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Leasing Picking Up at TradeCenter 128

WOBURN, MA-Developer Cummings Properties snags deals in excess of 20,000 sf in the past two weeks at its 550,000-sf spec office project.

By Joe Clements | Updated on February 25, 2008

WOBURN, MA-As one of suburban Boston’s largest speculative office projects ever, TradeCenter 128 is going to require plenty of tenants to fill the 550,000 sf being constructed along the Route 128/Interstate 95 corridor, but developers of the ambitious plan report brisk activity as the first building prepares to open next month.

“There is a lot of momentum right now,” Cummings Properties VP Eric Anderson tells GlobeSt.com, with more than 20,000 sf of space leased in just the past two weeks. Besides BCD Travel USA and a retail bank branch that will operate at the park, Cummings has landed the law firm of Cohn & Dussi, which will relocate this summer from abutting Burlington. Legal enterprises are being attracted to the property partly by a five-year lease to the Middlesex County Superior Court, which will relocate in March into a 150,000-sf structure. “It’s certainly going to be a draw for that type of use,” says Anderson.

Cohn & Dussi broker Robert Kinlin of CB Richard Ellis agrees the courthouse was one of several factors swaying his client to take nearly 6,000 sf at TradeCenter 128. “They see it as a real plus,” he says. The law firm was also enthused by the product being delivered, says Kinlin, favoring the new construction and space that features abundant natural light. There are also plenty of amenities at TradeCenter 128 and the surrounding area to accommodate Cohn & Dussi’s staff, he adds.

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