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State Street weighing move to Seaport

State Street Corp. is pursuing a deal to build a 500,000-square-foot office building in Boston’s seaport district, a move that would bring another major company to the city’s rapidly growing waterfront, according to a source briefed on the deal. The bank would build its new offices at Channel Center, a seven-acre office and retail complex off Congress Street in the Fort Point neighborhood. The owner of the property, Commonwealth Ventures, has development rights for 751,000 square feet of additional office and residential space on three unoccupied parcels in the complex.

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