Cummings Properties: Leasing Advisor -

08Aug 2022 by Ashley Caprarella

Recent property history

Trade Center Park was originally developed as a manufacturing plant for Sylvania Electric Company in the 50's. When that plant and several other Sylvania facilities in Massachusetts closed, the site had a brief stint as Northeast Trade Center. Fairly soon, however, the facility was little more than a site for weekend trade and guns show. Click to enlarge Jolly Jim's Flea Markets were the most known events on the site, and longtime area residents still vividly remember special weekend shows. Early Friday evening arrivals for the best bargains often collided with rush-hour traffic. The Route 38 snarl completely blocked the rotary, and traffic was often backed up for up to a quarter mile, both north and south on Route 128. Aerial views of Woburn traffic at Route 38 were not…

16Mar 2022 by socialmedia

Why medical practices choose Cummings Properties

blog, commercial offices, medical office

Learn how leasing medical office space with Cummings can help you and the healthcare professionals at your wellness practice expand your patient base and scale up your operation. Thriving medical clusters Take advantage of the cross-pollination opportunities that come from locating your medical practice in an established healthcare community. With assorted health and wellness professionals just steps away, and local hospitals within minutes, the convenience factor for patient referrals and staff is unmatched at Cummings campuses across the MetroNorth region. Our most prominent medical communities can be found at Cummings office parks in Woburn, Stoneham, and Beverly, MA, where Cummings Center alone is home to more than 120 physicians, surgeons, and dentists, plus dozens of physical therapists, psychologists, and other healthcare practitioners. Customized medical office space From concierge physicians’ offices…

13Jan 2022 by socialmedia

2 Cambridge Biotech Companies Open Labs in Woburn

commercial offices, Lab Space, Life Sciences Work Space Solutions, Uncategorized

Two Cambridge life sciences firms recently joined Woburn’s robust biotech cluster. Vaxess Technologies expanded its operation with a 3,600-square-foot GMP manufacturing laboratory at Cummings Park, and SeromYx Systems relocated its entire operation to an 8,000-square-foot Biosafety Level 2 facility at 299 Washington Street. Vaxess Technologies celebrated the grand opening of its GMP manufacturing facility in Woburn. Left to right: Rep. Richard Haggerty; Joe Boncore, CEO of MassBio; Sen. Cindy Friedman; Michael Schrader, CEO, Vaxess Technologies; Eric Anderson, president, Cummings Properties; and Kenn Turner, president and CEO of Massachusetts Life Sciences Center. Photo credit: Duncan Lake, Cresa. Long a hidden gem for life sciences firms, Woburn is now drawing attention as an ideal locale for biotech, pharma, and advance manufacturing companies. It’s also drawing key leaders to tour cutting-edge labs, including…

07Jan 2022 by socialmedia

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…

15Oct 2021 by Ashley Caprarella

Key considerations for choosing your next career opportunity

Uncategorized

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…

26Feb 2021 by Ashley Caprarella

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…

25Feb 2021 by Ashley Caprarella

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…

08Feb 2021 by Ashley Caprarella

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…