Boston Properties Wins 'Firm Of The Year' Award From NAIOP Of Northern Virginia

Search Blogs that Mention this News Release
Click this link to view linked Bookmarking Services
Click this link to view linked Blogging Services
Boston Properties Wins 'Firm Of The Year' Award From NAIOP Of Northern Virginia
 Also Wins Two Best in Class Awards for Build-to-Suit and Speculative Office
                                  Buildings

    BOSTON, Dec. 8 /PRNewswire/ -- Boston Properties, Inc. (NYSE: BXP) is
pleased to announce that it has recently won the "Firm of the Year" award, the
"Best in Class Award for Build-to-Suit Office Buildings under 150,000 Square
Feet," and the "Best in Class Award for Speculative Office Buildings under
150,000 Square Feet" from the Northern Virginia chapter of the National
Association of Industrial and Office Parks (NAIOP).
    The Firm of the Year honors were awarded to Boston Properties for the
Company's development achievements in the Greater Washington area in 1999,
during which it has already completed five projects totaling in excess of 1.1
million square feet.  The Company currently has seven projects totaling over
1.4 million square feet of development underway in the Washington area.
Boston Properties was also cited for its contributions to the local community,
specifically its three recent charitable donations to Childhelp USA, the
Thurgood Marshall Center for Service and Heritage and Florence Crittenton
Services of Greater Washington.
    Boston Properties received the award for Best in Class for Build-to-Suit
Office Buildings under 150,000 Square Feet for The Arboretum, a 96,000 square-
foot Class A office building developed for Landmark Systems and located in
Reston, Virginia.   Best in Class for Speculative Office Buildings under
150,000 Square Feet was awarded to Two Reston Overlook, a 131,000 square-foot
office building located in Reston, Virginia that achieved 100% leased status
upon completion.  Its major tenants include Sterling Software, Siebel Systems
and Sprint.
    Ray Ritchey, Boston Properties' executive vice president and head of the
Washington, DC region, said, "We are very pleased with this recognition from
our peers and we would like to thank NAIOP for the awards.  We would also like
to express our appreciation to the tenants, brokers, general contractors and
architects who made these awards possible.  These honors are even more
meaningful as we just celebrated our 20th anniversary operating in the
Washington, DC region."
    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, and
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
the Northeast Corridor from Virginia to Greater Boston and in Greater San
Francisco.   In the Washington, DC region, Boston Properties owns and manages
approximately 7.0 million square feet of Class A office assets, making it one
of the largest real estate companies in the area.
    To receive Boston Properties' latest news and corporate developments via
fax at no cost, please call 1-800-PRO-INFO; use company code BXP.  Visit the
Company's web site at http://www.bostonproperties.com .  Also see
http://www.frbinc.com .
SOURCE Boston Properties, Inc.
http://www.frbinc.com
Related links:
http://www.bostonproperties.com
CONTACT:
Elaine Quinlan of Boston Properties,
617-236-3300