Highlights from the Life Science and Healthcare Summit

Highlights from the Life Science and Healthcare Summit

blog, Lab Space, Uncategorized
The migration of life science and healthcare firms to the suburbs was a hot topic at New England Real Estate Journal’s recent Life Science and Healthcare Summit. Senior Leasing Director Rob Yacobian of Cummings Properties was one of four experts on a panel discussing location-related trends for the biotech sector. Read below for the highlights of Rob’s contributions to the conversation. How the life science boom has affected the Cummings portfolio Life science firms currently make up more than 10 percent of the Company’s portfolio, with the largest concentrations in Woburn, Beverly, and Medford. The type of space most in demand by these biotech firms has evolved over the years. Cummings initially worked with many early-stage firms seeking single-story buildings with a mix of office and lab space. Today, an…
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Where to Shop for Holiday Gifts in Greater Boston

Where to Shop for Holiday Gifts in Greater Boston

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With gift-giving season fast approaching, now is the time to map out your holiday shopping plans. Year after year, we struggle to wow our loved ones without breaking the bank or pulling a mental muscle. If you find yourself stressing about coming up with clever, heartfelt holiday presents for the special people in your life, read on. From toys to books to spa treatments and gift baskets, Cummings Properties’ many leasing clients have you covered with gift options available for purchase online and in-store around the North Shore. Culinary Gifts Have you been tasked with bringing dessert to this year’s holiday dinner? An easily transportable treat from Edible Arrangements is a sure crowd-pleaser at any gathering. If your audience is prone to food allergies, you might pick up a few…
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Top Four Reasons to Lease in Andover

Top Four Reasons to Lease in Andover

blog, commercial offices
Andover’s River Road district is well known as a thriving suburban business center in Massachusetts. Conveniently located in the heart of the Merrimack Valley, Andover provides access to major highways, green space, and plenty of desirable amenities. If you’re looking to lease a new office space, medical space, or lab space for your business, here are a few reasons to consider Andover. A convenient commute With so much of the day consumed by work, a painless commute can make all the difference in giving your staff a sense of balance. Andover is a short drive from the border—and broad talent pool—of Southern New Hampshire. It’s also just north of I-495 and abuts I-93 at Exit 45. With access to public transportation and major highways, Andover is a prime location for…
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New Andover, MA Amenities

New Andover, MA Amenities

blog, commercial offices, Fitness, Retail Store Space
New Andover Amenities Clients at 40 Shattuck Road, Andover are now enjoying two new amenities: a fitness center and self-service micromarket. Cummings Properties’ in-house teams designed and constructed these spaces for the convenience and enjoyment of the employees who work at this modern building, located in the thriving River Road business district. On-Site Fitness Center Clients can avoid the cost and crowds of large fitness centers by taking advantage of this “pocket gym,” which is reserved exclusively for building clients and is available free of charge. Whether you’re partial to cardio or weights, this gym space is all you need to raise your heartrate and burn some calories. It features a treadmill and exercise bike, as well as free and pull weights and a bench for strength training. Check your…
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Ride the Wave to Cummings Center

Ride the Wave to Cummings Center

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Cummings Properties is a proud sponsoring partner of the North Shore Wave, a shuttle that connects the MBTA commuter rail service at Beverly Depot to the more than 500 businesses located at Cummings Center. This new free transportation service makes multiple morning and end-of-workday runs. Stops are conveniently located at both 100 and 500 Cummings Center. For commuters’ convenience, the shuttle’s arrival may be tracked on mobile phones using the handy “shuttle tracker.” Riders may also choose to receive shuttle alerts via text message (text  ‘nswave’ to 555888 to sign up), and may follow the Twitter account @NSWaveShuttle for the most current schedule information, as well as notices about delays and contests or promotions. The shuttle can carry 24 passengers and 2 wheelchairs, or 30 passengers and no wheelchairs. It does not have…
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Robotics startup relocates from Somerville incubator to Woburn

Robotics startup relocates from Somerville incubator to Woburn

blog, commercial offices
Root AI is relocating from Somerville’s Greentown Labs to a 5,000-square-foot facility at 78 Olympia Avenue, Woburn. “Root AI was ready to graduate from an incubator to a larger space of its own, but could not find what they needed in Somerville at a price that worked,” said Cummings Properties leasing officer Steve Cusano. “Our Woburn location allows this rapidly expanding company to save on rent and dedicate more resources to growth while remaining close to Boston.” Root AI joins a cluster of technology companies—including agricultural tech firm Agrivida and robotic truck developer Balyo—at 78 Olympia Avenue. Founded by graduates of MIT, UPenn, and Brown University, the robotics and agricultural tech company develops intelligent farming robots that can determine when fruit is ripe and then use patent-pending grippers to pick…
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Montessori Kids Universe leases 11,000 square feet in Beverly

Montessori Kids Universe leases 11,000 square feet in Beverly

blog, commercial offices
Montessori Kids Universe of Beverly is now open at Beverly’s Cummings Center. The 11,000-square-foot space at the 600 building is the first New England location for the national franchise. “Beverly is an ideal location for us, as it is at the center of the North Shore, and Cummings Center is a great place to deliver quality early education services because there are so many companies on campus that have employees with young families.”Eden Joy Pacsial-Ong, Ph.D., owner of Montessori Kids Universe of Beverly Pacsial-Ong worked directly with Cummings Properties business development officer Michelle Paul on the lease, which included improvements to the indoor space and more than 2,300 square feet of outdoor play area. “We added windows and fresh paint, created a new teachers’ lounge and director’s office, and enhanced…
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