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AstraZeneca To Invest $3.5B To Grow U.S. Footprint
News

AstraZeneca To Invest $3.5B To Grow U.S. Footprint

... biopharmaceutical giant AstraZeneca is pouring billions of dollars into properties in the United States.  The company on Tuesday announced ... of two 16-story life sciences towers BXP, formerly Boston Properties, is developing in Kendall Square and is set to ...

Nov 13, 2024
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The CMBS Market Is Warming Back Up To Office Debt
News

The CMBS Market Is Warming Back Up To Office Debt

... attractive pricing,” Owen Thomas, the CEO of BXP, formerly Boston Properties, said on a call with analysts last week. According to ... $283M in equity to refinance, Crain's reported. Office properties made up 21% of the assets bundled into conduit CMBS ...

Nov 04, 2024
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BXP's General Motors Building in New York City.
News

BXP CEO Sees Return-To-Office Issue 'Continuing To Dissipate In Importance'

... of differences in return-to-office trends. He said the Boston, New York and D.C. markets are all at around ... and the business community in cities like New York and Boston,” Thomas said. “However, that differentiation I don’t believe will ...

Oct 30, 2024
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A piece of land in Sterling, Virginia located near the site that Boston Properties sold to Vantage Data Centers.
News

Boston Properties Sells Vacant Virginia Land To Data Center Builder

Boston Properties has unloaded 10 acres of undeveloped land in Virginia’s ...  in Sterling for around $27M, the Washington Business Journal reported. Boston Properties purchased the site — which sits in the heart of what ...

Oct 17, 2022
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The 696-unit Gardencrest Apartments in Waltham sold for $221M.
News

Waltham Apartment Complex Sets New 2024 High For Boston-Area Multifamily Sale

... 696-unit, garden-style apartment community in Waltham in the Boston area's largest multifamily sale this year.  FPA acquired the ... . HGI last year sold a separate portfolio of six Greater Boston properties totaling 1,722 units for $460M.  FPA made its first ...

Sep 19, 2024
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The parking lot at 1001 6th St. NW, where Steuart Investment Company and BXP are proposing a development with residential.
News

Boston Properties JV Pivots From Office To Residential For Mount Vernon Triangle Site

... and we’re in the early stages of design,” Boston Properties Executive Vice President Pete Otteni told Bisnow in an email ... market has still drawn interest from major investors. Last week, Boston Properties sold the building at 601 Massachusetts Ave. NW to a ...

Sep 07, 2022
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This Week's Boston Deal Sheet: Bain Capital To Expand HQ At 200 Clarendon
News

This Week's Boston Deal Sheet: Bain Capital To Expand HQ At 200 Clarendon

... — has been a staple in Boston's skyline since 1976. BXP, formerly known as Boston Properties, acquired the building in 2010 ... Kevin Phelan and Rose Liu secured the financing for Capital Properties. *** NorthBridge Partners secured $27.3M in financing for ...

Aug 05, 2024
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Engineering Giant Expands Reston Headquarters With 289K SF Lease
News

Engineering Giant Expands Reston Headquarters With 289K SF Lease

... its prior footprint, a BXP spokesperson told Bisnow.  BXP, formerly Boston Properties, didn't disclose the length of the new lease term ...

Jul 31, 2024
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A rendering of the Boston Properties development in Kendall Square where AstraZeneca signed a 570K SF lease.
News

Boston Properties Posts Best Leasing Quarter Since 2019 But Sees Headwinds Coming

... space over the last five weeks.  Boston Properties' office portfolio includes holdings in the Boston, New York, D.C., San Francisco ... 2024, is grossly overestimating their expertise," Linde said. Boston's central business district is one of the most active ...

Jul 27, 2022
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stock market, financial markets, equity, wall street, capital markets
News

REITs See Stocks Surge, Expected To Become More Aggressive Buyers

... the charge was BXP, the office REIT previously known as Boston Properties, which posted a 12.37% weekly gain. BXP's share ... June, the global net lease REIT announced it acquired three properties in Arizona, a new 300K SF distribution center for $40M ...

Jul 16, 2024
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