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Boston Properties to Develop 632,000-SF Office Campus in Santa Clara

Site Acquisition Underscores Appetite for New Development Opportunities in Silicon Valley
CoStar News
April 29, 2016 | 7:08 P.M.

Like many REITs, one of the main capital strategies for Boston Properties (NYSE: BXP) is to sell select assets and use the proceeds to fund new developments in high-rent districts rather than acquire stabilized properties at peak pricing.

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