BXP Announces Buyout of 725 12th Street Property in Washington, DC

BXP, Inc. (BXP) recently announced that on Dec. 27, 2024, it acquired 725 12th Street property encompassing 300,000 square-feet of space in Washington, DC, for a gross purchase price of $34 million.BXP plans to undertake the demolition and redevelopment of the property, transforming it into a premier workplace of approximately 320,000 square feet.Located in the Central Business District of Washington, DC, this 12-story building is three blocks away from the White House and in close proximity to Metro Center ...