BOSTON — BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced it has completed more than $1.0 billion in strategic property dispositions, marking substantial progress toward its multi-year asset sales plan.
The transactions advance BXP’s previously announced goal to complete $1.9 billion in dispositions between 2025 and 2027, as outlined during the company’s Investor Day in September 2025. Through the end of 2025, BXP had completed sales totaling approximately $845 million. Two additional transactions closed in January 2026, bringing total net proceeds from completed sales to more than $1.0 billion.
The completed dispositions include the sale of seven suburban land parcels across the Boston, San Francisco, and Washington, D.C., regions for aggregate net proceeds of approximately $220 million. BXP also sold two residential properties located in Cambridge, Massachusetts, and Reston, Virginia, generating approximately $405 million in net proceeds. In addition, the company disposed of seven non-core office and life sciences properties in Needham, Massachusetts, and South San Francisco, California, for approximately $400 million.
“Optimizing our portfolio is a key strategic priority of our action plan,” said Owen Thomas, chairman and chief executive officer of BXP. “Our asset sales program is designed to raise capital to fund our industry-leading premier workplace developments, where we can achieve more attractive returns, while increasing our concentration in central business districts within our core gateway markets.”
BXP said the transactions reflect continued execution of its strategy to streamline its portfolio, recycle capital, and focus investment on high-quality workplace assets in major urban markets.
