Lab Space Archives - Cummings Properties: Leasing Advisor

29Aug 2022 by socialmedia

There’s always parking at Cummings

commercial offices, Lab Space, Uncategorized

The last thing anyone wants when arriving somewhere, whether it be for work, appointments, or dining, is having the headache of finding a parking spot. In fact, a recent study from SpotHero shows that about half of Americans surveyed find parking stressful, and more than 63 percent have been late to an appointment due to trying to find a spot. Free business parking This isn’t an issue, though, at any of the Cummings Properties campuses, which are in 11 different Metro North communities -- Woburn, Beverly, Andover, Marlborough, Burlington, Somerville, Medford, Stoneham, Sudbury, Wilmington, and Wakefield. Cummings’ business and research parks, including TradeCenter 128, Cummings Center, and Dunham Ridge, all have ample free parking. Some even offer garages with covered pedestrian access to the buildings, allowing your employees and clients…

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…

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…

07Jan 2021 by Ashley Caprarella

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…

17Nov 2020 by Ashley Caprarella

Why It’s Time for Your Business To Spread Out in the Suburbs

commercial offices, Lab Space, medical office

For as long as we have had cities, some people have assumed they are the place to do business. Some number of professionals have spent their careers believing the only way to get to work was to take an overcrowded train straight to the heart of the nearest metropolis. The realities of 2020, however, have prompted many Massachusetts business owners to reevaluate where they work—and to look to the suburbs. Cummings Properties has long seen the merit in leasing high-value space in the greater Boston suburbs. Recent Boston/Cambridge transplants to Cummings’ locations along the I-95 corridor include life science firms like Qlibrium and Fluid-Screen, logistics specialist Biocair, investment connector Fundopolis, and even Middlesex County Probate and Family Court. The trend is clear: Business decision-makers are looking to the suburbs for…

22Oct 2020 by Ashley Caprarella

Is the Future of Biotech in the Suburbs?

blog, commercial offices, Lab Space

Even before the COVID-19 crisis began, many city-based firms started to look outward toward the suburbs for more cost-effective office and lab accommodations. Biotech, an industry with strong roots in Boston and Cambridge, is no exception. Cummings Properties has long been cultivating a community of biotech and life science firms in Woburn and Beverly, with no signs of slowing down. Lab Space Outside Boston, MA Sciences Switch to the Suburbs Cummings Properties currently provides professional workspaces to more than 100 clients in the biotech and life sciences industries, with a majority of them located in the ever-expanding Woburn, Beverly, and Medford clusters. The scientific community at Cummings has grown to such a point where it has become a draw to firms in and of itself. Qlibrium, one of the latest…

19Feb 2020 by socialmedia

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…

18Feb 2020 by Ashley Caprarella

Advantages of Cummings Properties Lab Spaces

Lab Space, medical office

The greater Boston area is known for being home to a great many companies in the biotech, pharmaceutical, and life sciences industries. With numerous colleges and universities in the area, local businesses have ample talent to draw from when staffing labs and offices. Cummings Properties has been a fixture of the technology and life sciences industries since we began leasing commercial space in 1970. Continue reading to learn more about the top lab spaces we provide for Boston’s biotech, pharma, and life sciences companies. Competitive Lab Rates Cummings Properties’ lab spaces are just outside Boston’s city limits, which means you won't be paying downtown Boston prices on your lease. In addition to our lease agreements being significantly more cost-effective than those in Boston proper and Cambridge, MA, our lab spaces…