BRIEF-Boston Properties says Transbay Tower to cost about $1 bln

Wed Oct 24, 2012 11:20am EDT

Oct 24 (Reuters) - Boston Properties Inc : * Says transbay tower, the new San Francisco building Boston Properties and

hines plans to build will cost about $1 billion * Expects transbay tower to open in early 2016 * Says may see some "selective dispositions" in 2013 * Says termination of cbs at gm building will result in a $15 million revenue

decline in 2013

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