Top Office Owners Don’t Want to Own Only Office Buildings Anymore

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Top Office Owners Don’t Want to Own Only Office Buildings Anymore
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Many of the most prominent U.S. office developers are shifting gears, looking to buy or build real estate that isn't office

An office building in lower Manhattan, known as 55 Broad Street, is set to be converted to apartments.Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office.

Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office space than any other publicly traded company, also is developing millions of square feet of lab and life-science space.

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