Boston Properties
About
Boston Properties, now known as BXP, is a self-administered real estate investment trust and one of the largest owners, managers, and developers of Class A office space in the United States. It describes itself as the largest publicly traded developer, owner, and manager of premier workplaces in the country. Its portfolio centers on major markets including Boston, New York, San Francisco, and Washington, DC, and it is listed locally by business associations in East Cambridge and Harvard Square.
Mortimer B. Zuckerman and Edward H. Linde founded the company in Boston in 1970, and it keeps its headquarters in the city. BXP acquires, develops, and manages properties through full-service regional offices and is known for in-house building management and responsiveness to tenants. Its work spans central business district towers, suburban office centers, and build-to-suit projects for the federal government and other tenants, along with a small number of hotel, residential, and retail properties.
What to Know
- The company went public in June 1997 and trades on the New York Stock Exchange under the symbol BXP.
- It publishes a Sustainability and Impact Report and treats environmental performance as a core responsibility.
- Its executive team averages 32 years of real estate experience and 21 years with the company.
- Stated company values include collaboration, quality, client service, purpose, integrity, and stewardship.
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