
Boston-based BXP, Inc. (BXP) is a developer, owner, and manager of premier workplaces in the United States. With a market cap of $10.4 billion, BXP’s properties are concentrated in the dynamic gateway markets of Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC.
The REIT has notably underperformed the broader market over the past year. BXP stock has declined 6.9% over the past 52 weeks and 12.4% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 16.1% gains over the past year and 9.7% returns in 2025.