Boston Properties Inc at Bank of America Financial Services Conference Transcript
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 & Answers
And 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?
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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