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February 6, 2013
19:46 EDTBXPBoston Properties completes acquisition, agrees to another acquisition
Boston Properties, a real estate investment trust, announced it has completed the acquisition of 535 Mission Street, a development site, in San Francisco, CA for an aggregate purchase price of approximately $71.0M cash, including work completed and materials purchased to date. The company expects to commence construction of the project in mid-February 2013 and expects to complete the project by the fall of 2014 at a total budgeted cost of approximately $215M. In addition, the company has entered into an agreement to purchase the last remaining parcel of land in the urban core of Reston Town Center for approximately $27M. The closing is expected to occur in 1Q13 and is subject to customary closing conditions.
News For BXP From The Last 14 Days
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February 4, 2016
09:33 EDTBXPBoston Properties shares oversold, says BB&T
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February 3, 2016
18:46 EDTBXPBoston Properties sees Q1 FFO $1.59-$1.61, consensus $1.35
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18:46 EDTBXPBoston Properties raises FY16 FFO view to $5.78-$5.93 from $5.50-$5.70
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18:44 EDTBXPBoston Properties reports Q4 FFO $1.28, consensus $1.27
Reports Q4 revenue $624.24M, consensus $619.34M.

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