secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001656423-22-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BXP Q2 EPS $1.42 beats guidance; raises FY22 outlook; leases 1.9M sf; closes $730M Seattle acquisition
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- Q2 EPS $1.42, FFO $1.94 vs mid-point guidance $0.80 and $1.85 respectively; revenue $773.9M (+8% YoY).
- Full-year 2022 EPS guidance raised to $5.40-$5.45 from prior; FFO raised to $7.48-$7.53.
- Leased 1.9M sf in Q2 (strongest since Q3 2019), including 570K sf life sciences lease at 290 Binney St, Cambridge.
- Acquired Madison Centre in Seattle for ~$730M, 93% leased, financed with term loan due May 2023.
- Sold 11 suburban office properties in Springfield, VA for $127M, gain $96.2M; refinanced Hub50House with $185M loan at ~4.432% fixed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642322000027/0001656423-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642322000027/bxp-20220726.htm
  HTML page:      https://secwatch.observer/filing/0001656423-22-000027

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