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.