Real Estate News: GE Announces that Former Candy Manufacturing Buildings will be site of New Headquarters

Screen Shot 2016-03-28 at 12.45.28 PMAccording to the Boston Business
Journal
, General Electric has announced that Necco Court in
Boston’s Fort Point neighborhood will be the home to their new
headquarters.

GE plans on both renovating an existing space and building a new
headquarters with the purchase of 2.5 acres of Proctor & Gamble’s
44-acre South Boston campus.

Currently under agreement is 5 Necco Court and 6 Necco Street –
two six-story brick and beam former candy manufacturing buildings
which span 110,000 square feet. The company is likely to spend up
to $100 million in renovating these two buildings along with
constructed a third, according to GE’s CEO, Jeff Immelt.

For more information visit bizjournals.com.

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