BXP

Ecommerce and Package Handling Companies Leverage Berkshire Grey AI-enabled Robotic Solutions to Meet Surging Demand Despite Labor Shortages

Retrieved on: 
Tuesday, September 7, 2021

BEDFORD, Mass., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Berkshire Grey, Inc., (Nasdaq: BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, today announced that Fortune 100 retailers and multinational shipping and delivery services companies are relying on its Intelligent Enterprise Robotics solutions to increase capacity and meet surging consumer demand, even as the labor market tightens.

Key Points: 
  • Berkshire Greys Intelligent Enterprise Robotics solutions enable enterprises to meet consumer expectations for on-demand delivery through intelligent robotic automation of eCommerce fulfillment, store replenishment and package handling.
  • Berkshire Greys package handling systems, which are busy processing eCommerce packages, were recently noted in an Enterprise AI article .
  • This need inspired Berkshire Grey to serve vulnerable populations by using its intelligent robotic sortation solutions to assemble meals.
  • Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey.

Boston Properties Forms Joint Venture and Completes Acquisition of Safeco Plaza Marking BXP’s Entry Into Seattle Market

Retrieved on: 
Wednesday, September 1, 2021

BXP completed the acquisition through a newly formed joint venture with two institutional partners for an aggregate gross purchase price of approximately $465.0 million.

Key Points: 
  • BXP completed the acquisition through a newly formed joint venture with two institutional partners for an aggregate gross purchase price of approximately $465.0 million.
  • Each partner owns approximately one-third (1/3rd) of the joint venture, and BXP will serve as the joint ventures managing member and provide customary property management, leasing and other services.
  • BXPs entry into the Seattle market is an important milestone for our Company, said Owen Thomas, CEO of BXP.
  • For more information about Boston Properties, please visit our website at www.bxp.com or follow us on LinkedIn or Instagram .

Equity Commonwealth Issues Open Letter to Monmouth Shareholders

Retrieved on: 
Wednesday, August 25, 2021

Shareholders should consult with their tax advisor before making any determination on potential proceeds from Starwoods cash offer.

Key Points: 
  • Shareholders should consult with their tax advisor before making any determination on potential proceeds from Starwoods cash offer.
  • Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States.
  • Copies of documents filed with the SEC will also be available free of charge from Equity Commonwealth and Monmouth using the sources indicated below.
  • Equity Commonwealth and Monmouth do not guarantee that the transactions and events described will happen as described (or that they will happen at all).

Boston Properties Marks Groundbreaking of 180 CityPoint

Retrieved on: 
Thursday, July 29, 2021

On Friday, July 16, 2021 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, celebrated the groundbreaking of 180 CityPoint, a 329,000 square foot life sciences building currently under construction at 180 Third Avenue in Waltham, Massachusetts.

Key Points: 
  • On Friday, July 16, 2021 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, celebrated the groundbreaking of 180 CityPoint, a 329,000 square foot life sciences building currently under construction at 180 Third Avenue in Waltham, Massachusetts.
  • 180 CityPoint is located within the CityPoint district in Waltham, a highly desirable location for leading and emerging companies in the life sciences and biotechnology sector.
  • The construction of 180 CityPoint builds on BXPs 4.9 million square feet of lab and Class A office properties in the Waltham/Lexington region of Massachusetts.
  • Boston Properties will own and operate 180 CityPoint.

Boston Properties to Enter the Seattle Market; Agrees to Acquire Safeco Plaza

Retrieved on: 
Tuesday, July 27, 2021

With its distinctive position in Seattles skyline, Safeco Plaza occupies a full city block in Seattles Central Business District with panoramic views of the Seattle skyline, Puget Sound, and Olympic Mountains.

Key Points: 
  • With its distinctive position in Seattles skyline, Safeco Plaza occupies a full city block in Seattles Central Business District with panoramic views of the Seattle skyline, Puget Sound, and Olympic Mountains.
  • With its locational prominence, high-quality tenant base, and strong track record of tenant retention, Safeco Plaza will provide significant future growth opportunities for BXP.
  • We look forward to establishing BXP as the landlord of choice for Safeco Plaza tenants and to becoming a valuable partner with the Seattle community.
  • For more information about Boston Properties, please visit our website at www.bxp.com or follow us on LinkedIn or Instagram.

