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New England
Real Estate Journal - April 29, 2011
Century
Executive Suites to open at Cummings Properties 100 TradeCenter
New England Real Estate Journal
Woburn,
MA Century Executive Suites, a new executive office center, will open
at Cummings Properties' 100 TradeCenter to meet the growing demand for
flexible, small-scale office arrangements. Its first 20 newly finished
offices will be ready for occupancy in mid-May, and will be managed by
Patricia Whelchel, general manager of Century's affiliate, TradeCenter
Executive Suites, located at neighboring 400 TradeCenter.
"Clearly, there
is a demand," said Whelchel. "We're 100% occupied at TradeCenter
Executive Suites, our phones are still ringing, and our existing clients
are expanding." TradeCenter Executive Suites currently serves 93
client firms in its 35,000 s/f location.
Construction is already
underway to create an upscale professional environment. According to construction
superintendent Greg Ahearn of Woburn, hardwood, glass, and granite finishes
will give Century a contemporary look. Its amenities will include a kitchen,
break room, large conference room, and free internet. As the Century offices
will not have the I-95 visibility offered at TradeCenter Executive Suites,
they will be offered at a lower rate.
Bruce Worthington
of LifeHouse Financial Group became Century's first client when he signed
a lease in late March for a 260 s/f, two-person office. Currently a client
of TradeCenter Executive Suites' virtual office program, he said, "I've
had a great experience here. My business is growing quickly and so, when
I heard new full-time offices were becoming available under the same management,
I jumped at the opportunity."
Century Executive
Suites will offer ready-to-use office and conference space for short and
long-term use, as well as a wide array of workplace services, including
telephone answering, mail programs, and full receptionist and administrative
support. Century is expected to house firms that represent a wide spectrum
of business sizes and stages, from start-ups and established small businesses
to large corporations in need of satellite locations.
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