SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block] | Item 15. Exhibits and Financial Statement Schedules. (a) Financial Statement Schedule Boston Properties, Inc. Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Property Name Type Location Encumbrances Original Costs Land and Improvements Building and Land Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Land Building 767 Fifth Avenue (the General Motors Building) Office New York, NY $ 2,277,522 $ 1,796,252 $ 1,532,654 $ 227,450 $ 1,796,252 $ 1,760,104 $ — $ — $ 3,556,356 $ 364,145 1968/2019 2013 (1) Prudential Center Office Boston, MA — 92,077 948,357 573,187 115,638 1,480,302 17,681 — 1,613,621 634,402 1965/1993/2002/2016-2017 1998/1999/2000 (1) Embarcadero Center Office San Francisco, CA — 179,697 847,410 469,860 195,987 1,300,980 — — 1,496,967 680,507 1970/1989 1998-1999 (1) 399 Park Avenue Office New York, NY — 339,200 700,358 340,960 354,107 1,026,411 — — 1,380,518 387,217 1961/2018 2002 (1) 601 Lexington Avenue Office New York, NY 630,068 241,600 494,782 446,950 289,639 663,694 — 229,999 1,183,332 284,477 1977/1997 2001 (1) Salesforce Tower Office San Francisco, CA — 200,349 946,205 5,355 200,349 951,560 — — 1,151,909 68,918 2018 2013 (1) 200 Clarendon Street and Garage Office Boston, MA — 219,543 667,884 218,821 251,374 854,874 — — 1,106,248 244,882 1976 2010 (1) 250 West 55th Street Office New York, NY — 285,263 603,167 51,860 285,263 655,027 — — 940,290 138,004 2014 2007 (1) 100 Federal Street Office Boston, MA — 131,067 435,954 111,196 131,067 547,150 — — 678,217 141,629 1971-1975/2017 2012 (1) Times Square Tower Office New York, NY — 165,413 380,438 108,206 169,193 484,864 — — 654,057 217,845 2004 2000 (1) Carnegie Center Office Princeton, NJ — 142,666 316,856 153,797 94,240 463,959 55,120 — 613,319 221,323 1983-2016 1998/1999/2000/2007/2014/2017/2019 (1) Atlantic Wharf Office Boston, MA — 63,988 454,537 18,538 63,988 473,075 — — 537,063 146,860 2011 2007 (1) 599 Lexington Avenue Office New York, NY — 81,040 100,507 214,275 87,852 307,970 — — 395,822 193,058 1986 1997 (1) 510 Madison Avenue Office New York, NY — 103,000 253,665 28,446 103,000 282,111 — — 385,111 81,517 2012 2010 (1) Fountain Square Office Reston, VA — 56,853 306,298 21,030 56,853 327,328 — — 384,181 90,047 1986-1990 2012 (1) 680 Folsom Street Office San Francisco, CA — 72,545 219,766 7,917 72,545 227,683 — — 300,228 55,319 2014 2012 (1) 145 Broadway Office Cambridge, MA — 121 273,013 25,712 23,367 275,479 — — 298,846 9,941 2019 1997 (1) 2200 Pennsylvania Avenue Office Washington, DC — — 183,541 112,436 107,356 188,621 — — 295,977 66,072 2011 2008 (1) South of Market and Democracy Tower Office Reston, VA — 13,603 237,479 41,163 13,687 278,558 — — 292,245 107,358 2008-2009 2003 (1) 601 Massachusetts Avenue Office Washington, DC — 95,310 165,173 3,945 95,322 169,106 — — 264,428 30,743 2016 2008 (1) Bay Colony Corporate Center Office Waltham, MA — 18,789 148,451 81,302 18,789 229,753 — — 248,542 89,232 1985-1989 2011 (1) 535 Mission Street Office San Francisco, CA — 40,933 148,378 3,287 40,933 151,665 — — 192,598 31,953 2015 2013 (1) Mountain View Research Park Office Mountain View, CA — 95,066 68,373 18,479 95,066 86,852 — — 181,918 21,725 1977-1981/2007-2013 2013 (1) Reservoir Place Office Waltham, MA — 18,605 104,124 57,154 20,108 159,775 — — 179,883 76,993 1955/1987/2017 1997/1998 (1) 1330 Connecticut Avenue Office Washington, DC — 25,982 82,311 37,049 27,135 118,207 — — 145,342 38,000 1984/2018 2004 (1) One Freedom Square Office Reston, VA — 9,929 84,504 39,884 11,293 123,024 — — 134,317 62,808 2000 2003 (1) Kingstowne Towne Center Office Alexandria, VA — 18,021 109,038 3,299 18,062 112,296 — — 130,358 46,469 2003-2006 2007 (1) Boston Properties, Inc. Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Property Name Type Location Encumbrances Original Costs Land and Improvements Building and Land Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Land Building One and Two Reston Overlook Office Reston, VA — 16,456 66,192 46,762 16,179 113,231 — — 129,410 57,441 1999 2000 (1) Weston Corporate Center Office Weston, MA — 25,753 92,312 (5) 25,854 92,206 — — 118,060 32,278 2010 2001 (1) Two Freedom Square Office Reston, VA — 13,930 77,739 25,510 15,420 101,759 — — 117,179 53,885 2001 2003 (1) 17Fifty Presidents Street Office Reston, VA — — 113,362 — — 113,362 — — 113,362 3,466 2020 2013 (1) 140 Kendrick Street Office Needham, MA — 18,095 66,905 26,458 19,092 92,366 — — 111,458 35,918 2000 2004 (1) Discovery Square Office Reston, VA — 11,198 71,782 20,742 12,533 91,189 — — 103,722 45,920 2001 2003 (1) 355 Main Street Office Cambridge, MA — 18,863 53,346 27,593 21,173 78,629 — — 99,802 29,479 1981/1996/2013 2006 (1) 880 & 890 Winter Street Office Waltham, MA — 29,510 65,812 1,367 29,510 66,561 618 — 96,689 5,706 1998-1999 2019 (1) 10 CityPoint Office Waltham, MA — 1,953 85,752 4,744 2,290 90,159 — — 92,449 14,073 2016 1997 (1) 90 Broadway Office Cambridge, MA — 19,104 52,078 18,077 20,785 68,474 — — 89,259 24,200 1983/1998/2013 2006 (1) 230 CityPoint Office Waltham, MA — 13,189 49,823 23,958 13,807 73,163 — — 86,970 32,678 1992 2005 (1) 77 CityPoint Office Waltham, MA — 13,847 60,383 11,937 14,023 72,144 — — 86,167 29,691 2008 2001 (1) Waltham Weston Corporate Center Office Waltham, MA — 10,385 60,694 13,151 11,097 73,133 — — 84,230 38,118 2003 1999 (1) 3625-3635 Peterson Way Office Santa Clara, CA — 63,206 14,879 907 63,206 14,879 907 — 78,992 14,198 1979 2016 (1) 20 CityPoint Office Waltham, MA — 4,887 72,764 — 4,887 72,764 — — 77,651 3,325 2020 2007 (1) 2440 West El Camino Real Office Mountain View, CA — 16,741 51,285 5,518 16,741 56,803 — — 73,544 15,215 1987/2003 2011 (1) 191 Spring Street Office Lexington, MA — 2,850 59,751 7,543 3,151 66,993 — — 70,144 24,275 1971/1995/2018 1997 (1) 300 Binney Street Office Cambridge, MA — 18,080 51,262 140 18,080 51,402 — — 69,482 12,842 2013 2009 (1) Wisconsin Place Office Chevy Chase, MD — — 53,349 14,771 — 68,120 — — 68,120 28,305 2009 2004 (1) Reston Corporate Center Office Reston, VA — 9,135 50,857 6,236 10,148 56,080 — — 66,228 31,405 1984 1998 (1) 200 West Street Office Waltham, MA — 16,148 24,983 21,102 16,813 30,496 317 14,607 62,233 18,585 1999 1997 (1) 255 Main Street Office Cambridge, MA — 134 25,110 34,107 548 58,803 — — 59,351 37,353 1987 1997 (1) University Place Office Cambridge, MA 1,491 — 37,091 16,745 6,909 46,927 — — 53,836 30,983 1985 1998 (1) Sumner Square Office Washington, DC — 624 28,745 20,396 2,251 47,514 — — 49,765 28,329 1985 1999 (1) Capital Gallery Office Washington, DC — 4,725 29,565 8,679 8,662 34,307 — — 42,969 21,150 1981/2006 2007 (1) North First Business Park Office San Jose, CA — 23,398 13,069 4,580 23,377 17,670 — — 41,047 16,749 1981 2007 (1) 150 Broadway Office Cambridge, MA — 850 25,042 2,253 1,323 26,822 — — 28,145 14,154 1999 1997 (1) 105 Broadway Office Cambridge, MA — 1,299 12,943 12,723 2,395 24,570 — — 26,965 13,041 1990 1997 (1) Lexington Office Park Office Lexington, MA — 998 1,426 18,567 1,264 19,727 — — 20,991 15,289 1982 1997 (1) 201 Spring Street Office Lexington, MA — 2,849 15,303 1,124 