News: Front Section

Cummings Properties signs MobilityWorks to 10,000 s/f lease

Woburn, MA MobilityWorks, one of the nation’s largest retailers of wheelchair-accessible vans, has leased a 10,000 s/f space with Cummings Properties for its newest dealership. The showroom is expected to open soon at 299 Washington St.

MobilityWorks sells new and pre-owned vans that are modified for wheelchair accessibility, and provides rental vans and adaptive equipment such as hand controls, rotating seats, and scooter lifts.

“Woburn is at the nexus of Rtes. 95/128, Rte. 93, and Rte. 3; it’s a very accessible area and ideal for business,” said Roger Brown, general manager at MobilityWorks.

The Washington St. dealership will be the third that MobilityWorks has opened in the state, with others in North Attleboro and Norwood.

 “MobilityWorks required a first-class dealership location that can be easily accessed by its clientele,” said Cummings Properties senior leasing director Rob Yacobian, who worked on the transaction with Tyler Ewing, managing director of Newmark Knight Frank’s Boston office. “We were able to design, permit, and construct the showroom and service center in an expansive, well-lit property that will allow the company to showcase its vehicles.”

According to Yacobian, the new location includes design details like four-foot-wide doorways and durable epoxy-coated floors, making the dealership easily navigable for clients.

“The Washington Street showroom is exceptional,” Brown said. “We have 72 sites around the country, and this is one of the best. The Cummings design team really collaborated with us and put a lot of thought into how to develop the space with our clients in mind.”

MobilityWorks (aka WMK, LLC) is a Cleveland, Ohio-based company that employs specially trained Certified Mobility Consultants to work closely with its clients to understand their specific transportation needs in finding the right vehicle solution. Founded in 1997 with one location, MobilityWorks has been recognized on the Inc. 500|5000 list of Inc. Magazine’s fastest growing privately held companies for the past 10 years.

Cummings Properties’ portfolio of more than 11 million s/f of prime space accommodates offices, healthcare facilities, labs, restaurants, retail storefronts, warehouses, co-working spaces, executive suites, and more. With a portfolio of this size and variety, the firm can meet almost any commercial real estate need from 150 s/f to 300,000 s/f. Its in-house experts in design, construction, and property management offer “one-stop shopping” for leasing clients.

MORE FROM Front Section
Front Section

McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
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 doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.