Cummings Properties Media Release - March 2, 2009

 

Tudor Risk opens corporate office at TradeCenter 128
Cummings Properties Media Release

Woburn, MA - Seizing opportunity in these recessionary times, Tudor Risk Services, LLC, a boutique insurance brokerage firm, has leased 7,000 square feet of office space at Cummings Properties' TradeCenter 128 as part of its rapid growth strategy.

Tudor Risk Services was founded earlier this year with dual corporate offices in Boston and Albany, New York. The newly formed insurance brokerage firm offers a boutique approach to address its clients' property and casualty, employee benefits, executive and personal, and risk management needs.

Peter Lennon, President at Tudor Risk Services commented, "We found this building to be the best in the area to help spur our growth. Not only will the location allow us to hire additional employees to meet the demands of our insurance brokerage firm, but it will allow us to build on our reputation of being a one-of-a-kind, innovative and eco-friendly company."

"We are delighted to have assisted Tudor Risk Services in finding the perfect location for its growth strategy," said Derek Cook, leasing director at Cummings Properties who represented it in the leasing transaction. "TradeCenter 128 offers the perfect mix of affordability, accessibility and visibility, along with energy-efficient LEED Gold design in a truly first-class building."

The new landmark TradeCenter 128 is a high profile 400,000 square foot office complex fronting Route 128/Interstate 95, about one mile from Interstate 93 and only 11 miles from downtown Boston. In addition to a 900-car covered parking garage, the many on-site amenities include daycare, dining, banking, lobby shop, public transportation, and adjacent shopping and hotel options.

With 40 years of experience in commercial real estate, Woburn-based developer Cummings Properties has earned a solid reputation for operations and service excellence. It leases and manages nearly 10 million square feet of prime commercial space in 10 communities surrounding Boston.