3,124 16,152 — — 19,276 8,985 1997 1997 (1) The Point Office Waltham, MA — 6,395 10,040 421 6,492 10,364 — — 16,856 1,667 2015 2007 (1) 690 Folsom Street Office San Francisco, CA — 3,219 11,038 1,157 3,219 12,195 — — 15,414 2,778 2015 2012 (1) 33 Hayden Avenue Office Lexington, MA — 266 3,234 11,566 425 14,641 — — 15,066 5,674 1979 1997 (1) 92-100 Hayden Avenue Office Lexington, MA — 594 6,748 7,669 802 14,209 — — 15,011 12,507 1985 1997 (1) 181 Spring Street Office Lexington, MA — 1,066 9,520 2,177 1,160 11,603 — — 12,763 5,908 1999 1997 (1) 195 West Street Office Waltham, MA — 1,611 6,652 4,221 1,858 10,626 — — 12,484 8,589 1990 1997 (1) Boston Properties, Inc. Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Property Name Type Location Encumbrances Original Costs Land and Improvements Building and Land Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Land Building 7501 Boston Boulevard, Building Seven Office Springfield, VA — 665 9,273 819 791 9,966 — — 10,757 5,665 1997 1997 (1) 7435 Boston Boulevard, Building One Office Springfield, VA — 392 3,822 5,016 659 8,571 — — 9,230 6,756 1982 1997 (1) 32 Hartwell Avenue Office Lexington, MA — 168 1,943 6,944 314 8,741 — — 9,055 2,365 1968/1979/1987 1997 (1) 7450 Boston Boulevard, Building Three Office Springfield, VA — 1,165 4,681 2,591 1,430 7,007 — — 8,437 4,103 1987 1998 (1) 250 Binney Street Office Cambridge, MA — 110 4,483 3,593 273 7,913 — — 8,186 6,211 1983 1997 (1) 8000 Grainger Court, Building Five Office Springfield, VA — 366 4,282 3,198 601 7,245 — — 7,846 5,923 1984 1997 (1) 453 Ravendale Drive Office Mountain View, CA — 5,477 1,090 676 5,477 1,766 — — 7,243 819 1977 2012 (1) 7300 Boston Boulevard, Building Thirteen Office Springfield, VA — 608 4,773 1,075 661 5,795 — — 6,456 2,269 2002 1997 (1) 17 Hartwell Avenue Office Lexington, MA — 26 150 6,064 65 6,175 — — 6,240 2,487 1968 1997 (1) 7601 Boston Boulevard, Building Eight Office Springfield, VA — 200 878 5,035 551 5,562 — — 6,113 4,838 1986 1997 (1) 7500 Boston Boulevard, Building Six Office Springfield, VA — 138 3,749 1,640 367 5,160 — — 5,527 4,399 1985 1997 (1) 8000 Corporate Court, Building Eleven Office Springfield, VA — 136 3,071 1,649 774 4,082 — — 4,856 3,320 1989 1997 (1) 7375 Boston Boulevard, Building Ten Office Springfield, VA — 23 2,685 1,035 93 3,650 — — 3,743 2,724 1988 1997 (1) 7374 Boston Boulevard, Building Four Office Springfield, VA — 241 1,605 1,821 398 3,269 — — 3,667 2,870 1984 1997 (1) 7451 Boston Boulevard, Building Two Office Springfield, VA — 249 1,542 1,658 613 2,836 — — 3,449 2,699 1982 1997 (1) The Skylyne Residential Oakland, CA — 28,962 239,077 — 28,962 239,077 — — 268,039 2,128 2020 N/A (1) Signature at Reston Residential Reston, VA — 27,076 190,580 659 27,076 191,239 — — 218,315 13,650 2018 2013 (1) Proto Kendall Square Residential Cambridge, MA — 9,243 127,248 3,336 9,245 130,582 — — 139,827 7,883 2018 2015 (1) The Avant at Reston Town Center Residential Reston, VA — 20,350 91,995 846 20,350 92,841 — — 113,191 17,204 2014 2010 (1) The Lofts at Atlantic Wharf Residential Boston, MA — 3,529 54,891 2,129 3,529 57,020 — — 60,549 14,166 2011 2007 (1) Boston Marriott Cambridge Hotel Cambridge, MA — 478 37,918 35,486 1,201 72,681 — — 73,882 49,103 1986/2017 1997 (1) Kendall Center Green Garage Garage Cambridge, MA — — 35,035 6,846 103 41,778 — — 41,881 14,442 1984 2006 (1) Kendall Center Yellow Garage Garage Cambridge, MA — 1,256 15,697 1,552 1,434 17,071 — — 18,505 6,485 2006 2004 (1) Kendall Center Blue Garage Garage Cambridge, MA — 1,163 11,633 2,111 1,579 13,328 — — 14,907 10,044 1990 1997 (1) Reston Next (formerly Reston Gateway) Development Reston, VA — — — 354,174 — — — 354,174 354,174 — N/A 1998 N/A 2100 Pennsylvania Avenue Development Washington, DC — — — 294,445 185,129 — — 109,316 294,445 3,481 N/A N/A N/A 325 Main Street Development Cambridge, MA — 174 — 161,468 965 — — 160,677 161,642 — N/A 1997 N/A 777 Harrison Street (formerly 425 Fourth Street) Land San Francisco, CA — 144,647 — 25,930 — 47 170,530 — 170,577 — N/A 2020 N/A North First Master Plan Land San Jose, CA — 35,004 — 3,937 — — 38,941 — 38,941 — N/A 2007 N/A Boston Properties, Inc. Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Property Name Type Location Encumbrances Original Costs Land and Improvements Building and Land Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Land Building Plaza at Almaden Land San Jose, CA — — — 36,431 — — 36,431 — 36,431 — N/A 2006 N/A Back Bay Station Master Plan Land Boston, MA — — — 30,643 — — 30,643 — 30,643 — N/A N/A N/A Reston Gateway Master Plan Land Reston, VA — — — 28,610 — — 28,610 — 28,610 — N/A 1998 N/A Springfield Metro Center Land Springfield, VA — — — 19,871 — — 19,871 — 19,871 — N/A 2007 N/A 214 Third Avenue Land Waltham, MA — — — 19,206 — — 19,206 — 19,206 — N/A 2006 N/A CityPoint South Master Plan Land Waltham, MA — — — 13,363 — — 13,363 — 13,363 — N/A N/A N/A 103 Fourth Avenue Land Waltham, MA — — — 12,888 — — 12,888 — 12,888 — N/A 2007 N/A Broad Run Business Park Land Loudoun County, VA — — — 2,392 — — 2,392 — 2,392 — N/A 1998 N/A Kendall Center Master Plan Land Cambridge, MA — — — 2,145 — — 2,145 — 2,145 — N/A 1997 N/A Weston Quarry Land Weston, MA — — — 1,249 — — 1,249 — 1,249 — N/A 2001 N/A Reston Overlook Master Plan Land Reston, VA — — — 42 — — 42 — 42 — N/A 2000 N/A $ 2,909,081 (2) $ 5,160,116 $ 13,196,160 $ 4,947,027 $ 5,429,703 (3) $ 16,553,873 (4) $ 450,954 (5) $ 868,773 $ 23,303,303 $ 5,501,637 Note: Total Real Estate does not include Furniture, Fixtures and Equipment totaling approximately $49,606. Accumulated Depreciation does not include approximately $32,465 of accumulated depreciation related to Furniture, Fixtures and Equipment. The aggregate cost and accumulated depreciation for tax purposes was approximately $20.7 billion and $4.5 billion, respectively. (1) Depreciation of the buildings and improvements are calculated over lives ranging from the life of the lease to 40 years. (2) Includes unamortized deferred financing costs totaling approximately $(22.9) million. (3) Includes Right of Use Assets - Finance Leases and Right of Use Assets - Operating Leases of approximately $214,091 and $146,406, respectively. (4) Includes Right of Use Assets - Finance Leases of approximately $23,302. (5) Includes pre-development costs. Boston Properties, Inc. Real Estate and Accumulated Depreciation December 31, 2020, 2019 and 2018 (dollars in thousands) A summary of activity for real estate and accumulated depreciation is as follows: 2020 2019 2018 Real Estate: Balance at the beginning of the year $ 22,844,697 $ 21,605,545 $ 21,058,714 Additions to/improvements of real estate 996,989 1,671,898 1,043,379 Assets sold/written-off (538,383) (432,746) (496,548) Balance at the end of the year $ 23,303,303 $ 22,844,697 $ 21,605,545 Accumulated Depreciation: Balance at the beginning of the year $ 5,239,179 $ 4,871,102 $ 4,566,570 Depreciation expense 573,898 564,938 533,342 Assets sold/written-off (311,440) (196,861) (228,810) Balance at the end of the year $ 5,501,637 $ 5,239,179 $ 4,871,102 Note: Real Estate and Accumulated Depreciation amounts do