BXP Inc (NYSE: BXP) is a real estate investment trust that owns, operates, and develops office properties in major U.S. markets. Revenue comes primarily from long-term leases on office space, with tenants paying base rent plus recoveries for operating expenses and real estate taxes. BXP is structured as a REIT, with Boston Properties Limited Partnership as its operating partnership entity. The 10-K filed 2026-02-27 confirms BXP is a well-known seasoned issuer under SEC Rule 405, indicating a large-cap profile. The filing does not provide segment revenue percentages, property counts, tenant concentration data, or geographic revenue breakdowns in the excerpted sections available, so those specifics are omitted here. BXP competes in the Class A office REIT sector across gateway U.S. cities.

Revenue model

Long-term office leases generating base rent plus tenant reimbursements for operating expenses and real estate taxes. REIT structure requires distribution of taxable income to shareholders.

Products and services

Office property ownership, operation, and development. Operating partnership structure through Boston Properties Limited Partnership.

Customers and end markets

Office tenants in major U.S. gateway markets. Specific tenant names, concentration percentages, and end-market breakdown are not supported by the available filing excerpts.

Value-chain role

Property owner, developer, and operator of office real estate. Lessor to corporate tenants.

Geographic exposure

U.S. gateway markets. Specific city or regional revenue breakdown not supported by the available filing excerpts.

Source: SEC 10-K, filed 2026-02-27

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