Boston Properties, Inc. (BXP) has been receiving a positive response from its existing tenants, as indicated by its recent leasing efforts. This office REIT has inked a 467,000 square-foot long-term lease extension with Snap Inc. at Santa Monica Business Park in Santa Monica, CA. The multi-building lease extension will be valid for a term of ten years. This move will boost the occupancy level at the company’s property and fuel growth in rental income.Located in the heart of the lively Sunset and Ocean Park ...

Debt issued by publicly traded commercial real-estate investment trusts (REITs) has been in rally mode to start 2024, even in the battered office sector.“Shopping centers were a four-letter word for a long time,” according to Alex Snyder, a portfolio manager who focuses on REITs at CenterSquare Investment Management. Now, in a post-pandemic remote-work environment, “office” is a dirty word, he noted.But as office-vacancy rates surge in many cities and landlords face higher borrowing costs, Snyder also sees ...

Cavan Images/Cavan via Getty Images Boston Properties, Inc. (NYSE:BXP), founded in 1970 and headquartered in Boston, MA, is a REIT that primarily engages in the ownership, development, and management of office real estate spread across six markets. The company has a diversified tenant base, is exposed to multiple industries, has strong liquidity, and has had decent operating growth. But most importantly the dividend yield is high, the distribution appears safe from a cut/suspension, and the shares are tradi ...

BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has signed a ten-year, approximately 467,000 square foot, multi-building lease extension with Snap Inc. at Santa Monica Business Park. “We are thrilled that Snap will continue to innovate and grow their business at Santa Monica Business Park,” stated Alex Cameron, Vice President, Leasing, Los Angeles Regional Director, BXP. “Their commitme ...

Marcio Silva/iStock via Getty Images Introduction Working my way through office real estate, I saw that I covered Boston Properties (NYSE:BXP), one of America's largest office landlords, four times in the past (this article is number five). Seeking Alpha I started covering the stock in April of 2020. My most recent article was written on October 8, when I went with the title "7% Yield And Mounting Risks - A Closer Look At Boston Properties". Every single one of my articles had a Hold rating, which wa ...

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the 2023 tax treatment of distributions on shares of its common stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment to them of these distributions. Common Shares (CUSIP #101121101) Record Date Payment Date Total Distribution per Sha ...

FORM 10-Q For the Quarterly Period Ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 ...

Boston Properties, Inc. (NYSE:BXP) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Helen Han - VP, IR Owen Thomas - CEO & Chairman Douglas Linde - President & Director Michael LaBelle - EVP, Treasurer & CFO Hilary Spann - EVP, New York Region Bryan Koop - EVP, Boston Region Rodney Diehl - SVP, Leasing, San Francisco Conference Call Participants Blaine Heck - Wells Fargo Nicholas Yulico - Scotiabank John Kim - BMO Capital Markets Alexander Goldfarb - Piper Michael Griffin - ...

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Boston Properties, Inc. (NYSE:BXP) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants Helen Han - VP, IR Owen Thomas - CEO & Chairman Douglas Linde - President & Director Michael LaBelle - EVP, Treasurer & CFO Hilary Spann - EVP, New York Region Bryan Koop - EVP, Boston Region Rodney Diehl - SVP, Leasing, San Francisco Conference Call Participants John Kim - BMO Capital Markets Michael Griffin - Citigroup Blaine Heck - Wells Fargo Securities Stephen Sakwa - Evercore ISI Camille ...