Diamond of Cummings Properties leases 15,500 s/f to Type One Energy

March 29, 2024 - Front Section

Woburn, MA Type One Energy Group scaled up its greater Boston operation with a 15,500 s/f space at 299 Washington St., a building in Cummings Properties’ science and technology cluster. The cleantech firm had outgrown its previous facility, on Tyler St. in Somerville.

Founded in Wisconsin in 2019, Type One Energy Group aims to replace traditional sources of power with cleaner, more sustainable fusion-generated energy. It also has locations in Tennessee and Vancouver, BC.

Cummings Properties business development director Al Diamond worked directly with Type One Energy Group on the lease, which included a deadline-driven custom buildout of the office, manufacturing, and R&D facility.

“Our reputation for meeting specialized requirements on a tight timeline was a big draw for Type One Energy Group,” said Diamond. “Working closely with the client, our in-house design/build teams efficiently created an ideal hub for the firm’s growing Massachusetts presence.”

According to Diamond, Woburn’s central location was also appealing to leadership at Type One Energy Group.“This is a bright, young company that’s poised for major growth,” said Diamond. “Locating just a few quick minutes from Boston and Cambridge provides the client a direct pipeline to the region’s strong science-oriented talent pool.”

Among Type One Energy Group’s new neighbors are Agrivida, Alsym Energy, Paradigm Energy Services, Phoenix Tailings, SES, and numerous other cleantech and energy firms.

The Washington S. technology cluster is located at the intersection of I-93 and I-95, within walking distance of numerous cafés and restaurants as well as the nearby Woburn Landing lifestyle center.

Cummings Properties’ 11 million s/f of commercial real estate accommodates labs and clean rooms, offices, health care facilities, restaurants, retail storefronts, warehouses, satellite offices, executive suites, and more. With a portfolio of this size and variety, the firm can meet virtually any commercial real estate need. Its in-house experts in design, construction, and property management offer “one-stop shopping” for the business community.

Type One Energy Group is mission driven to provide sustainable, affordable fusion power to the world. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy. 



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