Pembroke Real Estate

Pembroke Real Estate is a subsidiary of FMR, LLC, that owns property in Boston, San Francisco, Washington DC, London, Paris, Oslo, Munich, Hamburg, Stockholm, Helsinki, Tokyo, Brisbane, Sydney, and Melbourne. Pembroke manages 6.5 million square feet, and their properties are either mixed-used (with a combination of office, commercial, residential and hotel spaces) or exclusively for office use. According to Investment News, Pembroke's primary clients are Fidelity investors and family investment vehicles, meaning Pembroke is used primarily to expand the wealth of both the Johnson Family and Fidelity Investors. The President of Pembroke Real Estate is Edward Johnson IV, the brother of Abigail Johnson. Edward is worth $3.5 billion according to Forbes. Pembroke’s Boston portfolio includes 255 State Street and Seaport Place.