News: Owners Developers & Managers

Cummings Props. receives Gold Level LEED for TradeCenter 128

According to Cummings Properties one of the newest office complexes, TradeCenter 128, has received a Gold Level LEED pre-certification by the U.S. Green Building Council (USGBC). LEED Certification (Leadership in Energy and Environmental Design) provides independent, third-party verification that a building project meets the highest green building and performance measures. All certified projects receive a LEED plaque, which is the nationally recognized symbol demonstrating that a building is an environmentally responsible and healthy place to work or live. TradeCenter 128 is a new, seven story, 400,000 s/f, first-class office building, bordering Rte. 128/95. The building is adjacent to the new 139,000 s/f Middlesex County Superior Court, which is scheduled to open in March. In addition to meeting the criteria for LEED certification, including site development, water savings, energy efficiency, materials selection and indoor environmental quality, TradeCenter 128 has dozens of features including: efficient HVAC and lighting systems, high-performance glass, water-saving fixtures, rainwater storage, and building recycling programs. According to design manager James Trudeau, TradeCenter 128 received further LEED recognition for features that are of particular benefit to the local community. These benefits include a site design that reduced environmental impact, public transportation directly to the site, preferred parking for low emission vehicles and onsite recycling programs.
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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
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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.
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.
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.
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