Beverly, MA – Demonstrating confidence in suburban growth, Northeast developer Cummings Properties continues its expansion at Dunham Ridge. The firm is now developing a major new 700,000sf science and lab cluster fronting on Route 128 at exit 19 in Beverly.
With two new buildings totaling 204,000sf already under construction, the growing business and technology campus will offer of brand new class A facilities, including high-bay suites.
TechCenter at Dunham Ridge is one of two new buildings under construction. Located at 51 Dunham Ridge, this lab-ready facility, anticipated for January 2021, will provide 155,000sf of Class A space. An attached 215-car parking garage is already complete.
The new Dunham Ridge development aims to satisfy a market demand for high-bay flex space, according to Clarke. A fully permitted 50,000sf structure is currently under construction. Currently 35% pre-leased, 43-44 Dunham Ridge is also scheduled for January 2021 occupancy.
A remaining four-acre site directly fronting Route 128, 40 Dunham Ridge, is being actively marketed for sale.