Boston Properties Declares $60M Impairment Loss Due To Slow Leasing At Dock72
The building is 33% leased and has WeWork as its only tenant.
The building is 33% leased and has WeWork as its only tenant.
Boston Properties executives faced questions from investors over their hopes of a vaccine-fueled office recovery following a lackluster earnings report.
Boston Properties continues to invest in the hot life sciences market, purchasing two Waltham buildings with a combined 153K SF for $100M.
Hulu hunkers down in Santa Monica, expanding into 351K SF at the Colorado Center.
Hilary Spann will replace John Powers as the office's new leader. Powers will retire.
Boston Properties and Wellington Management agreed to a 106K SF, net-zero lease at the landlord's Needham office complex.
Boston Properties isn't pivoting away from its core business of downtown office buildings, committing $250M to a $1B JV with Canada Pension Plan and GIC.
The Q4 earnings release from Boston Properties is one of the first glimpses into a major landlord's year-end financials as earnings season gets underway.
New Boston office market reports from CBRE and Colliers highlight how new Class-A office towers have had strong leasing demand as older properties fall behind.
The UK-based biopharmaceutical giant plans to relocate employees from Waltham and the Seaport and close those facilities when the new one opens in 2026.
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