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Residential development approved to replace Worldgate Drive offices in Herndon

A total of 461 residential units will take the place of two vacant office buildings on Worldgate Drive in Herndon. The Herndon Town Council unanimously approved the redevelopment proposal from Boston Properties on March 26, allowing a five-story apartment building on the western half of the property along with a two-floor parking garage, four-story townhouses

Boston Properties to sell interest in two assets valued at about $1.7 billion, ET RealEstate

Boston Properties: Massachusetts, especially Cambridge and Boston, is known to be a hotspot for biotech companies including Moderna. The state is also regarded as the top biopharma cluster in the United States.

Boston Properties to sell interest in two assets valued for about $1.7 billion

Boston Properties forecasts weak full-year FFO on higher interest expenses

Boston Properties forecasts weak full-year FFO on higher interest expenses

Boston Properties on Wednesday forecast full-year funds from operations per share below Wall Street estimates as high interest rates pressure office mortgages. The company, which is the.