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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
03/24/201506:45:00The Dream Team REITs: March Madness Continues
03/18/201516:01:00Boston Properties Declares Regular Quarterly Dividends
03/16/201513:43:23Statement of Changes in Beneficial Ownership (4)
03/16/201509:56:45Rates fall; REITs big winners early
03/11/201514:15:28Statement of Changes in Beneficial Ownership (4)
03/09/201515:45:20Statement of Changes in Beneficial Ownership (4)
03/09/201503:46:00REITs Fell. Here's What To Do Now
02/27/201507:23:20Consider Gladstone Over Boston Properties
02/24/201516:18:00Boston Properties to Participate at Citiâs 2015 Global Property C...
02/24/201516:07:53Current Report Filing (8-k)
02/23/201514:23:30Statement of Changes in Beneficial Ownership (4)
02/18/201517:15:58Statement of Changes in Beneficial Ownership (4)
02/18/201517:15:35Statement of Changes in Beneficial Ownership (4)
02/18/201517:15:06Statement of Changes in Beneficial Ownership (4)
02/18/201517:14:37Statement of Changes in Beneficial Ownership (4)
02/18/201517:14:37Statement of Changes in Beneficial Ownership (4)
02/18/201517:14:13Statement of Changes in Beneficial Ownership (4)
02/18/201517:13:51Statement of Changes in Beneficial Ownership (4)
02/18/201517:06:54Statement of Changes in Beneficial Ownership (4)
02/17/201513:58:26Statement of Changes in Beneficial Ownership (4)

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