BXP, Inc. (BXP) Presents at BofA NY Global Real Estate Conference 2026 Transcript

SA Transcripts 162.21K Followers Follow BXP, Inc. ( BXP ) BofA NY Global Real Estate Conference 2026 September 15, 2026 3:45 PM EDT Company Participants Owen Thomas - CEO & Chairman of the Board Douglas Linde - President & Director James Magaldi - Senior Vice President of Finance & Capital Markets Conference Call Participants Jana Galan - BofA Securities, Research Division Presentation Jana Galan BofA Securities, Research Division Good afternoon, everyone. Welcome to Bank of America's 2026 Global Real Estate Conference. I'm Jana Galan, BofA's office REIT analyst, and we're thrilled to have with us BXP's Chairman and CEO, Owen Thomas; President, Doug Linde; CFO and Treasurer, Mike LaBelle; and SVP Finance and Capital Markets, James Magaldi. I'll turn it over to Owen for opening remarks, and then we can jump into Q&A. Owen Thomas CEO & Chairman of the Board Great. Jana, thank you for having us, and a couple of opening things from me, which will suggest to you what our priorities are. A year ago this month, we had our Investor Day and we outlined 3 execution priorities for the company: leasing space, selling assets and advancing our developments. And I just want to give a little bit of a -- I want to give a report card to all of you on how we're doing. So on leasing, the first 2 quarters of this year, we leased 3 million square feet of space. This quarter, we're at about 950,000 so far. So that's going very well. Our occupancy at the end of the second quarter was 88.4%, and we gave you a target or a goal of 89% for year-end '26. So we're well on our way. And all of our major markets are very strong in terms of leasing, and they're all improved over where they were a year ago and we have a high degree of confidence in our continued success in leasing, given our