WOBURN, Mass. (January 25, 2022) – A former Amgen pharmaceutical manufacturing facility in Woburn is among the 15 real estate properties newly selected for the MassEcon “ReadyMass 100” list. This list is the premier inventory of Massachusetts commercial properties that can meet significant square footage needs of users, according to MassEcon.
Located at 34 Commerce Way and managed by Cummings Properties, the 60,000-square-foot stand-alone building was approved by MassEcon’s ReadyMass 100 Evaluation Committee, made up of a team of real estate experts and MassEcon’s state partners.
“High-quality commercial spaces are in high demand, especially those available for advanced manufacturing uses,” stated Pete Abair, executive director of MassEcon. “We hope that companies looking to relocate or expand will turn to Massachusetts first to take advantage of the skilled workforce and vibrant ecosystem.”
Features that make the 34 Commerce Way facility suitable for advanced manufacturing include:
- Lab, clean room, office, shipping and receiving with loading docks, and maintenance/inventory areas
- ISO 5, ISO 7, and ISO 8 zones with CNC support areas
- Maintenance catwalk system above manufacturing area
- State-of-the-art building management system for laboratory/manufacturing areas
- Purified water system, pure steam generator, and water for injection system
- CO2 gas distribution system
- Back-up generator
34 Commerce Way is conveniently located at the junction of I-95 (Route 128) and I-93, with access to MBTA bus and commuter rail service, a major benefit for the city’s significant business population. The neighborhood boasts many amenities, such as restaurants, hotels, and retail shops. It is also home to a growing cluster of life sciences and tech companies, including Abpro Corporation, Azurity, Batavia Biosciences, Continuus Pharmaceuticals, and Saliogen Therapeutics.
ReadyMass 100 Promotes Business Growth in Massachusetts
The ReadyMass 100 initiative promotes expansion opportunities, with the goal of retaining growing companies in Massachusetts. It communicates to both in-state and out-of-state employers that Massachusetts has a ready inventory of properties to meet the needs of businesses of all sizes and across all industry sectors. MassEcon developed the initiative as part of a collaboration with the Commonwealth, regional economic development groups, and the real estate community.
“The ReadyMass 100 portfolio is an A+ real estate inventory of properties in Massachusetts we can market to prospects outside our state borders,” said Doug Kehlhem, MassEcon senior director in charge of ReadyMass 100.
MassEcon’s list is updated twice a year. The 15 new properties (14 buildings and one land site) added this month span all regions in Massachusetts and total nearly 3.5 million square feet and more than 5 acres.
Each of the properties will be showcased in a virtual event hosted by MassEcon on February 18. Cummings’ senior leasing director Robert Yacobian will present the 34 Commerce Way facility.
About MassEcon
MassEcon’s mission is to promote and champion Massachusetts as the best place to start, grow, and locate a business. Built upon a robust network of corporate and civic members, MassEcon (www.massecon.com) convenes public and private sector leaders of industry to create an inclusive business ecosystem that enhances job growth across a diverse talent pool; promotes investment in all communities; and expands equitable opportunities throughout the Commonwealth.
About Cummings Properties
Cummings Properties’ 11 million square feet of commercial real estate accommodates labs and clean rooms, offices, healthcare facilities, restaurants, retail storefronts, warehouses, satellite offices, executive suites, and more. With a portfolio of this size and variety, the firm can meet almost any commercial real estate need from 150 square feet to 300,000 square feet. Its in-house experts in design, construction, and property management offer “one-stop shopping” for the business community. More information is available at www.cummings.com.