BOSTON--(BUSINESS WIRE)--Apr. 30, 2019--
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 Bank of America has signed a new, 15-year
lease agreement for 545,000 square feet at 100 Federal Street in Boston,
Massachusetts. This is an early renewal of Bank of America’s lease that
was scheduled to expire in 2022.
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The Exchange at 100 Federal Street in Boston, Massachusetts (Photo: Business Wire)
100 Federal Street is a 1.2 million square foot, 37-story Class A, LEED
Gold-certified office tower located across from Post Office Square Park,
in the heart of Boston’s Financial District. The property is 99% leased.
Boston Properties recently completed the development of The Exchange, a
dynamic, new, glass entrance atrium and event space featuring
quick-service food and coffee options, a planned full-service
restaurant, as well as dynamic media and art content. The Exchange
serves as a year-round, enclosed complement to the adjacent Post Office
Square Park, providing opportunities for connection and informal
gathering, as well as programming throughout the year.
“We are thrilled that Bank of America chose 100 Federal as its flagship
Boston location,” said Bryan Koop, Executive Vice President, Boston
Region for Boston Properties. “The Exchange at 100 Federal has become a
popular and vibrant new gathering space at the base of the tower and
created new opportunities to enhance our customers’ experience.”
Boston Properties (NYSE: BXP) the largest publicly-traded developer,
owner and manager of Class A office properties in the United States,
concentrated in five markets - Boston, Los Angeles, New York, San
Francisco and Washington, DC. The Company is a fully integrated real
estate company, organized as a real estate investment trust (REIT), that
develops, manages, operates, acquires and owns a diverse portfolio of
primarily Class A office space. The Company’s portfolio totals 51.4
million square feet and 196 properties, including eleven properties
under construction.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190430006258/en/
Source: Boston Properties, Inc.
Laura Sesody
Boston Properties
lmarchisi@bostonproperties.com
617-236-3305
Sara
Buda
Vice President, Investor Relations
sbuda@bostonproperties.com
617-236-3429