not include Furniture, Fixtures and Equipment. Boston Properties Limited Partnership Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Original Costs Land and Building Land Held Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Property Name Type Location Encumbrances Land Building 767 Fifth Avenue (the General Motors Building) Office New York, NY $ 2,277,522 $ 1,796,252 $ 1,532,654 $ 227,450 $ 1,796,252 $ 1,760,104 $ — $ — $ 3,556,356 $ 364,145 1968/2019 2013 (1) Prudential Center Office Boston, MA — 92,077 948,357 512,816 100,540 1,435,029 17,681 — 1,553,250 617,331 1965/1993/2002/2016-2017 1998/1999/2000 (1) Embarcadero Center Office San Francisco, CA — 179,697 847,410 407,480 180,420 1,254,167 — — 1,434,587 662,756 1970/1989 1998-1999 (1) 399 Park Avenue Office New York, NY — 339,200 700,358 281,352 339,200 981,710 — — 1,320,910 370,361 1961/2018 2002 (1) Salesforce Tower Office San Francisco, CA — 200,349 946,205 5,355 200,349 951,560 — — 1,151,909 68,918 2018 2013 (1) 601 Lexington Avenue Office New York, NY 630,068 241,600 494,782 409,864 279,281 636,966 — 229,999 1,146,246 274,343 1977/1997 2001 (1) 200 Clarendon Street and Garage Office Boston, MA — 219,543 667,884 218,821 251,374 854,874 — — 1,106,248 244,882 1976 2010 (1) 250 West 55th Street Office New York, NY — 285,263 603,167 51,860 285,263 655,027 — — 940,290 138,004 2014 2007 (1) 100 Federal Street Office Boston, MA — 131,067 435,954 111,196 131,067 547,150 — — 678,217 141,629 1971-1975/2017 2012 (1) Times Square Tower Office New York, NY — 165,413 380,438 70,227 159,694 456,384 — — 616,078 207,106 2004 2000 (1) Carnegie Center Office Princeton, NJ — 142,666 316,856 138,834 90,498 452,738 55,120 — 598,356 217,092 1983-2016 1998/1999/2000/2007/2014/2017/2019 (1) Atlantic Wharf Office Boston, MA — 63,988 454,537 18,538 63,988 473,075 — — 537,063 146,860 2011 2007 (1) 510 Madison Avenue Office New York, NY — 103,000 253,665 28,446 103,000 282,111 — — 385,111 81,517 2012 2010 (1) Fountain Square Office Reston, VA — 56,853 306,298 21,030 56,853 327,328 — — 384,181 90,047 1986-1990 2012 (1) 599 Lexington Avenue Office New York, NY — 81,040 100,507 187,033 81,040 287,540 — — 368,580 185,354 1986 1997 (1) 680 Folsom Street Office San Francisco, CA — 72,545 219,766 7,917 72,545 227,683 — — 300,228 55,319 2014 2012 (1) 145 Broadway Office Cambridge, MA — 121 273,013 25,509 23,164 275,479 — — 298,643 9,941 2019 1997 (1) 2200 Pennsylvania Avenue Office Washington, DC — — 183,541 112,436 107,356 188,621 — — 295,977 66,072 2011 2008 (1) South of Market and Democracy Tower Office Reston, VA — 13,603 237,479 40,827 13,603 278,306 — — 291,909 107,279 2008-2009 2003 (1) 601 Massachusetts Avenue Office Washington, DC — 95,310 165,173 3,933 95,310 169,106 — — 264,416 30,743 2016 2008 (1) Bay Colony Corporate Center Office Waltham, MA — 18,789 148,451 81,302 18,789 229,753 — — 248,542 89,232 1985-1989 2011 (1) 535 Mission Street Office San Francisco, CA — 40,933 148,378 3,287 40,933 151,665 — — 192,598 31,953 2015 2013 (1) Mountain View Research Park Office Mountain View, CA — 95,066 68,373 18,479 95,066 86,852 — — 181,918 21,725 1977-1981/2007-2013 2013 (1) Reservoir Place Office Waltham, MA — 18,605 104,124 53,079 19,089 156,719 — — 175,808 75,841 1955/1987/2017 1997/1998 (1) 1330 Connecticut Avenue Office Washington, DC — 25,982 82,311 32,436 25,982 114,747 — — 140,729 36,695 1984/2018 2004 (1) Kingstowne Towne Center Office Alexandria, VA — 18,021 109,038 3,135 18,021 112,173 — — 130,194 46,430 2003-2006 2007 (1) One Freedom Square Office Reston, VA — 9,929 