned multiple prestigious recognitions, including the ENERGY STAR Partner of the Year - Sustained Excellence Award, Best in Building Health award, Platinum-level Green Lease Leader status, and Nareit's Leader in the Light and Sustainability Impact Awards.

BXP, the largest publicly traded developer, owner, and manager of premier workplaces in the United States, has scheduled the release of its first quarter 2025 financial results on Tuesday, April 29, 2025, after NYSE trading hours.

The company will host a conference call and webcast on Wednesday, April 30, 2025, at 10:00 A.M. Eastern Time to discuss the results and provide a company update. Interested participants can register to receive dial-in information and a unique PIN for the Q&A session. A listen-only webcast will be available in the Investors section of BXP's website, with a replay accessible for up to twelve months after the call.

BXP (NYSE: BXP) has announced significant expansions to its credit facilities, enhancing its financial flexibility. The company has:

• Increased its unsecured revolving credit facility by $250 million to $2.25 billion, with maturity extended to March 2030
• Extended its $700 million unsecured term loan facility for an initial four-year term
• Expanded its commercial paper program by $250 million to $750 million

The revolving credit facility carries a 0.20% annual facility fee with Term SOFR plus 0.85% interest rate, while the term loan bears interest at Term SOFR plus 1.05%. As of March 28, 2025, the company had $500 million outstanding under its commercial paper program at a weighted-average rate of 4.66%.