News: Owners Developers & Managers

Cummings Properties' 150,000 s/f TradeCenter 128 welcomes employees

Many employees at the Edward J. Sullivan Courthouse will be making the move to their new 150,000 s/f building at TradeCenter 128. It is expected to be fully ready for occupancy by March. This concrete and glass-enclosed facility is located on Sylvan Rd., between exits 34 and 35, off Rte. 128/I-95. It is a seven-story structure connected to another new seven-story office building by a 900-car garage, according to officials at Cummings Properties, LLC, the project's owner and developer. Work on the TradeCenter 128 began last January and the project remains on schedule, with an expected December 31st completion day for the freestanding courthouse building, says Ernie Agresti, vice president of Cummings. "At the urging of the court, we agreed to make an extra special effort to complete the courthouse by the end of the year so it could move in by early 2008." Approximately 200 employees of the Middlesex Superior Court will occupy the new office and courtroom space. According to Agresti, the court has leased its new facility for five years, during which the state is expected to complete more than $130 million in courthouse upgrades.
MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.