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BXP Secures 320K Sq.Ft. Lease With Boston Dynamics at Reservoir Place

Housing & Real EstateTechnology & InnovationCompany Fundamentals

BXP signed a long-term 320,000-square-foot lease with Boston Dynamics at Reservoir Place, one of Greater Boston's largest innovation office deals this year. The transaction is a positive leasing update for BXP and points to continued demand for innovation-oriented office space in Boston. While material for the company, the announcement is unlikely to move the broader market.

Analysis

BXP signed a long-term 320,000-square-foot lease with Boston Dynamics at Reservoir Place, one of Greater Boston's largest innovation office deals this year. The transaction is a positive leasing update for BXP and points to continued demand for innovation-oriented office space in Boston. While material for the company, the announcement is unlikely to move the broader market.

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