News: Front Section
Posted: December 22, 2017
Cummings Properties signs Solutions for Living to 5,000 s/f
Stoneham, MA Solutions for Living, a provider of counseling and conflict resolution services, relocated to a 5,000 s/f office at 92 Montvale Ave. The nonprofit organization moved from its previous location at 200 Boston Ave. in Medford. Both buildings are owned by Cummings Foundation and operated – for its sole benefit – by commercial real estate firm Cummings Properties.
The business relationship between the Cummings organization and Solutions for Living extends back 20 years, according to Tony Spencer, Cummings Properties senior account manager. Spencer recently visited the Montvale Ave. office to present a personalized and engraved wooden captain’s chair in honor of Solutions for Living’s 20-year milestone.
The organization is also a two-time recipient of Cummings Foundation’s $100,000 for 100 grant program, which annually awards grants of $100,000 each to 100 nonprofits based in and serving communities in Essex, Middlesex, and Suffolk counties.
“This giving program would not be possible without the more than 2,000 client firms like Solutions for Living that choose to locate their businesses within the Cummings portfolio,” said Spencer. “It’s a pleasure to have such a longstanding relationship with an organization as well-respected and impactful as this one.”
Cummings Properties’ portfolio of 11 million s/f of 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 square feet to 300,000 square feet. Its in-house experts in design, construction, and property management offer “one-stop shopping” for leasing clients.
Tags:
Front Section
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.
Columns and Thought Leadership
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
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.
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
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.