Boston's Largest Law Firm Ropes & Gray Signs 413,000 Square Foot Renewal at BXP's Prudential Tower
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BXP, a major US real estate developer, has signed a long-term lease renewal with Ropes & Gray, Boston's largest law firm, for 413,000 square feet at the Prudential Tower. The lease extends through 2041, reinforcing BXP's position in the Boston real estate market.
December 19, 2024 | 9:30 pm
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BXP has secured a significant long-term lease renewal with Ropes & Gray, Boston's largest law firm, for 413,000 square feet at the Prudential Tower, extending the lease through 2041.
The lease renewal with a major client like Ropes & Gray secures long-term revenue for BXP and strengthens its market position in Boston. This is likely to have a positive impact on BXP's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 90