BXP Inc (NYSE:BXP)
$ 82.86 -0.36 (-0.43%) Market Cap: 13.10 Bil Enterprise Value: 28.66 Bil PE Ratio: 35.87 PB Ratio: 2.27 GF Score: 79/100

Boston Properties Inc at Bank of America Global Real Estate Conference Transcript

Sep 12, 2023 / 03:05PM GMT
Release Date Price: $65.95 (-0.32%)
Douglas T. Linde
Boston Properties, Inc. - President & Director

[Audio Gap]

Good morning everybody. Thanks for coming. BXP is a Premier workplace organization that operates premier assets in 6 geographic markets, Boston, Washington and New York City on the East Coast. San Francisco, West L.A. and Seattle on the West Coast.

In total, we have about 50-plus million square feet of in-service assets, the majority, almost 80% are in CBD locations. We have an active development pipeline. So we are not only an owner and a manager, but we are a developer of premier assets. Some of those assets today are in the life science sector.

The majority of that life science development is pre-leased to high-quality large pharma companies, but we also have some speculative office under development as well, including a building in Manhattan, referred to as 360 Park Avenue South, which I believe Camille of BofA is going to be touring on Thursday. So you're welcome to walk through that and see what's going on there.

We are a company that has been in the public realm for 26 years. We

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