Boston Properties, CPP Investments and GIC Announce Office Co-Investment Program for Future Acquisitions

Retrieved on: 
Wednesday, July 14, 2021

Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, Canada Pension Plan Investment Board ( CPP Investments ) and GIC announced today that they have established a co-investment program for future acquisitions of office properties in the United States.

Key Points: 
  • Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, Canada Pension Plan Investment Board ( CPP Investments ) and GIC announced today that they have established a co-investment program for future acquisitions of office properties in the United States.
  • The partners have targeted an aggregate of $1.0 billion of equity to the program, with BXP and CPP Investments each allocating $250 million and GIC allocating $500 million.
  • We are delighted to expand our relationship with CPP Investments and to begin a new relationship with GIC, two highly respected and experienced real estate investors, said Owen Thomas, CEO of BXP.
  • Employers in top global cities continue to seek best-in-class office environments that will attract and retain talent, said Peter Ballon, Managing Director, Global Head of Real Estate, CPP Investments.

Boston Properties to Release Second Quarter 2021 Financial Results on July 27, 2021

Retrieved on: 
Wednesday, July 7, 2021

Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced that it will release financial results for the second quarter on Tuesday, July 27, 2021 after the close of trading.

Key Points: 
  • Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced that it will release financial results for the second quarter on Tuesday, July 27, 2021 after the close of trading.
  • The Company will host a conference call and webcast on Wednesday, July 28, 2021 at 10:00 A.M. Eastern Time to discuss the financial results for the second quarter and provide a Company update.
  • The conference call can be accessed by dialing (877) 796-3880 (Domestic) or (443) 961-9013 (International) and entering the passcode 3259478.
  • Including properties owned by joint ventures, the Companys portfolio totals 51.6 million square feet and 196 properties, including nine properties under construction/redevelopment.

Boston Properties Announces Leadership Transition for New York Region

Retrieved on: 
Wednesday, July 7, 2021

Powers has decided to retire from the Company in December 2021 after more than eight years of service.

Key Points: 
  • Powers has decided to retire from the Company in December 2021 after more than eight years of service.
  • It has been an honor to serve BXP throughout my career, stated John Powers, EVP, New York Region, BXP.
  • Boston Properties (NYSE: BXP) is the largest publicly held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC.
  • The Companys portfolio totals 51.6 million square feet and 196 properties, including nine properties under construction.

Boston Properties Declares Regular Quarterly Dividend

Retrieved on: 
Monday, June 14, 2021

Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2021 to June 30, 2021 payable on July 30, 2021 to shareholders of record as of the close of business on June 30, 2021.

Key Points: 
  • Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2021 to June 30, 2021 payable on July 30, 2021 to shareholders of record as of the close of business on June 30, 2021.
  • Boston Properties (NYSE: BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC.
  • The Companys portfolio totals 51.6 million square feet and 196 properties, including nine properties under construction/redevelopment.
  • For more information about Boston Properties, please visit our website at www.bxp.com or follow us on LinkedIn or Instagram .

Boston Properties Secures 351,000 Square Foot Lease With Leading Entertainment Company at Colorado Center in Santa Monica, CA

Retrieved on: 
Monday, June 7, 2021

Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced it has signed a 351,000 square-foot, seven-year lease with a leading entertainment company.

Key Points: 
  • Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced it has signed a 351,000 square-foot, seven-year lease with a leading entertainment company.
  • The tenant is expanding and extending its lease with Boston Properties at Colorado Center, a 1.2 million square foot urban creative office campus located in the largest concentration of technology, media, advertising and entertainment companies in Los Angeles.
  • This organizations culture of innovation and creativity makes Colorado Center the ideal campus for their worldwide headquarters, said Jonathan Lange, SVP Los Angeles Region, Boston Properties.
  • Colorado Centers campus spans 15-acres and is located within the heart of Santa Monicas tech, media, life sciences and entertainment district.