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400 Summer Street

Chris Cocks Of Hasbro Signs Lease For 265000 SF Office At 400 Summer Street In Boston
LEASEDOffice

Chris Cocks Of Hasbro Signs Lease For 265000 SF Office At 400 Summer Street In Boston

400 Summer Street

Building Size

265,000 SF

Asset Type

Office

Closing

Sep 9, 2025

AI

The property involved in this transaction is located at 400 Summer Street in Boston, MA. It is an office asset with a total square footage of 265,000. The transaction involved the leasing of this space to a prominent tenant.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 400 Summer Street
  • Market: Boston, MA
  • Landlord: WS Development
  • Tenant: Chris Cocks - Hasbro

Chris Cocks from Hasbro signed the lease as part of the company's relocation from its longstanding headquarters in Pawtucket, R.I. This move marks a significant change for the company as it establishes its presence in Boston's Seaport neighborhood.

Players

WS Development
WS DevelopmentLandlord

Boston Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93