BXP, Inc.

Sentiment is worse than reality in commercial real estate. Premier workplaces continue to outperform. Office usage in key cities continues to increase as CEOs offer high quality, well-amenitized, and well-located workplaces as an incentive for their employees to come together to collaborate and grow. BXP, Inc. Chairman & CEO Owen Thomas joined David Westin on Bloomberg’s Wall Street Week to discuss. #RealEstate #CEOInsight #CRE

"We believe the most important market forces for BXP: interest rates, corporate earnings, return to the office behavior, outperformance of premier workplaces, and valuation in the public and private markets, are all currently working in our favor, serving as a tailwind for BXP’s performance," BXP, Inc. Chairman & CEO Owen D. Thomas  BXP released Q3 earnings earlier this week and discussed results on our quarterly investor call. To hear more from Owen, Doug Linde, and Mike LaBelle visit: https://lnkd.in/eGXvaebM

It's an honor to see BXP, Inc. named as the first major property company to make the Buy Clean pledge, committing to use low carbon concrete and materials. The pledge was made to signal buyer demand for concrete decarbonization. It also signals conviction. Conviction that progress can be made cost-effectively with great partners like Turner Construction Company, BOSTON SAND & GRAVEL CO, S&F Concrete Contractors, Corp, Sublime Systems and many others. Conviction that our integrated Sustainability, Development and Construction departments, working closely with leading AEC professionals, have the adaptive capacity and creativity to lead on this issue. Conviction that growing demand makes market transformation happen. Many thanks to Mikhail Haramati, Andres Clarens, James Hove, Anish Tilak, Michelle Lambert, Don Davies, Miles Haladay, Sara Neff, Lindsay Baker and so many others enabling accountability, transparency and practical low carbon concrete business solutions.

Congratulations to BXP’s Christine Yuen who was named one of the San Francisco Business Times Bay Area’s Most Influential Women in Business. Christine received the honors at an award celebration last night, alongside some of the region’s most prominent female figures. Since joining BXP in 2005, Christine has advanced through several key roles and has been instrumental in the success of BXP’s portfolio in San Francisco. With a primary focus on premier workplace leasing, Christine has served as the lead negotiator on numerous significant transactions across various sectors, including life sciences, R&D, and retail. Currently, Christine oversees all leasing activities for BXP's 8 million square foot San Francisco Region portfolio. Congratulations, Christine!

“BXP is proud to be an industry leader in sustainable practices and positive societal impact. We’re dedicated to managing our operations in ways that generate beneficial outcomes – economically, socially, and environmentally –for our clients, shareholders, employees, and the communities we serve, and we see the Mobility Hub as one more important way to live out that commitment.” Bryan Koop 

Metropolitan Transportation Authority and BXP, Inc. leadership, along with City and State officials, celebrated the groundbreaking of Long Island Rail Road’s Grand Central Madison 45th Street entrance, highlighting the importance of public-private partnerships to support transportation accessibility goals, enhance client experience, and maintain the vibrancy of Midtown Manhattan. Located on the future site of BXP’s 343 Madison, a 950,000 SF all-electric premier workplace property, the new entrance adds an accessible connection to the Grand Central Madison concourse. To learn more: https://lnkd.in/gXnGSt_k

Metropolitan Transportation Authority and BXP, Inc. leadership, along with City and State officials, celebrated the groundbreaking of Long Island Rail Road’s Grand Central Madison 45th Street entrance, highlighting the importance of public-private partnerships to support transportation accessibility goals, enhance client experience, and maintain the vibrancy of Midtown Manhattan. Located on the future site of BXP’s 343 Madison, a 950,000 SF all-electric premier workplace property, the new entrance adds an accessible connection to the Grand Central Madison concourse. To learn more: https://lnkd.in/gXnGSt_k

BXP's 140 Kendrick Street in Needham, the first #netzero carbon-neutral office repositioning of its scale in Massachusetts was recently honored at Nareit #REITworks as a 2024 Sustainability Impact Awardee. The Sustainable Design Award recognized architecture and engineering strategies that reduce environmental impact through smart design, new development, or retrofitting. Ben Myers and Neetu Singh Siddarth accepted the award from Nareit's Steve Wechsler and Jessica Long. #sustainability #cre

Earlier this summer, we announced seven small businesses will lease space at Embarcadero Center, underscoring our commitment to foster a dynamic environment in downtown San Francisco. The new leases stemmed from our internal “pop-up” program and the city-initiated Vacant to Vibrant program, both designed to provide a lower cost opportunity for local small business owners to develop their concepts. BXP Executive Vice President of West Coast Regions Rod Diehl caught up with Joe Gose at the The New York Times to discuss BXP’s retail strategy and how programs like Vacant to Vibrant not only support retailers and increase foot traffic, but also drive office leasing efforts, restoring the vibrant ecosystem that is downtown San Francisco. Check out the full story here: https://lnkd.in/dGJ3dG5m

In April, BXP entered into a $500M unsecured commercial paper program. BXP, Inc.'s CFO Mike LaBelle spoke with The Wall Street Journal's Kristin Broughton about the strategy behind the program. https://lnkd.in/eVyQSfm8 #CFOInsight