Boston Properties has recruited Hilary Spann to succeed John Powers as head of its New York office effective January 1, 2022. Powers is resigning from the REIT in December 2021 after more than eight years of service. Spann will join Boston Properties as an executive vice president this September.

A 20-year industry veteran, Spann most recently was managing director, head of Americas, Real Estate at CPP Investments, a position she has held since 2017. Prior to joining CPP Investments in 2016, she held several executive roles in acquisitions and asset management at the Global Real Assets Group at J.P. Morgan Asset Management, including as managing director, head of Northeast Acquisitions.

During her tenure at J.P. Morgan from 2005 through 2015, Spann was heavily focused on the office market in Manhattan, completing 27 transactions totaling $12 billion in gross asset value, with $3.5 billion of equity committed.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.