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Dock 72 in Brooklyn Navy Yard, viewed from the water
News

Boston Properties Declares $60M Impairment Loss Due To Slow Leasing At Dock72

... and the market conditions in Brooklyn have weakened," Boston Properties Chief Financial Officer Mike LaBelle said on the company ... the last three months of the year, according to Boston Properties' supplement report filed alongside its earnings. The REIT ...

Jan 26, 2021
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181 Fremont St., San Francisco
News

Meta Giving Up 435K SF In Downtown San Francisco

... its Salesforce West location last year. The lease at its Boston Properties-owned Salesforce Tower runs through 2031.  AT&T listed over ...

Jan 20, 2023
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750 Of Salesforce's Planned Layoffs Will Hit San Francisco Offices
News

750 Of Salesforce's Planned Layoffs Will Hit San Francisco Offices

... locations would be impacted.  The company’s lease at the Boston Properties-owned Salesforce Tower runs through 2031. The company placed 350K ...

Jan 12, 2023
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San Francisco Skyline
News

San Francisco's Office Availability Tops 32% To Finish 2022

... reductions would happen. The company occupies 875K SF in the Boston Properties-owned Salesforce Tower with a lease that runs through 2031 ...

Jan 08, 2023
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Salesforce To Exit Office Space, Slash Workforce 10%
News

Salesforce To Exit Office Space, Slash Workforce 10%

... months. The company’s lease at the 875K SF, Boston Properties-owned Salesforce Tower in San Francisco runs through 2031.  ... last year. The company represents roughly 3.5% of Boston Properties' annualized rental obligations, the largest share of any single ...

Jan 04, 2023
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601 Massachusetts Ave. NW
News

The 9 Largest D.C. Office Sales Of 2022 Show How The Market Changed

... -cash buyer looking to expand its U.S. holdings, while Boston Properties has looked to pivot away from office at a nearby ... a joint venture partner in the portfolio, which also included properties in Reston, Arlington and Bethesda. The property was built in ...

Dec 22, 2022
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Salesforce tower, San Francisco
News

Salesforce Reverses Course, Demands Some Workers Return To Office

... to evaluate." The company’s lease at the 875K SF, Boston Properties-owned Salesforce Tower is set to expire in 2031. Salesforce ...

Dec 02, 2022
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D.C. skyline
News

Office Giants Call For D.C. Government To Take Risk Of Distress More Seriously

...  and was also signed by local executives from Hines, Boston Properties, Brookfield and Trammell Crow, as well as former Mayor ... s letter also start with tax revenue estimates from commercial properties. Those estimates are based on assessments, which are ...

Nov 28, 2022
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It’s Good To Be The King: All-Cash Buyers Are Last Bidder Standing In Crumbling Market
News

It’s Good To Be The King: All-Cash Buyers Are Last Bidder Standing In Crumbling Market

... Japanese real estate developer Mori Trust dropped $531M on Boston Properties’ 601 Massachusetts Ave. in September. The 460K SF ... buyers she works with aren’t necessarily targeting dislocated properties like offices and hotels or secular standouts like ...

Nov 02, 2022
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A rendering of the next phase of Reston Town Center.
News

Boston Properties Lands Volkswagen Headquarters At Reston Town Center

... to Reston to occupy a new high-rise development.  Boston Properties announced Tuesday it signed a 20-year, 196K SF ... to deliver in Q4 2022, according to a Boston Properties spokesperson. Boston Properties signed Fannie Mae in 2018 to anchor the project ...

Oct 28, 2020
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