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Cummings Properties
Media Release - February 2, 2009
Concentra
Health extends lease with Cummings Properties
Cummings
Properties Media Release
Wilmington, MA - With
317 medical centers and 258 workplace clinics in 40 states, Concentra
Health Services, Inc., a national health services provider, knows a great
location when it has one. Concentra recently renewed its 7,500 square
foot lease at 50 Concord Street in Wilmington, Massachusetts with Cummings
Properties.
According to company
officials, Concentra, based in Addison, Texas, provides occupational health
services to municipalities and workplaces. The company offers pre-employment
services, including physical examinations and substance abuse and monitoring
services; and injury care services, such as primary injury care, physical
therapy, pharmacy services and urgent care.
Concentra reportedly
looked at other spaces, but decided to stay at its location for the affordable
price as well as the stability of the nearly 40-year-old commercial real
estate firm they have leased from for the last nine years. Searcy Ferguson
of CBRE, a national brokerage firm, represented Concentra in the search
for space and lease negotiations, while Steve Costa, a leasing/property
manager, represented Cummings Properties.
Costa pointed out
that there are numerous medical facilities in the four-building complex
at 50 Concord Street including a branch of the Lahey Clinic. Costa also
noted that the location, directly off Interstate 93 near the Shriner's
Auditorium, is fifteen miles north of Boston. Numerous restaurants and
retail stores are located within minutes of the building just over the
North Reading/Wilmington line.
Cummings Properties,
a Woburn-based commercial real estate company, leases and manages six
buildings in Wilmington, which make up just a portion of its nearly ten
million square feet of prime commercial space in ten communities around
Boston.
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