News: Front Section

Spring Air leases 4,550 s/f at Cummings’ TradeCenter 128

Woburn, MA Spring Air is relocating its corporate headquarters from Everett St. in Chelsea to a 4,550 s/f space at TradeCenter 128. The international mattress company is expected to occupy its new offices at the Cummings Properties managed campus in July.

Founded in 1926, Spring Air develops and provides mattress and sleep set solutions. The firm has 10 domestic factories and 35 international licensees that operate throughout the United States and in 43 countries across the globe.

Senior leasing director Rob Yacobian of Cummings Properties worked directly with Spring Air on the lease, which includes executive offices and a showroom.

“Spring Air was looking to scale up at a prominent, convenient location along the 128 corridor,” said Yacobian. “TradeCenter 128 offers the firm an easily accessible, visually striking headquarters at the exceptional value found at campuses outside Boston proper.”

The landmark TradeCenter 128 campus directly fronts I-95 and is one mile from the I-93 interchange. It offers first-class fully built-out space for a wide range of commercial uses, including corporate offices, laboratories, healthcare facilities, retail storefronts, and executive suites. The campus features numerous amenities, including Dunkin’ Donuts, Strega Prime Italian Steakhouse, Big Sky Bread Café, a day care center, dry cleaner, and multiple banks and fitness services.  

For nearly 100 years, Spring Air has been widely recognized for its mattresses and sleep sets. Its free-end offset coil design, which adjusts to each sleeper’s weight, has been replicated throughout the bedding industry. 

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