Overview

• Hasbro signed for 265,000 square feet across seven floors at 400 Summer St. in the Seaport via a sublease from Foundation Medicine.
• The Boston office will house toys, board games, licensing and corporate services, with at least 700 employees expected to transition by the end of 2026.
• The move leaves Hasbro with no corporate footprint in Rhode Island, drawing disappointment from Pawtucket leaders and uncertainty over the future of its headquarters property.
• Company leaders pledged to keep supporting Hasbro Children’s Hospital with annual donations and to continue recruiting from Rhode Island colleges.
• The lease ranks among Boston’s largest this year, and the company is eligible for state tax credits estimated at about $14 million if 700 jobs relocate, according to Massachusetts economic officials.