BOSTON—For Boston Properties, the start of the year was all about investment sales. That was the clear message during the company's first quarter earnings call Wednesday, where the company's executives spoke of having done numerous deals, or taking note of ripe markets, around the country.
“We're bullish on San Francisco because you have companies there that were unknown just two or three years ago that are now taking over a million square feet,” said Mort Zuckerman, founder, chairman and former CEO.
“It's clear there's a general groundswell of demand, so that is one area where we're being more aggressive, both in the assembly of sites and development of new buildings.” He continued, “We are going to build over a million and a half feet in San Francisco over the next few years,” he said.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