84,504 34,247 9,883 118,797 — — 128,680 61,215 2000 2003 (1) One and Two Reston Overlook Office Reston, VA — 16,456 66,192 42,344 15,074 109,918 — — 124,992 56,191 1999 2000 (1) Weston Corporate Center Office Weston, MA — 25,753 92,312 (5) 25,854 92,206 — — 118,060 32,278 2010 2001 (1) 17Fifty Presidents Street Office Reston, VA — — 113,362 — — 113,362 — — 113,362 3,466 2020 2013 (1) Two Freedom Square Office Reston, VA — 13,930 77,739 19,298 13,866 97,101 — — 110,967 52,128 2001 2003 (1) 140 Kendrick Street Office Needham, MA — 18,095 66,905 22,468 18,095 89,373 — — 107,468 34,790 2000 2004 (1) Boston Properties Limited Partnership Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Original Costs Land and Building Land Held Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Property Name Type Location Encumbrances Land Building 355 Main Street Office Cambridge, MA — 18,863 53,346 27,295 21,098 78,406 — — 99,504 29,397 1981/1996/2013 2006 (1) Discovery Square Office Reston, VA — 11,198 71,782 15,197 11,146 87,031 — — 98,177 44,352 2001 2003 (1) 880 & 890 Winter Street Office Waltham, MA — 29,510 65,812 1,367 29,510 66,561 618 — 96,689 5,706 1998-1999 2019 (1) 10 CityPoint Office Waltham, MA — 1,953 85,752 4,581 2,127 90,159 — — 92,286 14,073 2016 1997 (1) 90 Broadway Office Cambridge, MA — 19,104 52,078 17,898 20,741 68,339 — — 89,080 24,156 1983/1998/2013 2006 (1) 77 CityPoint Office Waltham, MA — 13,847 60,383 11,832 13,997 72,065 — — 86,062 29,665 2008 2001 (1) 230 CityPoint Office Waltham, MA — 13,189 49,823 22,341 13,403 71,950 — — 85,353 32,224 1992 2005 (1) Waltham Weston Corporate Center Office Waltham, MA — 10,385 60,694 10,164 10,350 70,893 — — 81,243 37,273 2003 1999 (1) 3625-3635 Peterson Way Office Santa Clara, CA — 63,206 14,879 907 63,206 14,879 907 — 78,992 14,198 1979 2016 (1) 20 CityPoint Office Waltham, MA — 4,887 72,764 — 4,887 72,764 — — 77,651 3,325 2020 2007 (1) 2440 West El Camino Real Office Mountain View, CA — 16,741 51,285 5,518 16,741 56,803 — — 73,544 15,215 1987/2003 2011 (1) 191 Spring Street Office Lexington, MA — 2,850 59,751 6,911 2,850 66,662 — — 69,512 24,150 1971/1995/2018 1997 (1) 300 Binney Street Office Cambridge, MA — 18,080 51,262 140 18,080 51,402 — — 69,482 12,842 2013 2009 (1) Wisconsin Place Office Chevy Chase, MD — — 53,349 14,771 — 68,120 — — 68,120 28,305 2009 2004 (1) Reston Corporate Center Office Reston, VA — 9,135 50,857 3,625 9,496 54,121 — — 63,617 30,666 1984 1998 (1) 200 West Street Office Waltham, MA — 16,148 24,983 18,441 16,148 28,500 317 14,607 59,572 17,832 1999 1997 (1) 255 Main Street Office Cambridge, MA — 134 25,110 32,451 134 57,561 — — 57,695 36,887 1987 1997 (1) University Place Office Cambridge, MA 1,491 — 37,091 15,295 6,546 45,840 — — 52,386 30,577 1985 1998 (1) Sumner Square Office Washington, DC — 624 28,745 18,316 1,731 45,954 — — 47,685 27,744 1985 1999 (1) North First Business Park Office San Jose, CA — 23,398 13,069 4,557 23,371 17,653 — — 41,024 16,743 1981 2007 (1) Capital Gallery Office Washington, DC — 4,725 29,565 4,016 6,128 32,178 — — 38,306 20,348 1981/2006 2007 (1) 150 Broadway Office Cambridge, MA — 850 25,042 248 822 25,318 — — 26,140 13,584 1999 1997 (1) 105 Broadway Office Cambridge, MA — 1,299 12,943 10,617 1,868 22,991 — — 24,859 12,445 1990 1997 (1) Lexington Office Park Office Lexington, MA — 998 1,426 17,803 1,073 19,154 — — 20,227 15,076 1982 1997 (1) 201 Spring Street Office Lexington, MA — 2,849 15,303 25 2,849 15,328 — — 18,177 8,672 1997 1997 (1) The Point Office Waltham, MA — 6,395 10,040 421 6,492 10,364 — — 