BXP Reports Continued Strong Leasing Momentum in Q3 2025

Core Insights - BXP signed over 1.5 million square feet of leases in Q3 2025, marking a 38% increase compared to Q3 2024 and the strongest third quarter since 2019 [1][2] - The weighted-average lease term for these leases is 7.9 years, contributing to a total leasing activity of approximately 3.8 million square feet through Q3 2025 [1] Company Overview - BXP, Inc. is the largest publicly traded developer, owner, and manager of premier workplaces in the U.S., focusing on six key gateway markets: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC [2] - As of September 30, 2025, BXP's portfolio includes 54.6 million square feet across 187 properties, with eight properties currently under construction or redevelopment [2] Leasing Activity Highlights - In Boston's Urban Edge market, BXP executed over 200,000 square feet of leasing, all from existing vacancies [4] - In New York, BXP completed over 475,000 square feet of leasing in Midtown Manhattan, primarily extensions for existing financial services clients, including a significant lease at 399 Park Avenue [4] - In Reston, VA, a 50,000 square foot lease was signed with a technology client, achieving 98% occupancy for the office portion of Reston Town Center [4]