News: Owners Developers & Managers

Spencer of Cummings Props. leases 8,000 s/f to Parlance at 400 West

Parlance is relocating its corporate headquarters from Medford to 8,000 s/f at 400 West Cummings Park, under a new, six-year lease. For the last decade, Parlance has leased space from Cummings Properties at 200 Boston Ave., Medford. The locally owned telecommunications company required a significant expansion. "Parlance was searching for a fresh look, affordable rates, convenient amenities and our continued customer service," said Tony Spencer, a Cummings Props.' leasing/property manager, "In fact, all of the construction and design were handled by our in-house services." Spencer represented Cummings Props. Parlance was represented by Joseph Maxwell, chief operating officer at Parlance, and Connie Yuen, chief financial officer. 400 West Cummings Park is a 180,000 s/f office building almost abutting I-93 and 95 (128) off Washington St. It has a Starbucks, FedEx Kinko's and two banks with numerous retail shops, medical facilities and business service firms, as well as MBTA express bus service.
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BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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