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Boston & New England  + Boston  + Office  |  February 4, 2025
Paul Bubny
By: Paul Bubny

Hasbro Nears Decision on Boston Headquarters Move

Toy maker Hasbro Inc., which has been considering a headquarters relocation from Pawtucket, RI to Boston since last September, is close to a decision, the Boston Business Journal reported. An unlikely candidate has emerged as a strong contender: a lab-and-office building in Boston’s Seaport District already leased to a life sciences company.

Sources told the Business Journal that Hasbro is considering relocating to 400 Summer St., the Foundation Medicine building that opened in the Seaport last year. Foundation, a genomic testing company owned by the Swiss drug giant Roche, leased the entire 580,000-square-foot building from WS Development in 2019, but has marketed much of the space for sublease.

Two of the sources characterized 400 Summer as the front-runner in Boston at this point, reported the Business Journal. Hasbro has been searching for about 250,000 square feet for its headquarters. A decision is expected in the coming weeks.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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