whighlander
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Apparently John Hancock is hooked on the Back Bay -- the BBJ reports that
Is a tall slender, and transparent mixed office and residence tower a possibility here on the edge of Copley Sq.
John Hancock set to acquire Back Bay offices for $100M
Jul 5, 2016, 5:08pm EDT
Catherine Carlock
Real Estate Editor
Boston Business Journal
John Hancock is slated to own another piece of Boston’s Back Bay with the anticipated closing of a $100 million deal.
The financial services giant has been selected as the buyer for 535-545 Boylston St., according to several real estate sources with knowledge of the deal. The two adjoining 13-story office properties face Copley Square and together span 184,222 square feet.
John Hancock was selected from several bidders, including Intercontinental Real Estate, DivcoWest and Tishman Speyer, real estate sources said. The bidding teams presented a number of redevelopment options for the properties, including consolidating and creating larger floorplates among the two properties or “re-skinning” the buildings’ facades.
Is a tall slender, and transparent mixed office and residence tower a possibility here on the edge of Copley Sq.