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Boston Properties Inc BXP

Market Closed
14 Jun, 20:00
NYSE NYSE
$
61. 64
+0.34
+0.55%
After Hours
$
61. 59
-0.05 -0.08%
10.57B Market Cap
58.06 P/E Ratio
3.92% Div Yield
1,565,100 Volume
1.51 Eps
$ 61.30
Previous Close
Day Range
60.74 62.18
Year Range
50.64 73.97

BXP Chart

Boston Properties Inc Profile

REIT - Office Industry
Real Estate Sector
Mr. Owen David Thomas CEO
NYSE Exchange
US1011211018 ISIN
US Country
836 Employees
30 Apr 2024 Last Dividend
- Last Split
18 Jun 1997 IPO Date

Overview

Boston Properties, Inc. (NYSE: BXP), commonly referred to as BXP, stands as the largest publicly traded developer, owner, and manager of premier workplaces in the United States. The company boasts a significant presence in six dynamic gateway markets, including Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. With over 50 years of operational history, BXP has consistently fueled progress for clients and communities through its developed places. As a fully integrated real estate company, it operates as a real estate investment trust (REIT), encompassing a vast portfolio that totals 53.3 million square feet across 188 properties. This portfolio extends to 10 properties under construction or redevelopment, featuring a diverse mix of 167 office properties, 14 retail properties, six residential properties, and one hotel. BXP is renowned for its internal building management expertise and unparalleled responsiveness to clients' needs. Established in 1970 by Mortimer B. Zuckerman and Edward H. Linde, and transitioning to a public entity in 1997, BXP has positioned itself as an industry leader, earning recognition for its sustainable and responsible growth and operations. The company's dedication to sustainability has been acknowledged through a twelfth consecutive GRESB "Green Star" recognition and the highest GRESB 5-star Rating, underlining its commitment to environmental stewardship as an S&P 500 company.

Products and Services

  • Office Properties
  • With 167 office properties across its portfolio, BXP specializes in premium Central Business District (CBD) office buildings, suburban office centers, and build-to-suit projects. These properties cater to a diverse array of creditworthy clients, integrating state-of-the-art design and technology to support the dynamic needs of businesses.

  • Retail Properties
  • The company owns 14 retail properties, including two under construction/redevelopment. These strategically located retail spaces are designed to enhance the urban landscape, providing vibrant and accessible shopping environments that complement their surrounding communities.

  • Residential Properties
  • BXP's portfolio includes six residential properties, with one currently under construction. These high-quality residential units are situated in sought-after locations, offering modern amenities and services that cater to the sophisticated needs of urban dwellers.

  • Hotel
  • The inclusion of a hotel property in BXP's portfolio underscores the company's versatile approach to real estate development and management. This property enhances the company's mixed-use development strategy, providing accommodations that meet the high standards of hospitality and service.

Contact Information

Address: Prudential Center, 800 Boylston Street, Boston, MA, United States, 02199-8103
Phone: 617 236 3300