The shakeup at WeWork continues, most recently with a layoff of nearly 20 percent of its workforce. Was its explosive growth too much, too fast? Cummings Properties founder Bill Cummings shares his thoughts on WeWork’s reckoning in a new opinion piece in Banker & Tradesman.
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…
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…
When a business is looking for a new location, there are certain features that make a site more attractive. For labs, it’s even more particular. Things like lighting, walls, flooring, and internal space inform whether or not a space is well suited for a lab. For that reason, it’s important to keep a checklist of all the things a lab needs before you start searching for a spot. Here are some things to keep in mind before moving forward with a lab space. Lab Space Must-haves for a Location Walls and Tile Tile is essential to a lab. Carpet or hardwood floors just will not do. Tile can be installed in a space if the location otherwise fits your needs, but you can save time by looking for places with tile…
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…
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…
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…
Center for Autism and Related Disorders (CARD) has established a new location at 600 West Cummings Park in Woburn. The Woburn site is the seventh CARD office to open in Massachusetts. In December 2017, CARD opened a location at Cummings Center in Beverly. CARD’s new 4,700-square-foot center features a sensory gym, which helps children with special needs develop their sensory, communication, and motor skills while improving fitness. Unlike standard fitness gyms that use treadmills and weights, a sensory gym is specifically geared for child development. “Cummings’ in-house design and construction teams were able to create a child-friendly space to complement and enhance CARD’s programs,” said Steve Cusano, leasing officer at Cummings Properties, who worked on the transaction with brokerage firm Pacific Partners Commercial, Inc. “We are so pleased that CARD chose…