Form 10-Q · Quarterly report
BXP, Inc. 10-Q, filed Nov 6, 2026
- Filed
- CIK
- 0001037540
- Accession no.
- 0001037540-26-000043
Summary
BXP, Inc. reported third-quarter 2026 total portfolio occupancy of 89.4%, up 100 basis points from the end of the second quarter, and signed 74 leases totaling about 1.2 million square feet, while continuing an asset-sale program that generated about $519.5 million in net proceeds year-to-date. The office REIT said it expects total portfolio occupancy to reach about 90% by year-end 2026 and that second-generation leasing spreads increased about 6.5% on a gross basis and 9.3% on a net basis.
Key points
- BXP signed 74 leases totaling approximately 1.2 million square feet in Q3 2026, with a weighted-average lease term of about 10.3 years.
- Total portfolio occupancy was 89.4% at September 30, 2026, up 100 basis points from the prior quarter, and the leased percentage was 91.9%.
- Net sale proceeds from asset sales were approximately $519.5 million year-to-date and approximately $1.4 billion since the September 2025 Investor Conference.
- CBD assets were 91.8% occupied and 94.1% leased as of September 30, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2—Management’s Discussion Overview BXP is one of the largest publicly traded office REITs (based on total market capitalization as of September 30, 2026) in the United States that develops, owns, and manages primarily premier workplaces. Our properties are concentrated in six gateway markets in the U.S. - Boston, Los Angeles, New York, San Francisco, Seattle and Washington, DC. We generate revenue and cash primarily by leasing premier workplaces to our clients. …
An excerpt of the text as filed with the SEC, cut for length.
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