Newton Office REIT Files for Chapter 11
A Newton-based office REIT with a heavy concentration of U.S. government tenants filed for Chapter 11 bankruptcy reorganization.
BXP Outlines $1.9B Disposition Strategy
BXP executives outlined plans to sell 23 properties and concentrate investments in “premier workplace assets” in coastal urban markets.
An Office Titan Faces a Philosophical Question
Boston Properties, our hometown real estate giant, recently found itself confronted with a question that would have been unthinkable before the watershed year of 2020.
BXP Switches to Offense in 2024
Boston Properties CEO Owen Thomas said the office REIT sees “significant opportunities” for acquisitions and development in 2024 as the office sector falls out of favor among institutional investors and values drop.
Pandemic Batters Boston Properties Earnings
Boston Properties’ fourth-quarter financial performance took a hit from the pandemic, including lingering sluggish office leasing across the U.S. and declining rents at high-end apartment buildings in Boston and Cambridge.
