BXP, Inc. has entered into an agreement to sell its Sumner Square property in Washington, DC, for a gross purchase price of $63 million. The sale will result in non-cash impairment losses of approximately $18 million for the Company and $17 million for BPLP in the second quarter of 2026, which is expected to reduce net income per diluted share/unit by approximately $0.10 for the second quarter and full year 2026 with no impact on Funds from Operations.
