The company was founded in 1970 by
Mortimer B. Zuckerman and
Edward H. Linde in Boston. In 1985, the company outbid
Donald Trump to re-develop the
New York Coliseum at
Columbus Circle. However the company did not proceed with development and sold the property, it is now the site of the
Time Warner Center. In 1986, the company completed
599 Lexington Avenue, its first development in
New York City. In 1990, the company began construction of the
NASA Headquarters. It was sold to
Hana Financial Group in 2002. In June 1997, the company became a
public company via an
initial public offering. In October 1997, the company acquired
100 East Pratt Street. In 1998, it acquired
Embarcadero Center in
San Francisco for about $1.22 billion and bought the
Prudential Tower and
The Shops at Prudential Center, both in Boston, for $519 million. In 2000 and 2001, the company completed development of several office buildings in
Reston Town Center. From 2002 to 2005, it built
901 New York Avenue NW in
Washington, D.C. In June 2008, the company acquired the
General Motors Building in
New York City for $2.8 billion, the highest paid for an American office building. In October 2010, the company acquired
200 Clarendon Street (formerly the John Hancock Tower) for $930 million. In 2012, the company partnered with
Hines Interests Limited Partnership to develop the
Salesforce Tower. By 2019, it had acquired 100% of the property. == References ==