$350-million redevelopment NOT FOR REPRINT
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John Hancock Wins Out in Spirited Bidding for Back Bay Building
BOSTON—New York City-based Clarion Partners acquired the two-building complex back in November 2012 for $87.1 million. The 13-story complex totals 184,642 square feet and is currently 87% leased.
$350-million redevelopment Recommended Stories
Atlanta Big Industrial Vacancy Drops To Lowest Rate in 4 Years
May 12, 2026
However, leasing dropped by eight percent.
CRE Lending Surges to Five-Year High as Alternative Lenders Reshape Capital Stack
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
Nominate Now for Influencers in Industrial!
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!