Boston Properties Declares Quarterly Dividend

March 18, 2011

BOSTON, Mar 18, 2011 (BUSINESS WIRE) -- Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.50 per share of common stock for the period January 1, 2011 to March 31, 2011 payable on April 29, 2011 to shareholders of record as of the close of business on March 31, 2011.

Boston Properties is a fully integrated, self-administered and self-managed real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of Class A office space, one hotel, two residential properties and three retail properties. The Company is one of the largest owners and developers of Class A office properties in the United States, concentrated in five markets - Boston, Midtown Manhattan, Washington, D.C., San Francisco and Princeton, N.J.

For more information about Boston Properties, please visit the Company's web site at www.bostonproperties.com.

SOURCE: Boston Properties, Inc.

Boston Properties, Inc.
Arista Joyner, 617-236-3343
Investor Relations Manager