Current Trends and Considerations for Leasing Greater Boston Lab Space

Current Trends and Considerations for Leasing Greater Boston Lab Space

Uncategorized
With lab space at a premium in Boston and Cambridge, life sciences and biotech companies are choosing to move to or start up in the MetroNorth region. Cummings, with its broad in-house expertise, is uniquely positioned to deliver specialized labs quickly for life sciences, biomanufacturing, pharma, advanced manufacturing, and research firms. Our convenient locations on I-95 and I-93, ample free parking, and many area amenities, including restaurants, hotels, and shopping, make us a one-stop shop for growing organizations. Chief Design Officer Jim Trudeau recently discussed his role in designing lab and technical spaces, factors to consider, and current trends.    What is your role at Cummings? I lead Cummings' 20-person architectural and engineering team, with a special involvement in laboratory and technical projects. Our internal designers and engineers have designed…
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Key considerations for choosing your next career opportunity

Key considerations for choosing your next career opportunity

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Autumn is a popular time of year to consider a career change. As summer vacation season ends, businesses look to fill gaps in their workforces, and job seekers refocus their efforts to secure meaningful employment.  Commercial real estate developer Cummings Properties knows a thing or two about the hiring process. Together, its diverse in-house team of about 350 colleagues design, build, market, manage, and maintain 11 million square feet of commercial real estate across 11 suburban Boston communities. Here are several considerations to keep in mind as you explore new professional opportunities. Corporate Culture The workplace culture at your new job will set the tone for your experience. Try to get a sense of the company’s core values during the interview process. Are teamwork and camaraderie emphasized or is the focus on…
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Planning Your Return to the Office

Planning Your Return to the Office

blog, commercial offices
With COVID-19 precautions well understood and vaccines being rolled out, many businesses that went remote during the pandemic have decided that it’s time to plan their return to the office It’s time for easier collaboration and greater camaraderie. It’s time for that synergistic creativity that happens when cubemates casually bounce ideas off each other. It’s time for happenstance hallway chats and raiding your colleague’s candy jar. Whether your back-to-the-office timeframe is next month, next season, or next year, Cummings is ready to help you plan for a smooth transition. Our in-house team of leasing, design, and construction experts will help you find the ideal location, layout a floorplan with safety and comfort in mind, and, if necessary, complete a buildout. With 50 years of experience and a streamlined approach to…
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Cummings Brings New First-Class Lab Space to Beverly

Cummings Brings New First-Class Lab Space to Beverly

commercial offices, Lab Space
The North Shore will soon boast a premium emerging lab facility for life science companies, with the opening of Cummings’ Emerging Tech Center at Dunham Ridge. In its first phase, Emerging Tech Center will feature a cluster of six labs ranging from 1,000 to 4,000 square feet, ready for occupancy this summer. This size laboratory suite serves an unmet need in the life sciences community: It is ideal for companies graduating from incubators and ready for independent space, but still seeking the benefits of a collaborative environment. Emerging Tech Center will occupy the top floor of 48 Dunham Ridge, a five-level, first-class lab and office building. Lease rates for the new lab suites start as low as $31/SF, a dramatic contrast to the record high rates in Cambridge at Kendall…
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The North Shore Welcomes the Next Wave of Innovation in Massachusetts

The North Shore Welcomes the Next Wave of Innovation in Massachusetts

blog, commercial offices, Life Sciences Work Space Solutions
Massachusetts is well established as the global leader in the life sciences. Our ecosystem includes companies from small startups to big pharma, as well as the academic institutions, incubators, accelerators, and investors that support them and their growing workforces. Yet, as the life sciences industry continues its rapid expansion in the region, some factors limit its potential growth. In its “State of Possible 2025 Report,” MassBio identified both scarcity and affordability of suitable space as critical structural challenges for the Commonwealth.  According to this five-year strategic plan for the life sciences industry, “Extremely low vacancy rates and highest in the nation commercial and lab rents in the Cambridge/Boston cluster are crowding out both entrepreneurial and larger companies.” In addition, talent recruitment and retention are threatened by the high cost of…
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Cummings Supports Rapid Growth in Life Sciences Industry with LabsFast

Cummings Supports Rapid Growth in Life Sciences Industry with LabsFast

Life Sciences Work Space Solutions
As the life sciences industry in Massachusetts continues its rapid expansion, the lab market remains one of the hottest commercial real estate sectors. With high demand and scarce availability in Boston and Cambridge, lab space is at a premium and competition is fierce. Cummings is addressing the greater Boston region’s need for affordable space by continuing to develop new life sciences facilities and providing quick turnaround on lab suites. As both a developer and property manager with broad in-house expertise, Cummings is uniquely positioned to deliver specialized labs quickly for life sciences, biomanufacturing, pharma, and research firms. Here’s how we can quickly accommodate fast growth or newly funded life science companies: In-house Capabilities  With in-house leasing, design, permitting, and construction capabilities, as well as expertise in lab buildouts, Cummings provides…
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Top Five Reasons to Lease Commercial Office Space in Woburn, MA

Top Five Reasons to Lease Commercial Office Space in Woburn, MA

blog, commercial offices, Lab Space, medical office, Retail Store Space
The greater Boston area is a veritable treasure trove of commercial real estate opportunities for companies of all sizes. Suburban properties, in general, are experiencing a surge in interest, and Woburn remains a prime candidate for firms looking to spread out in the suburbs. If you are looking to lease a new office space, lab space, or medical space, here are a few reasons to consider Woburn. Centrality Woburn’s central location in the greater Boston area can set any business up for success. A short drive outside of Boston proper, Woburn is strategically positioned along both I-93 and I-95. These major highways make it easy for employees, clients, vendors, and other visitors to reach the suburb and any businesses therein. Even visitors from out-of-state will find something to appreciate with…
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Robotics in Construction

Robotics in Construction

blog, commercial offices
It seems that every day that a newly minted technology promises to make our lives easier through automation. From the humble assembly line robot to the long-fabled Amazon drone delivery service, robotic technology appears to be an inevitability of the future, for better or worse. Cummings suburban division manager, Dan Linscott, recently served on a panel discussing the potential for automation and robotics in construction. Though some traditionalists may recoil at the idea of robots on a construction site, Dan recognizes both pros and cons of the technology and advises his peers to take a more nuanced stance on these new tools. Benefits One of the most obvious benefits of robotics in construction is the lowered risk to workers. Robots would be at the forefront of the more hazardous tasks,…
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