secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001656423-25-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BXP Q1 2025: Revenue $865M (+3.1%), EPS $0.39, FFO $1.64, leasing up 25% YoY
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- Revenue $865.2M (+3.1% YoY); net income $61.2M ($0.39 diluted EPS) vs $79.9M ($0.51) in Q1 2024.
- FFO $260.6M ($1.64/sh) vs $271.3M ($1.73/sh) YoY; CBD portfolio 89.8% occupied, 92.3% leased.
- Executed 91 leases totaling >1.1M sq ft, 25% increase over Q1 2024; weighted-average term 10.9 years.
- Completed $4.2B in financings; formed JV for 290 Coles St (670-unit residential, ~$456M total investment; BXP 19.5% equity, up to $65M preferred).
- Guidance: Q2 2025 EPS $0.38-0.40, FFO $1.65-1.67; FY2025 EPS $1.60-1.72, FFO $6.80-6.92.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642325000030/0001656423-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642325000030/bxp-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001656423-25-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer