Boston Properties

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Boston Properties Inc.
Type Public
Founded 1970
Founder(s) Mortimer Zuckerman
Headquarters Boston, Massachusetts, United States of America
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)
Net income $1,325 Million (2007)
Subsidiaries Boston Properties Limited Partnership
Website bostonproperties.com

Boston Properties, Inc. (NYSEBXP) 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 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

  1. ^ "Boston Properties Forms Joint Venture and Completes Acquisition of the General Motors Building". Cable News Network. June 10 2008. http://money.cnn.com/news/newsfeeds/articles/prnewswire/200806101455PR_NEWS_USPR_____NYTU116.htm. Retrieved 2008-06-11. 
  2. ^ "Deutsche Bank May Sell Towers Seized From Macklowe (Update2)". Bloomberg.com. 2008-06-11. http://www.bloomberg.com/apps/news?pid=20601085&sid=aywxzrUNa0eY. Retrieved 2008-07-28. 


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