Companies

Boston Properties Inc

NYSE: BXP
$60.89
▼ $1.37 (−2.20%) today
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BXP at a Glance

Earnings
Next report
Jan 25, 2027

NYSE: BXP

About Boston Properties

BXP, Inc. is a fully integrated, self-administered real estate investment trust. It develops, owns and manages premier workplaces concentrated in six U.S. gateway markets: Boston, Los Angeles, New York, San Francisco, Seattle and Washington, DC.

As of September 30, 2026, including unconsolidated joint ventures, its portfolio totals 50.6 million square feet across 162 properties, six of them under construction or redevelopment:
- 141 office properties
- 13 retail properties
- seven residential properties, four of them under construction
- one hotel, the Boston Marriott Cambridge

The CBD portfolio produces about 90.4% of BXP's Share of annualized rental obligations. Revenue comes mainly from office leases to a diverse client base, including Salesforce, Google, Akamai, Kirkland & Ellis, Biogen and Millennium Management. Additional income comes from parking, hotel operations, residential rentals and development and management services fees.

BXP develops CBD office towers, life sciences/lab buildings and multifamily residential properties. Current projects include 343 Madison Avenue in New York, which is financed in part by a $1.2 billion construction loan and co-owned with AVRS Partners, and 121 Broadway in Cambridge.

The company recycles capital through sales of non-strategic assets and joint venture partnerships, including the Norges joint ventures. It funds its activities through its operating partnership, Boston Properties Limited Partnership, using unsecured senior notes, term loans, commercial paper, a credit facility and property-level mortgage and construction financing. Updated

BXP Coverage

Frequently Asked Questions

What does Boston Properties do?

BXP, Inc. is a fully integrated, self-administered real estate investment trust. It develops, owns and manages premier workplaces concentrated in six U.S. gateway markets: Boston, Los Angeles, New York, San Francisco, Seattle and Washington, DC.