BOSTON, June 24 /PRNewswire-FirstCall/ -- Boston Properties, Inc.
(NYSE: BXP), a real estate investment trust, announced today that consistent
with its past statements, it has now finalized an agreement with Arthur
Andersen LLP to terminate its lease at Times Square Tower, currently under
construction at 42nd Street, New York, NY between Broadway and Seventh Avenue.
Boston Properties is a fully integrated, self-administered and self-
managed real estate investment trust that develops, redevelops, acquires,
manages, operates and owns a diverse portfolio of Class-A office, industrial
and hotel properties. The Company is one of the largest owners and developers
of Class-A office properties in the United States, concentrated in four core
markets -- Boston, Midtown Manhattan, Washington, DC and San Francisco.
Visit the Company's web site at http://www.bostonproperties.com. Also see
http://www.frbinc.com .
SOURCE Boston Properties, Inc.
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Related links:
http://www.frbinc.com
CONTACT:
Douglas T. Linde, Chief Financial Officer of
Boston Properties, Inc., +1-617-236-3300, or General, Marilynn
Meek, +1-212-445-8451, or Media, Judith Sylk-Siegel,
+1-212-445-8431, both of FRB Weber Shandwick
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