News: Front Section

Waddell & Reed leases 6,000 s/f at Cummings Properties' TradeCenter 128

Cummings Properties recently welcomed Waddell & Reed Financial Advisors to its flagship TradeCenter 128. A client since 1991, Waddell & Reed went through a long period of expansion at the commercial real estate firm's well-known West Cummings Park campus, before moving to the landmark Rte. 128 location. According to Pat Briand of Waddell & Reed, as the financial company's business expanded over the years, Cummings was resourceful in accommodating its growth by making additional office space available within the building. Lelani Loder, a Cummings leasing/property manager, said, "We take pride in accommodating the changing needs of an evolving company, and we have the in-house expertise to design and build out custom offices quickly." While the gradual acquisition of adjacent space met Waddell & Reed's needs for 20 years, it ultimately decided to relocate within the Cummings portfolio to a new 6,000 s/f office suite at TradeCenter 128. In order to help Waddell & Reed meet its corporate requirements, Cummings customized the office space, using specified paint colors and wall and floor coverings. "We are growing very fast. We needed a new space and, once again, Cummings Properties responded to our needs," Briand said. Loder said, "Because Cummings Properties has such a diverse portfolio of office space, our clients have many options from which to choose. Waddell and Reed got exactly the layout it wanted in a very high profile location on Route 128." Like West Cummings Park, the TradeCenter 128 campus offers a wide range of amenities. Waddell & Reed employees and clients will continue to enjoy free parking, cafes, dry-cleaning, a full-service bank, medical services, public transportation, and day care, as well as fine dining at Beacon Grille, one of the region's destination restaurants. "Cummings Properties was really great—it did everything we asked for," Briand said. "The suite is beautiful." Cummings Properties is a full-service commercial real estate development, property management, and construction firm, located in Woburn for more than 40 years.
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