Boston Properties Declares Quarterly Dividend

September 18, 2006

BOSTON, Sept. 18 /PRNewswire-FirstCall/ -- Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that its Board of Directors declared a regular quarterly dividend of $0.68 per share of common stock for the period July 1, 2006 to September 30, 2006, payable on October 31, 2006 to shareholders of record as of the close of business on September 29, 2006.

Boston Properties is a fully integrated, self-administered, and self-managed real estate investment trust that develops, redevelops, acquires, manages, operates, and owns a property portfolio primarily comprised of Class-A office space that also includes two hotels. The Company is one of the largest owners and developers of Class-A office properties in the United States, concentrated in five markets -- Boston, Midtown Manhattan, Washington, D.C., San Francisco, and Princeton, N.J.

For more information about Boston Properties, please visit the Company's web site at

Kathleen DiChiara
Investor Relations Manager
Boston Properties, Inc.

Marilynn Meek
General Info
Financial Relations Board for Boston Properties, Inc.