Before the Hancock Tower, or the LEED Platinum headquarters in the Seaport District were built, John Hancock was firmly rooted to one block in the Back Bay: first with an eight-story, 428,000 s/f building completed in 1928 at 197 Clarendon followed by a new building in 1949 at 200 Berkeley with 763,000 s/f in 26 floors, topped with a landmark weather beacon.
Having a property management group committed to environmental responsibility, John Hancock undertook U.S. Green Building Council LEED Certification for all its Boston offices, and achieved gold with its older gems.
In addition to adding a new chiller plant and upgraded lighting (fluorescent bulbs, motion sensors), the properties benefitted from documenting Hancock's existing systems and procedures including an ergonomics program in place which earned the buildings innovation credit.
Building on LEED Certification, John Hancock continues to look forward in its commitment to the environment and has just purchased Green-e renewable energy.
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations
Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary