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.