Feb 21, 2024 / 09:10PM GMT
Unidentified Analyst
We'll go ahead and get started for our last fireside of the day. We have with us Doug Linde, President and Director; and Mike LaBelle, CFO and Treasurer from Boston Properties. So thank you again both for joining us.
Questions and Answers:
Unidentified AnalystAnd maybe, Doug, and obviously, we had this conversation in the CRE panel earlier. But just start with -- in terms of -- when you look at the outlook, we've talked about office CRE for a while in terms of being in distress. Just when you look at the business outlook for BXP, Give us a sense of where things stand today versus a year ago? Where are you feeling better versus worse?
Douglas T. Linde - Boston Properties, Inc. - President & Director
Okay. So let me try and answer that question in a slightly different way. So in March of 2021, BXP was trading at $140 plus a share. And fast forward to February of 2024, and we're trading at $66 a share.
And it's been a pretty rough atmospherics, right? So Fed did their thing, significant rate
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