Wednesday, October 24, 2012

Boston Properties' FFO Hits $176M in Q3




National





Boston Properties' FFO Hits $176M in Q3



BOSTON-The office REIT faced a slight decline from the previous quarter, but the company is "continuing to slug it out and do leases," president Douglas Linde said during an earnings call on Wednesday morning.











ABI Hits 12-Month High



WASHINGTON, DC-The ABI has fluctuated throughout the year. Still, September's leap is encouraging, economist Kermit Baker tells GlobeSt.com's Erika Morphy.









California





Hines, BXP JV on Transbay Tower



SAN FRANCISCO-The two owner/developers will acquire land for the 61-story office property from the Transbay Joint Powers Authority; a Hines spokeswoman says construction could begin sometime next year.






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