News: Front Section

Cook of Cummings Properties brokers 5,000 s/f lease with MuCell Extrusion, LLC

Cummings Properties recently welcomed MuCell Extrusion, LLC to 212 West Cummings Park. The high-tech company, now occupying nearly 5,000 s/f in the Washington St. office park, provides a cleaner approach to the making of high quality plastic parts. Its technology is used by manufacturers of such familiar items as film packaging, yogurt cups, and garden hoses. Previously a division of Trexel Inc., MuCell required a new location as a result of its sale to UK-based Zotefoams in March. After considering its technology needs, MuCell turned to Cummings Properties. Bringing MuCell Extrusion to West Cummings Park presented some unusual challenges, said leasing director Derek Cook, who worked directly with MuCell on the lease. Among them was supplying enough heavy electrical power to operate its substantial machinery and equipment. "Once we identified a facility that was appropriate for MuCell's unique requirements, our construction group coordinated with NSTAR to install a new high voltage electrical service, and make it happen in very short order," said Cook. "Cummings Properties bent over backwards to meet our needs," said MuCell president Mark Lindenfelzer. "Working with them was a great experience, overall." MuCell joins a growing cluster of Cummings Properties client firms that employ environmentally friendly technology, including Levant Power Corporation, Joule Scientific, and Myriant Technologies. According to Lindenfelzer, while other plastic manufacturing methods use hydrocarbon-based additives, MuCell's technology applies the naturally occurring gasses of nitrogen and carbon dioxide in its process.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary