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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
05/20/201516:03:09Current Report Filing (8-k)
05/20/201512:15:10What Is the S&P 500 Index?
05/15/201510:02:21Stock Market Tips for Investing in Real Estate
05/14/201514:39:01Statement of Changes in Beneficial Ownership (4)
05/11/201506:08:14Quarterly Report (10-q)
05/05/201509:16:32Boston Properties Receives Buy Rating from Deutsche Bank (BXP)
05/04/201515:23:56Statement of Changes in Beneficial Ownership (4)
05/04/201515:23:56Statement of Changes in Beneficial Ownership (4)
05/04/201515:23:32Statement of Changes in Beneficial Ownership (4)
05/04/201515:23:04Statement of Changes in Beneficial Ownership (4)
05/04/201515:23:04Statement of Changes in Beneficial Ownership (4)
05/04/201515:22:39Statement of Changes in Beneficial Ownership (4)
05/04/201515:22:11Statement of Changes in Beneficial Ownership (4)
04/28/201506:04:43Current Report Filing (8-k)
04/27/201518:43:32Boston Properties Profit More Than Triples on Real-Estate Sales...
04/27/201517:49:00Boston Properties Announces First Quarter 2015 Results
04/21/201513:10:033 REITs That Can Make Your Grandkids Rich
04/12/201500:24:38REITs, Rates And Reality - A Further Study
04/02/201512:12:26Statement of Changes in Beneficial Ownership (4)
04/02/201512:11:59Statement of Changes in Beneficial Ownership (4)

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