News: Owners Developers & Managers

Yacobian of Cummings Props. leases 6,000 s/f to The Klub House

The Klub House has opened up a 6,000 s/f facility at 90 Cummings Park. The Klub House is an indoor playground. Their is an indoor rubber track in cars, two art rooms and an activity-based space, a 100 foot loop of riding track, a two-story pirate ship with a super slide, a rock climbing wall and the necessary Captain's wheel is crawling with kids. A two-story castle with slides and another rock wall is popular with the crowd. A separate toddler room for infants through two-years-old helps keep the peace. Two inflatable bouncies and a glam room that can host 17 childre each at their own station with decorated mirrors and hot pink chairs that go up and down. The Klub House also hosts birthday parties with the ability to rent out the entire facility. Rob Yacobian, leasing director at Cummings Properties represented the landlord in the lease transactions while The Klub House was represented by Brad Spencer of Grubb & Ellis. 90 Cummings Park is leased and managed by Cummings Properties. The firm manages nearly 10 million s/f of commercial real estate in 10 the greater Boston area.
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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
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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.
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
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.