<SEC-DOCUMENT>0001193125-17-193186.txt : 20170602
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<ACCEPTANCE-DATETIME>20170602171504
ACCESSION NUMBER:		0001193125-17-193186
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20170602
DATE AS OF CHANGE:		20170602

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOSTON PROPERTIES INC
		CENTRAL INDEX KEY:			0001037540
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				042473675
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-218460
		FILM NUMBER:		17889010

	BUSINESS ADDRESS:	
		STREET 1:		800 BOYLSTON STREET
		STREET 2:		SUITE 1900
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199
		BUSINESS PHONE:		6172363300

	MAIL ADDRESS:	
		STREET 1:		800 BOYLSTON STREET
		STREET 2:		SUITE 1900
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOSTON PROPERTIES INC
		CENTRAL INDEX KEY:			0001037540
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				042473675
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		800 BOYLSTON STREET
		STREET 2:		SUITE 1900
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199
		BUSINESS PHONE:		6172363300

	MAIL ADDRESS:	
		STREET 1:		800 BOYLSTON STREET
		STREET 2:		SUITE 1900
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed Pursuant to Rule 433 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Registration Statement No.&nbsp;333-218460 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Relating to Prospectus Supplement dated June&nbsp;2, 2017 and </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Prospectus dated June&nbsp;2, 2017 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g405337g99f44.gif" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">800 Boylston Street, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Boston,
MA 02199 </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>AT THE COMPANY </U></B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mike LaBelle </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Executive Vice President </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Chief Financial Officer </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">617.236.3352 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Arista Joyner </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Investor Relations Manager </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">617.236.3343 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><U>BOSTON PROPERTIES RENEWS ATM EQUITY OFFERING PROGRAM</U> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>BOSTON, MA, June&nbsp;2, 2017</B> &#150; <U>Boston Properties, Inc.</U> (NYSE: BXP), a real estate investment trust, announced today that it has renewed
its &#147;at the market&#148; equity offering program through which it may sell up to an aggregate of $600 million of its common stock. This program replaces the Company&#146;s prior $600 million &#147;at the market&#148; equity offering program
that was scheduled to expire on June&nbsp;3, 2017. Any sales of stock would be offered through BNY Mellon Capital Markets, LLC, BofA Merrill Lynch, Deutsche Bank Securities Inc., Jefferies LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC,
Morgan Stanley&nbsp;&amp; Co. LLC and Scotia Capital (USA) Inc., who will be acting as sales agents. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Michael LaBelle, the Company&#146;s Chief Financial
Officer, stated: &#147;As we have discussed on recent investor calls, our sources of liquidity, including cash balances and availability under our recently amended line of credit, are more than sufficient to meet our anticipated capital needs,
including the completion of our existing development pipeline. In addition, our leverage is within our desired range so we have no near-term need to use the program. However, the program is a valuable tool to maintain as an additional funding
alternative.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The program would allow the Company to sell up to $600 million of its common stock from time to time through the sales agents for a
three-year period. The sales, if any, would be made in &#147;at the market&#148; equity offerings as defined in Rule 415 of the Securities Act. In addition, the common stock may be offered and sold through privately negotiated transactions. The
Company intends to use the proceeds from any offering for general corporate purposes, which may include investment opportunities and debt reduction. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">&#151;more&#151; </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company has filed a registration statement (including a prospectus) with the SEC for the offering of common
stock described in this communication.&nbsp;Before you invest, you should read the prospectus included in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this
offering.&nbsp;You may obtain these documents for free by visiting EDGAR on the SEC website at <U>www.sec.gov</U>. Alternatively, the Company or the sales agents will arrange to send you the prospectus if you request it by contacting BNY Mellon
Capital Markets, LLC, Attention Prospectus Department, 101 Barclay Street, 3rd Floor, New York, NY 10286 or by emailing a request to <U>prosuppinfo@bnymellon.com</U>; BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte,
NC 28255-0001, Attn: Prospectus Department, or by email at dg.prospectus_requests@baml.com; Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, or by e-mail to prospectus.cpdg@db.com, or by telephone
at (800)&nbsp;503-4611; Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, telephone: 1-877-821-7388 or e-mail: Prospectus_Department@Jefferies.com; J.P. Morgan Securities LLC,
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by calling 866-803-9204; Mizuho Securities USA LLC, 320 Park Avenue, New York, NY 10022, Attention: Equity Capital Markets Desk, or by telephone:
(212)&nbsp;205-7600; Morgan Stanley&nbsp;&amp; Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014 or by emailing a request to <U>prospectus@morganstanley.com</U> or by calling 1-866-718-1649; and
Scotia Capital (USA) Inc., 250 Vesey Street, New York, NY 10281, Attention Equity Capital Markets, or by telephone: (212)&nbsp;225-6854. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press
release shall not constitute an offer to sell or a solicitation of an offer to buy any security, nor shall there be any sale of the Company&#146;s common stock in any state or jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Boston Properties is a fully integrated real
estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class&nbsp;A office space totaling 47.7&nbsp;million square feet and consisting of 164 office properties (including six
properties under construction), five retail properties, four residential properties (including two properties under construction) and one hotel.&nbsp;The Company is one of the largest owners and developers of Class&nbsp;A office properties in the
United States, concentrated in five markets&#151;Boston, Los Angeles, New York, San Francisco and Washington, DC. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For more information about Boston
Properties, please visit the Company&#146;s web site at <U>www.bostonproperties.com</U>. </P> <P STYLE="margin-top:120pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">### </P>
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