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GE will relocate its Boston offices across Fort Point Channel to One Financial Center after leasing approximately 30,000 square feet in the office tower near South Station.

The company notified employees this week that it will occupy the 37th floor of the 46-story tower, while departing from its three-year home at 5 Necco St., the Boston Business Journal reported.

GE announced in October that it would vacate the renovated Fort Point warehouse that it adopted as its corporate headquarters, after relocating from Fairfield, Connecticut in a widely-hailed win for Boston’s business community.

Before restructuring in response to financial setbacks, GE also had planned to develop a new $200 million office tower overlooking the channel. After former CEO Larry Culp instituted a series of cost-cutting measures and dropped the development plans, the site at 15 Necco St. was subsequently sold to National Development and Alexandria Real Estate Equities and developed as a life science building for Eli Lilly’s new Institute for Genetic Medicine.

A GE spokesman did not return a message seeking additional information on the One Financial Center move.

Reflecting the break-up of its business units into three companies as part of the restructuring, GE announced in December that its GE Vernova energy business leased offices at BioMed Realty’s 58 Charles St. in Cambridge for its own global headquarters.

GE Leases Offices at One Financial Center

by Steve Adams time to read: 1 min
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