BXP, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Owen D. Thomas
- Full Time Employees
- 826
- Sector
- Real Estate
- Industry
- REIT - Office
- Address
- Prudential Center, 800 Boylston Street Boston MA United States of America 02199-8103
- IPO Date
- Jun 18, 1997
- CIK
- 0001037540
- Website
- bxp.com
- Similar Companies
- Business
- BXP, Inc. is a fully integrated, self-administered and self-managed real estate investment trust that develops, owns, acquires and manages premier office workplaces and mixed-use properties in six primary U.S. gateway markets including Boston, Los Angeles, New York, San Francisco, Seattle and Washington, DC. The company offers high-quality office spaces, life science facilities without specialized lab infrastructure, retail components, residential units in transit-oriented developments and hospitality-oriented amenities such as client clubs, terraces, dining areas, bicycle storage and wellness features; its portfolio totals approximately 53.7 million square feet across 186 properties, including ten under construction or redevelopment, with a focus on sustainability targets like LEED Platinum, WELL Core, Fitwel 85 and WiredScore Platinum. Founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and headquartered at 800 Boylston Street in Boston, Massachusetts, BXP serves forward-thinking corporate clients, financial institutions and innovative organizations seeking environments to enhance culture, workforce engagement and growth. Recent developments include the launch of vertical construction on the 930,000-square-foot, 46-story 343 Madison Avenue office tower in Midtown Manhattan with an anchor tenant commitment for 30% occupancy; completion of a $465 million Green Bond mortgage financing for The Hub on Causeway mixed-use property in Boston; groundbreaking on the 312-unit mixed-income residential project at 17 Hartwell Avenue in Lexington, Massachusetts, with Northwestern Mutual Real Estate; acquisition of 725 12th Street in Washington, DC; plans for a 15-story glass tower with office space and an underground substation at 105 Broadway in Kendall Square, Cambridge; a dividend reset to $0.70 per share to retain cash for reinvestment in growth; and plans to buy out a joint venture partner in a development project while pursuing sales of non-core assets for up to $600 million in net proceeds.
Company News
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