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BofA Said In Tentative Deal To Sell Boston Tower For $600 Million To Boston Properties -Report

DOW JONES NEWSWIRES Bank of America Corp. (BAC) has struck a tentative deal to sell its 37-story office building in Boston's financial district to Boston Properties Inc. (BXP) for about $600 million, the Boston Globe reported Tuesday on its website, citing people familiar with the agreement. The building, built in 1971, formerly served as headquarters for Bank of Boston and its successor, FleetBoston Financial, prior to Bank of America's purchase of Fleet in 2004. Bank of America spokesman Kelli Raulerson declined comment on a deal with Boston Properties but noted that the bank is considering the sale of office buildings across the country. A sale of the office tower, however, would not affect local employees as the bank would lease back space from a new owner, Raulerson said, according to the report. Boston Properties declined comment. Full story at: www.boston.com/business/articles/2012/02/14/bank_of_america_near_sale_of_tower/ -Dow Jones Newswires; 212-416-2900

Stock News for Boston Properties (BXP)
DateTimeHeadline
02/04/201606:05:26Current Report Filing (8-k)
02/03/201619:35:00Boston Properties Raises 2016 Guidance
02/03/201618:41:00Boston Properties Announces Fourth Quarter 2015 Results
02/01/201615:31:46Statement of Changes in Beneficial Ownership (4)
02/01/201615:31:16Statement of Changes in Beneficial Ownership (4)
02/01/201615:31:16Statement of Changes in Beneficial Ownership (4)
02/01/201615:30:50Statement of Changes in Beneficial Ownership (4)
02/01/201615:29:56Statement of Changes in Beneficial Ownership (4)
02/01/201615:29:26Statement of Changes in Beneficial Ownership (4)
02/01/201615:28:04Statement of Changes in Beneficial Ownership (4)
01/20/201616:40:19Current Report Filing (8-k)
01/20/201614:29:05Statement of Changes in Beneficial Ownership (4)
01/20/201614:28:36Statement of Changes in Beneficial Ownership (4)
01/20/201614:28:11Statement of Changes in Beneficial Ownership (4)
01/20/201614:27:41Statement of Changes in Beneficial Ownership (4)
01/19/201620:13:00Boston Properties Announces 2015 Tax Treatment of Its Distributions
01/14/201616:01:00Boston Properties to Release Fourth Quarter 2015 Financial Results...
01/08/201618:03:00Boston Properties Prices $1.0 Billion Offering of Senior Unsecured...
01/04/201615:16:57Statement of Changes in Beneficial Ownership (4)
01/04/201615:16:57Statement of Changes in Beneficial Ownership (4)

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