Constrained Office Markets Offer Great Opportunities

by CoyDavidson on January 3, 2011

Mort Zuckerman on CRE and the Economy

John Hancock Tower

Boston Properties completed its acquisition of the $930 million John Hancock Tower in Boston. Mort Zuckerman, the company’s CEO, discusses the deal and shares his economic outlook with CNBC.

Located at 200 Clarendon Street, the tower occupied an entire city block overlooking Copley Square. The 60-story Class A office tower is 97 percent leased to tenants including State Street Corp., Manulife Financial Corp., and Ernst & Young. It is the tallest building in New England.

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