Harvard Business Publishing To Relocate to Brighton

Harvard Business Publishing—a publishing platform under the University that prints Harvard Business Review among other material focused on management—will relocate its headquarters from its current location in Watertown to Boston Landing, a new complex in Brighton, to achieve more space for its expansion.

The transition will open up an additional 35,000 square feet of office space for HBP and will be expected to be completed within the next year, as reported in the Boston Globe last week.

A spokesperson from the Business School told the Globe that the University had considered other locations, namely developing new buildings in ongoing Harvard projects in Allston, but it instead chose Boston Landing because of the property’s earlier completion date.

Since the approval of Harvard’s Institutional Master Plan in 2013, construction has begun on the nine projects that will be completed over the next ten years, which will add 1.4 million square feet of new development and 500,000 square feet of renovations. Among the projects is the construction of a new executive education facility at the Business School.

HBP is currently headquartered out of the Arsenal Complex in Watertown, a property the University purchased in 2001. Harvard had originally planned to develop the complex, but it has since been sold to an electronic medical records company, according to the Globe.

“Harvard Business School Publishing is exactly the type of tenant we envisioned for 20 Guest Street, and we are thrilled to welcome them as one of our anchor tenants,” said Jim Halliday, managing director at the New Balance Development Group, the commercial real estate company managing the development of Boston Landing.

According to Boston Landing’s public plans, the mixed-use development will span 15 acres of land along the Massachusetts Turnpike and is expected to include 650,000 square feet of office space, an ice arena, retail space, a boutique hotel, and a sports complex. HBP is set to rent nearly 125,000 square feet of office space at the 20 Guest Street property, according to the Globe.

A press release from NB Development Group states that private real estate firms Transwestern/RBJ and Jones Lang LaSalle represented NB Development Group and HBP, respectively. JLL Managing Director John Osten and Senior Vice President Molly Heath negotiated on behalf of HBP.

—Staff writer Ignacio Sabate can be reached at ignacio.sabate@thecrimson.com . Follow him on Twitter @TheIggySabate.