What Your Office Foyer Says About Your Business

What Your Office Foyer Says About Your Business

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In business, a first impression is everything. That goes beyond simply meeting and greeting new potential clients and customers. An office is a space that makes an impression the moment someone walks in. Whether it is a potential new hire, a business partner, or someone who might be joining in on a venture, they will look to your office foyer when forming their first impression. The office foyer says a lot about your business, so be sure to make it a good first impression on anyone entering. Perfecting the Office Foyer An office foyer is truly the first thing people see when they enter your place of business. There are a few things you want people to think when they come into your foyer for the first time, all of…
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What to Look for in a Laboratory for Your Bio-Med Startup

What to Look for in a Laboratory for Your Bio-Med Startup

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Finding space to lease can be difficult for any startup, but it can be even more challenging for a bio-med company. Singling out the best places to start a laboratory can be a tedious process, but finding a great location is not impossible. Read our industry blog on the best practices when searching for a bio-med lab space.   Building the Perfect Lab for a Bio-Med Startup Multiple things go into the perfect laboratory for any bio-med company, but when starting things up, there are some crucial items to consider first. Space for Everything and Then Some There’s nothing a lab needs more than adequate room to operate. A large space is needed to provide enough room to work as well as to conduct renovations if needed due to the…
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What Does the Term Turnkey Mean on a Real Estate Listing?

What Does the Term Turnkey Mean on a Real Estate Listing?

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The world moves fast. In the world of digital communication, social media, and the Internet, business ideas can move from conception to life very quickly. Leasing a traditional office space, however, can take some time, especially if there are necessary improvements before the new client can begin business in their new office space. How then, do you find an office rental to accommodate your needs if time is of the essence? A turnkey commercial space may be your solution. “Turnkey” is a term often heard when renting a commercial space, but what does it really mean? A turnkey listing, regarding commercial real estate, is a commercial space that is mostly or wholly prepared for occupancy. This means that many or all features of the space are in place and in…
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Amenities Included in Our Commercial Space

Amenities Included in Our Commercial Space

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Not all commercial spaces are created equal. Spaces can be outfitted in any number of ways. Luckily, Cummings Properties offers a diverse range of design options and amenities to meet your needs, typically at half of the cost of leasing in Cambridge or Boston. Cummings offers all different types of offices suites. The three most common categories are laboratory space, office space, and flex space, each outfitted for any number of intentions. Laboratory Suites Laboratory suites are a common choice for tech firms, medical offices, and other businesses needing a lab facility. Leasing a laboratory suite often includes a custom buildout, but Cummings Properties has an incredibly helpful, fully integrated leasing system that makes the construction process clear and simple. Laboratory space offerings include incubator labs, wet rooms, clean rooms,…
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Understanding the Process of Leasing a Commercial Space

Understanding the Process of Leasing a Commercial Space

blog, commercial offices
Leasing commercial space is a different process than leasing residential real estate. There are different factors to take into account that not everyone would think of. Especially if it is your first time leasing commercial office space, the process likely seems very daunting. Here is a short guide to understanding the process of leasing a commercial space. As always, Cummings Properties’ offers a fully integrated leasing system with advice on and services related to construction, financing, design, and more. Whether it's your first or tenth time, Cummings Properties can make the process easy. Location is important to the health of a business. You need to consider your customer base, access to other parts of the city, and your desired size. Once you’ve decided on a location that fits your needs,…
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Leasing vs. Owning a Commercial Space

Leasing vs. Owning a Commercial Space

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Investing in a commercial space can be an overwhelming task, especially for someone looking into commercial real estate for the first time. Terminology is thrown around and not always explained. One of the most common questions regarding commercial real estate is, “What is the difference between leasing and owning?” The basic differences between the two is very simple; the complexity lies in the details of the two. Leasing an Office Space Leasing a space is essentially like renting a residential property. Each month, the tenant pays the landlord a certain predetermined amount of money for rent. In exchange, the landlord carries many of the responsibilities of property management such as maintenance and purchasing building insurance. Additionally, in the short-term, leasing is much more cost-effective than owning for many companies, especially…
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Middlesex Superior Court

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Approximately 150,000 square feet of office space at Trade Center Park will be leased to Middlesex Superior Court. This is expected to be a temporary location for the Court for three to five years, while the state completely renovates Edward J. Sullivan Courthouse in Cambridge. Any community in any state is typically delighted when presented with the opportunity to host a courthouse or other significant government entity. In addition to the prestige and community pride, a large operating courthouse like this will inject many hundreds of thousands of dollars each year into the local economy. This economic gain will come not only through the creation of new local jobs, but also through significant added revenue for area hotels, restaurants and other local services. One very unusual difference in this situation…
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Boston Business Journal Visionary Award

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Introduction of Bill CummingsGiven by George Donnelly, Executive Editor, Boston Business Journal Now we will conclude today’s awards with the presentation of the 2014 Visionary Award - honoring an outstanding leader within the real estate community. Bill Cummings created his empire the old-fashioned way: slowly, surely, debt free. Strategic and disciplined. Buy and hold. In Bill's case, buy, build and hold. Given Bill's remarkable 44-year run at Cummings Properties, having amassed near 10 million square feet of space in 10 communities that ring Boston, his track record alone in real estate development and property management would easily earn him this award. But how many people amass considerable wealth, as Bill did, and then devise a thoughtful plan to give it away — all of it — to charity? This was…
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