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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: -Dow Jones Newswires; 212-416-2900

Stock News for Boston Properties (BXP)
07/30/201506:04:02Current Report Filing (8-k)
07/29/201519:30:09Boston Properties Profit Rises, But Third Quarter FFO Projections...
07/29/201517:45:00Boston Properties Announces Second Quarter 2015 Results
07/28/201516:46:29Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
07/13/201516:13:00Boston Properties to Release Second Quarter 2015 Financial Results...
07/01/201516:23:27Statement of Changes in Beneficial Ownership (4)
07/01/201516:23:00Statement of Changes in Beneficial Ownership (4)
07/01/201516:23:00Statement of Changes in Beneficial Ownership (4)
07/01/201516:22:36Statement of Changes in Beneficial Ownership (4)
07/01/201516:22:10Statement of Changes in Beneficial Ownership (4)
07/01/201516:21:43Statement of Changes in Beneficial Ownership (4)
06/24/201522:47:33Correction to WeWork Valuation Soars to $10 Billion Articles
06/24/201520:16:56WeWork Valuation Soars to $10 Billion -- Update
06/17/201516:01:00Boston Properties Declares Regular Quarterly Dividends
06/15/201501:28:16What's The Deal
06/08/201514:24:53Statement of Changes in Beneficial Ownership (4)
06/04/201516:02:00Boston Properties to Present at NAREIT’s REITWeek Investor F...
06/03/201516:23:00Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
06/03/201515:28:19Statement of Changes in Beneficial Ownership (4)
06/02/201512:46:50Statement of Changes in Beneficial Ownership (4)

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