0 Hancock Tower Looks to Attract Boston Tech Companies

Hancock tower back bayJHT (John Hancock Tower) is no longer home to only large law firms and large financial services firms.  Today JHT is chasing tech tenants that want Class A infrastructure and amenities with large floor plates. The low rise floors fit the bill and can be a great value play for both tenant and landlord.  Boston Properties purchased the tower on 12/29/2010  for $930 million from Normandy Real Estate Partners.Some of the tenants include:
  • Bain Capital
  • CRA International
  • Oliver Wyman
  • Carat International
  • TA Associates
  • Berkshire Partners
  • Arclight Capital

From the Boston Globe:

“Frankly, the tech guys, where most of the demand in the market is, are not necessarily looking to go into a building that’s very corporate feeling,” Martel said. “These technology firms didn’t really care as much about the views. They liked the value, good clear [ceiling] heights, and efficiency.”


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