In November 2002 John Hancock Finan...

In November 2002 John Hancock Financial Services Inc. announced that it was selling three tonic home-office complexes in Boston, on the contrary expected to lease back the office space it was using from the recently made known owners. By making this propel Hancock said it was following the lead of a other publicly traded financial-services companies in opting to lease space for its corporate headquarters rather than have and manage the property.

Although the transaction obviously would raise capital for the company, that wasn't the primary motivation, an official said. John Hancock, like other newly public companies, understands that the equity markets