Malden, MA Combined Properties has completed the lease of 20,000 s/f of first-class industrial space at 378 Commercial St. to Cubic Transportation Systems (CTS), a business division of Cubic Corp. CTS is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. It is headquartered in San Diego, with offices in Europe, India, Australia and North America.

 

 

CTS in partnership with John Laing was selected by the Massachusetts Bay Transportation Authority (MBTA) as the project leaders to design, build, operate and maintain a next-generation fare payment system to replace the Charlie Card. 

“There’s a scarcity of first-class industrial space in Boston’s inner belt, so properties like 378 Commercial St. in Malden are in high demand,” said Greg Regazzini, senior vice president and director of leasing for Combined Properties. “We continue to be a go-to source for first-class industrial space in the area.” 

Scott Gredler, a senior director at Cushman & Wakefield’s Boston office represented CTS. Regazzini represented the landlord.