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BXP sets stage for trophy office development plans in DC

National office landlord bolsters notion of broadened market recovery with return to capital markets
National office landlord BXP plans to demolish the downtown Washington, D.C., building at 725 12th St. NW to make room for a new development. (CoStar)
National office landlord BXP plans to demolish the downtown Washington, D.C., building at 725 12th St. NW to make room for a new development. (CoStar)
CoStar News
January 7, 2025 | 11:29 P.M.

If BXP's return to the capital markets wasn't enough, the national office landlord is using its recent downtown Washington, D.C., acquisition to set the stage for its first major post-pandemic office development, signaling that it is no longer waiting on the sidelines of the sector's recovery.

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