
John Power
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- Full Name
- John F. Power (CRE®)
- Title
- Principal & Co-Founder
- Firm
- Farley White Interests (Farley White Management Company)
- Firm Type
- Privately held commercial real estate investment, development, and management firm (direct property owner/operator — not a venture fund)
- Investment Stage
- Direct commercial real estate acquisitions — value-add and core/core-plus office and industrial assets (the "Seed Round" label in the stub data does not match this investor; he does not make startup/seed venture investments)
- Check Size
- Not publicly disclosed; individual asset acquisitions typically range into the tens of millions (e.g., 100,000–650,000+ sq ft office/industrial buildings)
- Target Company Profile
- Existing income-producing commercial buildings — office, medical office, industrial, mill conversions, and land — where quality can be enhanced to drive occupancy
- Sector Focus
- Commercial real estate (office, industrial, converted 19th-century textile mills)
- Geographic Focus
- Massachusetts, New Hampshire, Connecticut, and Florida (Boston/New England core plus a Tampa–Gulf Coast, Florida expansion)
- Location
- Boston, MA (155 Federal Street, Suite 1800) — resides in Wellesley, MA
Background
John F. Power is a principal and co-founder of Farley White Interests, a Boston-based commercial real estate firm he launched in 1995 together with Roger "Sam" Altreuter. A graduate of the College of the Holy Cross, Power began his career in commercial brokerage — early roles included Peter Elliot and Company — before becoming a principal at Whittier Partners, a prominent Boston brokerage that was later absorbed into CB Richard Ellis (CBRE). That brokerage grounding shaped his hands-on, asset-level approach to ownership.
At Farley White, Power's focus is on asset management and financing, and his broader professional practice spans investment, leasing, and real estate tax abatement. He carries the CRE® (Counselor of Real Estate) designation and is affiliated with the organization's New England chapter, where his listed areas of expertise include acquisitions, dispositions, landlord representation, lease negotiation, and tax consulting across central business district office, medical office, and suburban office property types.
Over roughly three decades, Power and Altreuter have built Farley White into an owner-operator of more than 4 million square feet of commercial buildings serving over 250 tenants, with a staff of 40-plus. The portfolio ranges from converted nineteenth-century mill space to modern office and industrial buildings, with management offices in Boston, Lowell, and Billerica (MA), Bedford (NH), and Tampa (FL). Around 2015, Power led a deliberate geographic diversification away from New England into Florida's Gulf Coast — a stretch from Tampa toward Naples — attracted by the region's corporate base, growth trajectory, and high-caliber building inventory.
Investment Thesis & Focus
- Buys quality, then improves it: The firm rejects treating buildings as commodities, instead evaluating each asset's unique strengths — its stated belief is that "quality matters and that, ultimately, higher quality means higher occupancies, lower costs and the upward migration of the properties in competitive markets."
- Customer-service-driven value creation: Power emphasizes tenant relationships as a core investment lever — "Near term our goal will be to work to create an environment where the customer service is as high as it can be."
- Two-market strategy: Deep roots in Boston/New England office, industrial, and mill-conversion assets, paired with a growing Tampa/Florida office platform chosen for corporate demand and building quality.
- Asset types: Office (CBD, medical, suburban), industrial, and land; comfortable with adaptive-reuse of historic mill properties.
- Long-term hold, hands-on management: In-house property management and financing rather than passive or short-flip strategies.
Notable Investments
- Lakeview at Hidden River (Tampa, FL) — 133,201 sq ft office building acquired from Dilweg on April 30, 2025; brought Farley White's Hidden River Corporate Park holdings to ~688,000 sq ft.
- Hidden River Corporate Park (Tampa, FL) — Anchor of the firm's Florida platform; total Tampa holdings now exceed 1.2 million sq ft, including former Citigroup office space.
- 90 Arboretum Drive (Newington/NH area) — Ground-up development of a ~72,000 sq ft building (groundbreaking reported by NEREJ).
- Wannalancit Mill (Lowell, MA) — Converted historic textile-mill office/commercial complex.
- Boott Mills / 116 John Street (Lowell, MA) — Adaptive-reuse mill property.
- Bedford Executive Office Park (Bedford, NH) — Suburban office holding.
- Manning Road properties, Billerica, MA (33 & 37 Manning Road) — Commercial/industrial holdings.
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