Boston Properties, Inc.

Real estate consisted of the following at March 31, 2017 and December 31, 2016 (in thousands):



	March 31, 2017			December 31, 2016
Land	$	4,879,015		$	4,879,020
Land held for future development (1)	249,800			246,656
Buildings and improvements	11,904,196			11,890,626
Tenant improvements	2,111,336			2,060,315
Furniture, fixtures and equipment	36,589			32,687
Construction in progress	1,211,324			1,037,959
Total	20,392,260			20,147,263
Less: Accumulated depreciation	(4,302,283		)	(4,222,235		)
	$	16,089,977		$	15,925,028

_______________


(1)	Includes pre-development costs.

Boston Properties Limited Partnership

Real estate consisted of the following at March 31, 2017 and December 31, 2016 (in thousands):



	March 31, 2017			December 31, 2016
Land	$	4,774,455		$	4,774,460
Land held for future development (1)	249,800			246,656
Buildings and improvements	11,595,365			11,581,795
Tenant improvements	2,111,336			2,060,315
Furniture, fixtures and equipment	36,589			32,687
Construction in progress	1,211,324			1,037,959
Total	19,978,869			19,733,872
Less: Accumulated depreciation	(4,214,265		)	(4,136,364		)
	$	15,764,604		$	15,597,508

_______________


(1)	Includes pre-development costs.