The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:State Street Shrinks in Mass  Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 08, 2012

State Street Shrinks in Mass

News summary by MFWire's editors

While State Street's presence on the global scale continues to grow, their presence in Massachusetts has been shrinking, the Boston Business Journal reports.

State Street boasts some of the state's most influential corporate citizens. However, the company employs 1,100 fewer people in Massachusetts than it did in 2008. In the same amount of time, the company's local real estate foothold has declined by nearly 1 million square feet.

In 2014, State Street will move important operations to a new building on the South Boston Waterfront, the result of an agreement that provided $11.5 million in city property tax relief. This move will presumably secure the firm's continued presence in Massachusetts, at least for a while. 

Edited by: JY

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use