BXP secures $1.2B construction loan for 343 Madison
The $2B project is a 46-story tower with 50% pre-leased and sustainability features.
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Largest publicly traded developer and manager of premier workplaces
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In short: BXP achieved strong financial results and leasing growth throughout 2026, driven by high demand for its premium office property portfolio.
The $2B project is a 46-story tower with 50% pre-leased and sustainability features.
Revenue grew 3.1% to $895.7M, occupancy rose 100 bps to 88.4%, and FFO per share was $1.78, exceeding guidance.
The project will establish a premier robotics and AI hub in Waltham, supporting Boston Dynamics' growth.
The law firm leased space at 343 Madison Avenue, now 56% pre-leased, for its expanding New York operations.
BXP Inc (BXP) surpasses expectations with robust leasing performance and increased FFO guidance, despite challenges in select markets.
BXP Q2 2026 earnings call recap: raised FFO guidance to $6.99-$7.05, leasing/occupancy gains, asset...
BXP tops Q2 FFO estimates as occupancy, leasing and NOI improve and raises its full-year 2026 FFO outlook on stronger-than-expected portfolio performance.
BXP Inc. has secured a $1.2 billion loan to build a 46-story office tower connected to New York City’s Grand Central Terminal.
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