16,856 1,667 2015 2007 (1) 690 Folsom Street Office San Francisco, CA — 3,219 11,038 1,157 3,219 12,195 — — 15,414 2,778 2015 2012 (1) 33 Hayden Avenue Office Lexington, MA — 266 3,234 10,929 266 14,163 — — 14,429 5,494 1979 1997 (1) 92-100 Hayden Avenue Office Lexington, MA — 594 6,748 6,940 619 13,663 — — 14,282 12,300 1985 1997 (1) 181 Spring Street Office Lexington, MA — 1,066 9,520 1,800 1,066 11,320 — — 12,386 5,802 1999 1997 (1) 195 West Street Office Waltham, MA — 1,611 6,652 3,232 1,611 9,884 — — 11,495 8,306 1990 1997 (1) 7501 Boston Boulevard, Building Seven Office Springfield, VA — 665 9,273 314 665 9,587 — — 10,252 5,520 1997 1997 (1) 7435 Boston Boulevard, Building One Office Springfield, VA — 392 3,822 4,323 486 8,051 — — 8,537 6,561 1982 1997 (1) 32 Hartwell Avenue Office Lexington, MA — 168 1,943 6,358 168 8,301 — — 8,469 2,199 1968/1979/1987 1997 (1) 7450 Boston Boulevard, Building Three Office Springfield, VA — 1,165 4,681 2,177 1,327 6,696 — — 8,023 3,983 1987 1998 (1) Boston Properties Limited Partnership Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Original Costs Land and Building Land Held Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Property Name Type Location Encumbrances Land Building 250 Binney Street Office Cambridge, MA — 110 4,483 2,939 110 7,422 — — 7,532 6,030 1983 1997 (1) 8000 Grainger Court, Building Five Office Springfield, VA — 366 4,282 2,604 453 6,799 — — 7,252 5,756 1984 1997 (1) 453 Ravendale Drive Office Mountain View, CA — 5,477 1,090 676 5,477 1,766 — — 7,243 819 1977 2012 (1) 7300 Boston Boulevard, Building Thirteen Office Springfield, VA — 608 4,773 863 608 5,636 — — 6,244 2,209 2002 1997 (1) 17 Hartwell Avenue Office Lexington, MA — 26 150 5,907 26 6,057 — — 6,083 2,442 1968 1997 (1) 7601 Boston Boulevard, Building Eight Office Springfield, VA — 200 878 4,342 378 5,042 — — 5,420 4,643 1986 1997 (1) 7500 Boston Boulevard, Building Six Office Springfield, VA — 138 3,749 1,107 234 4,760 — — 4,994 4,249 1985 1997 (1) 8000 Corporate Court, Building Eleven Office Springfield, VA — 136 3,071 1,298 686 3,819 — — 4,505 3,217 1989 1997 (1) 7375 Boston Boulevard, Building Ten Office Springfield, VA — 23 2,685 854 47 3,515 — — 3,562 2,676 1988 1997 (1) 7374 Boston Boulevard, Building Four Office Springfield, VA — 241 1,605 1,438 303 2,981 — — 3,284 2,765 1984 1997 (1) 7451 Boston Boulevard, Building Two Office Springfield, VA — 249 1,542 1,345 535 2,601 — — 3,136 2,609 1982 1997 (1) The Skylyne Residential Oakland, CA — 28,962 239,077 — 28,962 239,077 — — 268,039 2,128 2020 N/A (1) Signature at Reston Residential Reston, VA — 27,076 190,580 659 27,076 191,239 — — 218,315 13,650 2018 2013 (1) Proto Kendall Square Residential Cambridge, MA — 9,243 127,248 3,336 9,245 130,582 — — 139,827 7,883 2018 2015 (1) The Avant at Reston Town Center Residential Reston, VA — 20,350 91,995 846 20,350 92,841 — — 113,191 17,204 2014 2010 (1) The Lofts at Atlantic Wharf Residential Boston, MA — 3,529 54,891 2,129 3,529 57,020 — — 60,549 14,166 2011 2007 (1) Boston Marriott Cambridge Hotel Cambridge, MA — 478 37,918 32,595 478 70,513 — — 70,991 48,286 1986/2017 1997 (1) Kendall Center Green Garage Garage Cambridge, MA — — 35,035 6,432 — 41,467 — — 41,467 14,327 1984 2006 (1) Kendall Center Yellow Garage Garage Cambridge, MA — 1,256 15,697 840 1,256 16,537 — — 17,793 6,287 2006 2004 (1) Kendall Center Blue Garage Garage Cambridge, MA — 1,163 11,633 446 1,163 12,079 — — 13,242 9,576 1990 1997 (1) Reston Next (formerly Reston Gateway) Development Reston, VA — — — 354,174 — — — 354,174 354,174 — N/A 1998 N/A 2100 Pennsylvania Avenue Development Washington, DC — — — 294,445 185,129 — — 109,316 294,445 3,481 N/A N/A N/A 325 Main Street Development Cambridge, MA — 174 — 161,275 772 — — 160,677 161,449 — N/A 1997 N/A 777 Harrison Street (formerly 425 Fourth Street) Land San Francisco, CA — 144,647 — 25,930 — 47 170,530 — 170,577 — N/A 2020 N/A North First Master Plan Land San Jose, CA — 35,004 — 3,937 — — 38,941 — 38,941 — N/A 2007 N/A Plaza at Almaden Land San Jose, CA — — — 36,431 — — 36,431 — 36,431 — N/A 2006 N/A Back Bay Station Master Plan Land Boston, MA — — — 30,643 — — 30,643 — 30,643 — N/A N/A N/A Reston Gateway Master Plan Land Reston, VA — — — 28,610 — — 28,610 — 28,610 — N/A 1998 N/A Springfield Metro Center Land Springfield, VA — — — 19,871 — — 19,871 — 19,871 — N/A 2007 N/A 214 Third Avenue Land Waltham, MA — — — 19,206 — — 19,206 — 19,206 — N/A 2006 N/A Boston Properties Limited Partnership Schedule 3—Real Estate and Accumulated Depreciation December 31, 2020 (dollars in thousands) Original Costs Land and Building Land Held Development Total Accumulated Year(s) Built/ Year(s) Acquired Depreciable Property Name Type Location Encumbrances Land Building CityPoint South Master Plan Land Waltham, MA — — — 13,363 — — 13,363 — 13,363 — N/A N/A N/A 103 Fourth Avenue Land Waltham, MA — — — 12,888 — — 12,888 — 12,888 — N/A 2007 N/A Broad Run Business Park Land Loudoun County, VA — — — 2,392 — — 2,392 — 2,392 — N/A 1998 N/A Kendall Center Master Plan Land Cambridge, MA — — — 2,145 — — 2,145 — 2,145 — N/A 1997 N/A Weston Quarry Land Weston, MA — — — 1,249 — — 1,249 — 1,249 — N/A 2001 N/A Reston Overlook Master Plan Land Reston, VA — — — 42 — — 42 — 42 — N/A 2000 N/A $ 2,909,081 (2) $ 5,160,116 $ 13,196,160 $ 4,570,218 $ 5,332,487 (3) $ 16,274,280 (4) $ 450,954 (5) $ 868,773 $ 22,926,494 $ 5,396,111 Note: Total Real Estate does not include Furniture, Fixtures and Equipment totaling approximately $49,606. Accumulated Depreciation does not include approximately $32,465 of accumulated depreciation related to Furniture, Fixtures and Equipment. The aggregate cost and accumulated depreciation for tax purposes was approximately $23.0 billion and $5.0 billion, respectively. (1) Depreciation of the buildings and improvements are calculated over lives ranging from the life of the lease to 40 years. (2) Includes unamortized deferred financing costs totaling approximately $(22.9) million. (3) Includes Right of Use Assets - Finance Leases and Right of Use Assets - Operating Leases of approximately $214,091 and $148,640, respectively. (4) Includes Right of Use Assets - Finance Leases of approximately $23,302. (5) Includes pre-development costs. Boston Properties Limited Partnership Real Estate and Accumulated Depreciation December 31, 2020, 2019 and 2018 (dollars in thousands) A summary of activity for real estate and accumulated depreciation is as follows: 2020 2019 2018 Real Estate: Balance at the beginning of the year $ 22,449,476 $ 21,207,189 $ 20,647,236 Additions to/improvements of real estate 996,989 1,671,898 1,043,379 Assets sold/written-off (519,971) (429,611) (483,426) Balance at the end of the year $ 22,926,494 $ 22,449,476 $ 21,207,189 Accumulated Depreciation: Balance at the beginning of the year $ 5,135,289 $ 4,773,800 $ 4,473,895 Depreciation expense 566,813 557,130 525,584 Assets sold/written-off (305,991) (195,641) (225,679) Balance at the end of the year $ 5,396,111 $ 5,135,289 $ 4,773,800 Note: Real Estate and Accumulated Depreciation amounts do not include Furniture, Fixtures and Equipment. |