John Hancock Considers Fate of 60-Story Tower

BOSTON-John Hancock Financial Services is investigating what it should do with its 60-story 1.6-million sf tower at 200 Clarendon St.

While locally published reports have declared that the office building–one of the city’s largest–is for sale, a John Hancock spokesperson, Lesley Uyeda emphasizes to GlobeSt.com, “We’ve made no decision as to whether it makes economic sense to sell any or all of John Hancock’s properties.”

But, adds Uyeda, “with prime office buildings valued at historically high prices we are obligated to our shareholders to investigate our real estate options.” Among John Hancock’s other assets in the city are the old Hancock building at 197 Clarendon and 200 Berkeley St.

Uyeda notes that even if the company decides to sell the tower, the insurance company would continue to base its worldwide headquarters in the tower.