BOSTON PROPERTIES

Construction Resumes on Boston Properties’ and CPP Investments’ Platform 16 Project in San Jose, California

Retrieved on: 
Wednesday, February 16, 2022

BXP owns a 55% interest in, and provides development, property management, and leasing services to the joint venture that owns Platform 16.

Key Points: 
  • BXP owns a 55% interest in, and provides development, property management, and leasing services to the joint venture that owns Platform 16.
  • Platform 16 is a fully entitled, 1.1 million square foot Class A, creative office campus located in downtown San Jose on an approximately 5.6 acre site.
  • We are thrilled to have recommenced construction at Platform 16, said Bob Pester, Executive Vice President, San Francisco Region, BXP.
  • "Boston Properties investment in our city reflects San Jos's continued desirability as a hub for jobs and economic growth," said Mayor Sam Liccardo.

Boston Properties Announces 10-Year Lease Renewal & Expansion With Wellington Management at Atlantic Wharf

Retrieved on: 
Wednesday, September 29, 2021

Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, and its partner, Norges Bank Investment Management announced today that Wellington Management has signed a long-term lease renewal at Atlantic Wharf located at 280 Congress Street, Boston, Massachusetts.

Key Points: 
  • Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, and its partner, Norges Bank Investment Management announced today that Wellington Management has signed a long-term lease renewal at Atlantic Wharf located at 280 Congress Street, Boston, Massachusetts.
  • Atlantic Wharf, designed as Bostons First Green Skyscraper, is consistent with Wellingtons long-standing commitment to sustainable investing and practices.
  • Atlantic Wharf features AquaFence portable storm barriers, which the Company purchased in 2018 to protect the property from storm-driven flood risks on the Boston Waterfront.
  • Today at least a dozen Boston Waterfront properties have added AquaFence to their emergency management plans.

Boston Properties Marks Groundbreaking of 180 CityPoint

Retrieved on: 
Thursday, July 29, 2021

On Friday, July 16, 2021 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, celebrated the groundbreaking of 180 CityPoint, a 329,000 square foot life sciences building currently under construction at 180 Third Avenue in Waltham, Massachusetts.

Key Points: 
  • On Friday, July 16, 2021 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, celebrated the groundbreaking of 180 CityPoint, a 329,000 square foot life sciences building currently under construction at 180 Third Avenue in Waltham, Massachusetts.
  • 180 CityPoint is located within the CityPoint district in Waltham, a highly desirable location for leading and emerging companies in the life sciences and biotechnology sector.
  • The construction of 180 CityPoint builds on BXPs 4.9 million square feet of lab and Class A office properties in the Waltham/Lexington region of Massachusetts.
  • Boston Properties will own and operate 180 CityPoint.

Boston Properties, CPP Investments and GIC Announce Office Co-Investment Program for Future Acquisitions

Retrieved on: 
Wednesday, July 14, 2021

Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, Canada Pension Plan Investment Board ( CPP Investments ) and GIC announced today that they have established a co-investment program for future acquisitions of office properties in the United States.

Key Points: 
  • Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, Canada Pension Plan Investment Board ( CPP Investments ) and GIC announced today that they have established a co-investment program for future acquisitions of office properties in the United States.
  • The partners have targeted an aggregate of $1.0 billion of equity to the program, with BXP and CPP Investments each allocating $250 million and GIC allocating $500 million.
  • We are delighted to expand our relationship with CPP Investments and to begin a new relationship with GIC, two highly respected and experienced real estate investors, said Owen Thomas, CEO of BXP.
  • Employers in top global cities continue to seek best-in-class office environments that will attract and retain talent, said Peter Ballon, Managing Director, Global Head of Real Estate, CPP Investments.

Boston Properties Builds on Its Growing Life Sciences Portfolio, Acquires Lab Properties in Waltham, Massachusetts

Retrieved on: 
Friday, June 4, 2021

The acquisition builds on BXPs 4.9 million square feet of lab and Class A office properties in the Waltham/Lexington region of Massachusetts.

Key Points: 
  • The acquisition builds on BXPs 4.9 million square feet of lab and Class A office properties in the Waltham/Lexington region of Massachusetts.
  • Waltham continues to be a dominant urban edge location for life sciences organizations that want to attract and retain highly-educated talent, said Bryan Koop, Executive Vice President, Boston Region, BXP.
  • This complements our existing life sciences presence in the Waltham market and allows us to meet ongoing demand from this important sector, stated David Provost, Senior Vice President of Development, Co-Head of BXP Life Sciences, Boston Properties.
  • Including properties owned by joint ventures, the Companys portfolio totals 51.6 million square feet and 196 properties, including nine properties under construction/redevelopment.