Boston Properties, Inc. · Boston, MA United States ·(NYSE: BXP)
Company Description
Phone: 617-236-3300
Fax: 617-536-5087
Rankings
- S&P 500
View Boston Properties, Inc. Locations On A US Map
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This link will open in a new window Boston Properties knows more than beans about real estate. The firm invests in, develops, and manages primarily Class A office buildings. In addition to Boston, the self-administered real estate investment trust (REIT) focuses on the markets in Midtown Manhattan, San Francisco, and Washington, DC. Boston Properties' portfolio includes about 150 buildings, including development and redevelopment projects. In 2008 the REIT acquired 60% ownership of the iconic GM Building, previously owned by Macklowe Properties , for $2.8 billion, a record price for a US office building. Chairman Mort Zuckerman, the media czar of U.S. News & World Report and New York's Daily News , owns a 7% stake of Boston Properties. To read the full description, subscribe now.
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Key Boston Properties, Inc. Financials
| Company Type | Public - NYSE: BXP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,488.4 |
| 2008 Employees | 700 |
Boston Properties, Inc. Executives
44 executives listed for Boston Properties, Inc.'s Boston, MA location.
| Title | Name & Bio | Contact |
| Chairman | Mortimer Zuckerman | Network |
| CEO and Director | Edward Linde | Network |
| President | Douglas Linde | Network |
Competition
Competitive Landscape for Boston Properties, Inc.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Boston Properties, Inc. Competitors
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