News: Owners Developers & Managers

Combined Properties extends UPS
24,550 s/f lease at 378 Commercial St.

Malden, MA According to Combined Properties, Inc., the United Parcel Service (UPS) has renewed its 24,550 s/f lease at 378 Commercial St., a 114,920 s/f industrial building.

Founded in 1907, UPS is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide.

“Twenty-six years ago, UPS selected 378 Commercial St. to facilitate its supply chain operations in Greater Boston,” said Greg Regazzini, senior vice president, director of leasing of Combined Properties. “This 114,920 s/f industrial complex is strategically located, highly functional and professionally maintained. We are pleased that it continues to serve UPS’ needs.”

Located 10 minutes from downtown Boston and Logan International Airport, this first-in-class industrial asset offers surface parking, tailboard loading, excellent clear height and transit access to Rtes. 28, 16, I-93, the Mass. Pike, and the MBTA Orange Line.

Regazzini represented Combined Properties. UPS was represented internally. 

Combined Properties, Inc. is a full-service real estate investment and development firm specializing in high-quality office, R&D, industrial, retail and luxury apartment communities in the Northeast. Since its founding in 1935, the company has purchased, developed and managed over three million s/f of space. 

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.