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
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