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Cummings Properties history
Cummings Properties company history timeline
Bill is best known in the real estate community as the founder of Cummings Properties, the suburban-Boston firm he established 50 years ago, in 1970.
Beginning in 1970, Bill Cummings had a vision for creating places where businesses could grow and prosper, and for supporting the organizations that contribute to a vibrant community.
Shortly after in 1970, Bill sold Old Medford Foods to focus on commercial real estate, and Cummings Properties was born.
To that end, he and his wife, Joyce, established Cummings Foundation in 1986 and began donating about 10% of Cummings Properties’ income to it each year.
One of the earliest major gifts was $100,000 to Boys Club of Woburn in 1986.
Rebuilding The Shoe - 1990's "The Shoe was, and is, the single most important and generally unrecognized, concrete landmark in this country." —Pulitzer Prize-winning architecture critic Ada Louise Huxtable
In 1995, the once-proud, but then almost defunct, site of United Shoe Machinery Corp.caught the eye of Bill and his team.
In 1996, Cummings Properties purchased the 2 million-square-foot former headquarters of United Shoe Machinery Corporation in Beverly.
In 2004, Dennis Clarke is named president and CEO of Cummings Properties.
In 2010, TradeCenter 128 is named Real Estate Project of the Year by Boston/SF News.
They did this, in 2011, by becoming members of the Giving Pledge, an organization founded by Warren Buffett and Bill and Melinda Gates to encourage the world’s wealthiest people to commit to give at least half of their wealth to charitable causes.
Starting with 12 offices, it expanded by 2012 to more than 240 offices across three Cummings locations.
The year 2012 brought the acquisition of 50 Dunham Road, Beverly, a site that was formerly home to Parker Brothers and that Cummings has been developing into a substantial business campus, Dunham Ridge.
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Cummings Properties competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Breeden Company | 1961 | $1.1M | 15 | 11 |
| The Morgan Group, Inc. | 1959 | - | 376 | 26 |
| Mericle Commercial Real Estate Services | 1985 | $4.1M | 100 | 19 |
| Reybold Group | - | - | - | 11 |
| Contractors Choice Inc. Tools and Equipment | - | $1.5M | 30 | 1 |
| Don Peterson & Associates | 1956 | $2.5M | 30 | - |
Cummings Properties history FAQs
Zippia gives an in-depth look into the details of Cummings Properties, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cummings Properties. The employee data is based on information from people who have self-reported their past or current employments at Cummings Properties. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cummings Properties. The data presented on this page does not represent the view of Cummings Properties and its employees or that of Zippia.
Cummings Properties may also be known as or be related to Cummings Properties and Cummings Properties, LLC.