Hasbro to Open New Boston Headquarters in Early 2027
The toy giant will occupy 265,000 square feet in the Seaport District to access a larger creative talent pool.
Updated on Oct. 22, 2026 in Remote Work
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Hasbro plans to relocate its corporate headquarters from Pawtucket to 400 Summer St. in Boston by early 2027. The new site will accommodate approximately 700 employees and feature an eight-foot AI-powered Optimus Prime robot in the lobby.
Why it matters
Hasbro is moving to Boston to tap into a larger pool of college-educated creative talent and gain better proximity to Logan Airport for global business partnerships. The move is supported by a tax credit package worth up to $14 million from the Healey administration.
The new 265,000-square-foot office will support 700 employees, with workers earning an average annual salary of $140,000 plus bonuses. The company requires a three-day weekly office presence and offers relocation benefits to staff living over 40 miles away.
The players
Hasbro
This multinational toy and board game company is known for producing iconic brands like Monopoly, Transformers, and Nerf.
Chris Cocks
He serves as the Chief Executive Officer of Hasbro and has led the strategic shift toward new corporate office locations.
Healey administration
This is the current executive government of Massachusetts, led by Governor Maura Healey, which oversees state economic development and tax incentives.
The details
Hasbro will sublease the office space from Foundation Medicine in the Boston Seaport. To encourage transit usage among its workforce, the company will provide a subsidy for commuter rail fares.
Timeline
October 21, 2026: CEO Chris Cocks announced the move during an interview with WBUR.
Early 2027: Employees will begin arriving at the new Boston headquarters.
Market Landscape
This move reflects a broader corporate trend toward urban hubs that prioritize hybrid office attendance to maintain company culture. By securing a footprint in the Boston Seaport, Hasbro positions itself closer to major transport links to compete for top-tier creative talent.
Local commuters and employees will see new hiring activity in the Seaport area as Hasbro begins its phased transition in 2027. The company's focus on subsidized rail travel may also affect demand for regional transit services in the Boston area.
The takeaway
Hasbro is betting that a high-profile presence in a major urban hub will help them secure the creative workforce necessary for their future growth. Employees affected by this move should review their eligibility for relocation assistance based on the 40-mile commuting threshold.
Further reading
For more information on the evolving office environment in the city, visit the Boston Remote Work section.
Source note: This article includes information reported by The Boston Globe.
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