Life Sciences Work Space Solutions Archives - Cummings Properties: Leasing Advisor

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…

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…

12Jan 2021 by Ashley Caprarella

Cummings Supports Rapid Growth in Life Sciences Industry with LabsFast

Life Sciences Work Space Solutions

As the life sciences industry in Massachusetts continues its rapid expansion, the lab market remains one of the hottest commercial real estate sectors. With high demand and scarce availability in Boston and Cambridge, lab space is at a premium and competition is fierce. Cummings is addressing the greater Boston region’s need for affordable space by continuing to develop new life sciences facilities and providing quick turnaround on lab suites. As both a developer and property manager with broad in-house expertise, Cummings is uniquely positioned to deliver specialized labs quickly for life sciences, biomanufacturing, pharma, and research firms. Here’s how we can quickly accommodate fast growth or newly funded life science companies: In-house Capabilities With in-house leasing, design, permitting, and construction capabilities, as well as expertise in lab buildouts, Cummings provides…