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Hasbro Will Relocate Headquarters to Boston’s Seaport by 2026

A 265,000-square-foot sublease at 400 Summer St. positions the toymaker near Boston’s talent pipeline.

Overview

  • The Boston hub will house toys, board games, licensing and corporate services, with at least 700 roles moving from Rhode Island by the end of 2026.
  • Hasbro is taking seven floors at 400 Summer St. through a sublease from Foundation Medicine in a WS Development–owned building.
  • Industry observers call the deal Boston’s largest office lease of the year and a boost for the Seaport’s recovering office market.
  • Massachusetts leaders welcomed the move, while reporting indicates Hasbro will have no corporate footprint left in Rhode Island once the transition is complete.
  • The company says it will continue annual donations to Hasbro Children’s Hospital and keep recruiting from Rhode Island colleges despite the headquarters shift.