Century Investment Co. marks banner year

January 02, 2014 - Front Section

Andrew Cohen, Century Investment Co.

Elizabeth Cohen Rappaport, Century Investment Co.

The year 2013 heralded a dozen new tenancies in five of the commercial properties owned and managed by Century Investment Co. and its principal partner, Andrew Cohen. Elizabeth Cohen Rappaport, joining her father as the third generation of the Cohen family leading the 60-year-old company, negotiated four leases at the 1275 Elm St. Professional Building. A single, 1,800 s/f office suite remains available at the fully renovated, once single-user building.
New tenants at the fully renovated Elm St. property in 2013 include Tufts Dental (3,000 s/f), Hale Financial Planning (2,700 s/f) and Service Employees International Union Local 509 (1,850 s/f). In 2012, Cohen Rappaport leased 2,600 s/f in the building to CoWorx Staffing.
Several other new tenants signed leases at other Century properties, including Northgate Professional Center (Freedom Credit Union, 4,400 s/f; Caregiver Homes of Massachusetts, 3,250 s/f; and University of Mass. Extension Program, 2,000 s/f).
The U.S. Veterans Center, a long-term Northgate tenant, moved to 6,000 s/f at 95 Ashley Ave., the 32,000 s/f building to 100% occupancy
Century Park, a four building office complex at Park Ave. and Union St., is also fully occupied, welcoming Affiliated Psychotherapists, Susan Goldman and Kathleen Varner (560 s/f).
Century's retail property, Century Center, gained three new tenants over the past 12 months: Leslie's Pool Supplies (3,500 s/f), Karoun Yoga (1,800 s/f), and Riverside Dental (1,500 s/f). The 285,000 s/f retail center currently offers three availabilities: 2,200 s/f inline, 10,000 s/f end cap with drive-thru, and a new pad site facing Memorial Ave.


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