BXP (BXP) News Today

Boston Properties (NYSE:BXP) investors received a mix of expansion, financing and analyst updates in recent days. Here are the key developments:

• Positive Sentiment: BXP is developing a rare new office project in Washington, D.C., underscoring its push into high‐demand urban markets. BXP bets on DC with rare office development
• Positive Sentiment: Workday signed a lease for 51,000 SF at BXP’s Reston Town Center property, filling space formerly occupied by Meta and boosting occupancy. Workday Fills 51K-SF NoVA Office Previously Occupied by Meta
• Positive Sentiment: BXP and Delaware North closed a $465 million refinancing on their Boston development, improving capital structure and extending maturities. BXP, Delaware North secure $465M refi of Boston development
• Positive Sentiment: A Zacks analyst blog recommends holding BXP shares, citing its premium office portfolio, tenant diversification and strong lab demand despite elevated debt costs. Here's Why You Should Retain BXP Stock in Your Portfolio Now
• Positive Sentiment: Cantor Fitzgerald initiated coverage on BXP with an “overweight” rating and set a $90 price target, implying roughly 19% upside. Cantor Fitzgerald Overweight Coverage (Benzinga)
• Positive Sentiment: In a separate report, Cantor Fitzgerald upgraded BXP to a strong‐buy rating, reinforcing a bullish outlook on the REIT. BXP (NYSE:BXP) Upgraded by Cantor Fitzgerald to Strong-Buy Rating
• Neutral Sentiment: Analysts at American Banking News set a new 12-month target price of $77.13 for BXP, indicating modest upside from current levels. Analysts Set BXP, Inc. (NYSE:BXP) Target Price at $77.13
• Neutral Sentiment: San Jose announced plans to purchase a downtown site—once earmarked for a tech campus—to develop a sports and entertainment district, though BXP isn’t directly involved. San Jose to buy downtown site once proposed for major tech campus as it eyes the creation of a sports and entertainment district
• Neutral Sentiment: The City of San Jose acquired a parking lot near the Sharks Arena as part of its arena‐anchored vision—another local development initiative not directly tied to BXP. San Jose buys parking lot at heart of arena-anchored vision
• Negative Sentiment: A delay in Kendall Square development may disrupt BXP’s Boston pipeline and postpone anticipated rent roll growth. Kendall Square Development Delay Could Be a Game Changer for BXP (BXP)