Hasbro is moving its headquarters to Boston and leaving its long-time home in Pawtucket, Rhode Island, the company announced Monday.
The toy and game maker will move to 400 Summer Street in the Seaport.
Hasbro moving to Boston
Hasbro will lease seven floors of the building near the Menino Convention Center.
"The new space will be home to at least 700 full-time employees expected to transition from Rhode Island to Boston by the end of 2026," the company said in a statement Monday afternoon, ending a year of speculation about it's future in Rhode Island.
"The company plans to continue to support Hasbro Children's Hospital with annual donations and will keep recruiting from Rhode Island's colleges and universities," the company said.
"We are thrilled that Hasbro has chosen Massach