Business & Tech
Boston Properties Rebrands To Better Reflect National Focus: Reports
Boston Properties announced on Wednesday that it would be changing its name to reflect a wider focus, according to news reports.
RESTON, VA — Boston Properties, which recently announced that its Reston Town Center properties were 93.8 percent occupied and 96.1 percent leased, revealed on Tuesday that it was changing its name to BPX Inc., according to news reports.
The name change was prompted by a desire to better reflect the company's nationwide footprint and growth strategy, according to the Washington Business Journal, quoting a July 30 press release. The company has grown into six regions, including the greater Washington, D.C. area.
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“BXP aspires to be the real estate industry partner of choice and premier workplace leader in all of the cities in which it operates, and the evolution of BXP’s name reflects a national, not singular city, focus,” the release said, accoring to WBJ's reporting.
Read the Washington Business Journal's full report.
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