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Owen Thomas

Chief Executive Officer & Chairman of the Board, Bxp

Search every verified Owen Thomas interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Owen Thomas, chairman and CEO of BXP, has recently highlighted strong leasing momentum across the company's markets, attributing much of this activity to demand driven by artificial intelligence. In a June 2026 interview, he stated that leasing conditions had improved in all cities where BXP operates, with New York cited as the hottest market. He noted that the company leased over one million square feet in the first quarter and more than 800,000 square feet in the second quarter, with a pipeline of approximately 3.5 million square feet under letters of intent. Thomas described the office market as bifurcated between premier workplaces and the rest, saying that vacancy rates for premier buildings are below 10% in major cities and that asking rents for such properties command a premium of over 50% compared to the bottom 80% of buildings. During BXP's Q2 2026 earnings call, Thomas said AI continues to be "enormously beneficial" to the company's leasing activity, with clients experiencing increasing earnings and often expanding or upgrading their space. He also reported that BXP had raised $370 million in net sale proceeds so far that year and more than $1.2 billion since its investor conference, with six additional assets under contract for sale. In earlier remarks from the Q4 2024 earnings call, Thomas described many of the new federal administration's policies as "business-friendly," particularly lower taxes and less regulation, while also noting potential concerns about tariffs and fiscal deficits affecting interest rates. He has also expressed confidence in BXP's stock as an attractive investment, citing a look-through cap rate in the sevens compared to comparable sales in the fives and sixes.

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