Boston Properties
From Wikipedia, the free encyclopedia
| Boston Properties Inc. | |
|---|---|
 |
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| Type | Public |
| Founded | 1970 |
| Founder | Mortimer Zuckerman |
| Headquarters | Boston, United States of America |
| No. of locations | Washington, D.C., New York, San Francisco, Princeton, New Jersey |
| Key people | Mortimer Zuckerman, Chairman, Edward H. Linde, President and CEO |
| Industry | Property Investment Trust |
| Products | investment trust, Property developer |
| Revenue | $1,482 Million (2007) |
| Operating income | $353 Million (2007) |
| Net income | $1,325 Million (2007) |
| Total assets | $11,193 Million (2007) |
| Total equity | $3,669 Million (2007) |
| Subsidiaries | Boston Properties Limited Partnership |
| Website | bostonproperties.com |
Boston Properties, Inc. (NYSE: BXP) is a self-managed real estate investment trust (REIT) based in Boston, Massachusetts. Its primary focus is "Class A" office space which it acquires, develops, and manages in the major markets of Boston, New York City, Washington, D.C., and San Francisco. The company has acquired several high-value properties in these markets, including Cadillac Place, or the General Motors Building, in New York City for $2.8billion, the highest paid for an American office building.[1][2] It also owns two hotel properties.
It was founded in 1970 by Mortimer Zuckerman and Edward H. Linde, and became listed in June 1997.
[edit] References
- ^ Boston Properties Forms Joint Venture and Completes Acquisition of the General Motors Building. Cable News Network (June 10 2008). Retrieved on 2008-06-11.
- ^ cite web |url=http://www.bloomberg.com/apps/news?pid=20601085&sid=aywxzrUNa0eY&refer=europe |tite=Deutsche Bank May Sell Towers Seized From Macklowe (Update2) }}
