BXP, a Delaware corporation organized in 1997, is a fully integrated, self-administered and self-managed real estate investment trust, or “REIT,” and the largest publicly-traded office REIT (based on total market capitalization) as of December 31, 2019 in the United States that develops, owns and manages primarily Class A office properties. Our properties are concentrated in five markets—Boston, Los Angeles, New York, San Francisco and Washington, DC. At December 31, 2019, we owned or had interests in 196 commercial real estate properties, aggregating approximately 52.0 million net rentable square feet of primarily Class A office properties including 11 properties under construction/redevelopment totaling approximately 5.5 million net rentable square feet. As of December 31, 2019 our properties consisted of:
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Fiscal year end
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Corporate docs
Subsidiaries
100 Federal JV LLC • 100 Federal TRS LLC • 121 Broadway LLC • 125 Broadway LLC • 1265 Main Office JV LLC • 1330 Connecticut Fitness Center TRS LLC • 17M Associates L.P. • 200 Fifth Avenue JV LLC • 200 Fifth Owner LLC • 206 Associates Limited Partnership ...
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
16 Apr 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Results of Operations and Financial Condition
30 Jan 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Results of Operations and Financial Condition
1 Nov 23
8-K
Entry into a Material Definitive Agreement
2 Oct 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
Results of Operations and Financial Condition
1 Aug 23
8-K
Entry into a Material Definitive Agreement
6 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
23 May 23
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 930.39 mm | 930.39 mm | 930.39 mm | 930.39 mm | 930.39 mm | 930.39 mm |
Cash burn (monthly) | 232.70 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.59 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -658.21 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.8 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Mar 24 | Raymond A Ritchey | Common OP Units | Conversion | Dispose C | Yes | No | 0 | 14,150 | 0.00 | 17,115 |
4 Mar 24 | Raymond A Ritchey | Common OP Units | Conversion | Dispose C | No | No | 0 | 14,150 | 0.00 | 88,805 |
4 Mar 24 | Raymond A Ritchey | Common OP Units | Conversion | Acquire C | No | No | 0 | 14,150 | 0.00 | 102,955 |
4 Mar 24 | Raymond A Ritchey | LTIP Units Common OP Units | Conversion | Dispose C | No | No | 0.25 | 14,150 | 3.54 k | 156,813 |
12 Feb 24 | Raymond A Ritchey | LTIP Units Common OP Units | Grant | Acquire A | No | No | 0.25 | 21,292 | 5.32 k | 170,963 |
12 Feb 24 | Eric G Kevorkian | LTIP Units Common OP Units | Grant | Acquire A | No | No | 0.25 | 475 | 118.75 | 17,128.91 |
12 Feb 24 | Owen D Thomas | LTIP Units Common OP Units | Grant | Acquire A | No | No | 0.25 | 47,253 | 11.81 k | 770,806 |
12 Feb 24 | Douglas T Linde | LTIP Units Common OP Units | Grant | Acquire A | No | No | 0.25 | 26,842 | 6.71 k | 567,142 |