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Woburn, Massachusetts
Once known as the country’s largest producer of roses, Woburn is conveniently located at the junction of Routes 128 (I-95) and I-93, just 10 miles north of downtown Boston. This pleasant 370-year-old history-rich city, with a population of about 39,000, is bordered by Winchester on the south, Stoneham and Reading on the east, historic Lexington and Burlington on the west, and Wilmington on the north. ValueReasonable home prices and one of the lowest residential property tax rates in Massachusetts allow residents to truly appreciate Woburn’s value. The average median sales price for a single-family home over the last year was an affordable $302,500. The FY2011 residential tax rate is $10.30 per $1,000, and is several dollars lower than the rates of the immediately surrounding communities. Despite having such a remarkably low tax rate, Woburn is known for its excellent school system with a very low student/teacher ratio of just 13.1. Three of Woburn’s public schools have been commended by the state Department of Education for improved MCAS scores, two years in a row. The majority of students in Woburn’s brand new high school continue on to four-year colleges and universities after graduation. HistoryWoburn opened its first truly public library in 1856, but the library’s history actually began more than 200 years ago. Its Romanesque quarters were designed by Henry H. Richardson, who also designed Boston’s Trinity Church. Woburn Public Library is architecturally one of the country’s most significant community libraries. Plans are actively underway for a major addition to this stunning gem of a building. DemographicsOf the estimated one-million-person population within a 10-mile radius of Woburn, 63 percent of those working are reportedly white collar workers; 37 percent have a college education; nearly 64 percent are of working age between 19 and 64, with nearly 26 percent between ages 25 and 39. An estimated 10,174 businesses operate within a five-mile radius, and Woburn also has a far lower unemployment rate than the statewide rate. No doubt about it - Woburn is an ideal location for almost any good clean business. Easy AccessWhy not move your business (or perhaps your family, too) to Woburn, conveniently located at the commercial crossroads of Greater Boston, the junction of route 128 (I-95) and Interstate 93. Woburn offers an easy commute and some of the best commercial leasing deals in New England. Direct MBTA bus and train service to and from downtown Boston (including North Woburn’s new Regional Transportation Center), and a host of hotels, restaurants, shopping centers, and entertainment all combine for a most convenient locale. What a concept: less traffic, lower taxes, excellent schools, and more time at home! There are direct express MBTA buses from Haymarket Square, Boston to 400 West Cummings Park, and another MBTA bus from the Wellington Station, Orange Line to TradeCenter 128, via Winchester Center and Medford Square. A third bus provides service between the Anderson Regional Transportation Center and 400 West Cummings Park.
Commercial Real Estate Brokers In-house commercial real estate brokers at Cummings Properties
work cooperatively with licensed brokers from any state. We buy commercial
property in eastern Massachusetts, including distressed parcels. The 260
regular full-time real estate brokers and other management and service
staff of Cummings Properties currently have a combined total of 2,000
years of service with the firm!
Woburn by the numbers
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Cummings
Properties LLC, 200 West Cummings Park, Woburn, MA 781-935-8000
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