BOSTON, May 25 /PRNewswire/ -- Boston Properties, Inc. (NYSE: BXP), a
self-managed and self-advised real estate investment trust, announced today
that it has acquired The Prudential Insurance Company of America's 50%
interest in the development rights associated with the 111 Huntington Avenue
development project in Boston, Massachusetts, giving the Company a 100%
interest.  These rights were acquired for Boston Properties, Inc. common
stock, pursuant to a previously negotiated option agreement.  Prudential
retains a 50% interest in additional future development parcels located at the
Prudential Center.
    Construction of 111 Huntington Avenue at the Prudential Center commenced
April 27, 1999.  Approximately 30% of the office space within the proposed
890,000-square-foot, 36-story tower designed by CBT/Childs Bertman Tseckares,
Inc. has been committed to tenants, led by Palmer & Dodge, one of Boston's
leading law firms, which is expected to occupy approximately 187,000 square
feet.
    Boston Properties, Inc. is a fully integrated, self-administered and
self-managed real estate investment trust ("REIT") that develops, redevelops,
acquires, manages, operates and owns a diverse portfolio of office, industrial
and hotel properties predominately located in Greater Boston, Greater
Washington, D.C., midtown Manhattan, Greater San Francisco, Baltimore,
Maryland, Princeton/East Brunswick, New Jersey and Richmond, Virginia markets.
The Company is one of the largest owners and developers of office properties
in the United States.
    This press release contains forward-looking statements within the meaning
of the Federal securities laws.  Forward-looking statements are inherently
subject to risks and uncertainties, many of which cannot be predicted with
accuracy.  Developments that are commenced by Boston Properties may not be
completed for various reasons and, if completed, may not produce a desired
yield on invested capital.

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