Author: Ashley Caprarella

Approximately 150,000 square feet of office space at Trade Center Park will be leased to Middlesex Superior Court. This is expected to be a temporary location for the Court for three to five years, while the state completely renovates Edward J. Sullivan Courthouse in Cambridge. Any community in any state is typically delighted when presented with the opportunity to host a courthouse or other significant government entity. In addition to the prestige and community pride, a large operating courthouse like this will inject many hundreds of thousands of dollars each year into the local economy. This economic gain will come not only through the creation of new local jobs, but also through significant added revenue for area hotels, restaurants and other local services. One very unusual difference in this situation…

Introduction of Bill CummingsGiven by George Donnelly, Executive Editor, Boston Business Journal Now we will conclude today’s awards with the presentation of the 2014 Visionary Award - honoring an outstanding leader within the real estate community. Bill Cummings created his empire the old-fashioned way: slowly, surely, debt free. Strategic and disciplined. Buy and hold. In Bill's case, buy, build and hold. Given Bill's remarkable 44-year run at Cummings Properties, having amassed near 10 million square feet of space in 10 communities that ring Boston, his track record alone in real estate development and property management would easily earn him this award. But how many people amass considerable wealth, as Bill did, and then devise a thoughtful plan to give it away — all of it — to charity? This was…

WOBURN, June 26, 2013 — One hundred greater Boston nonprofits have been selected to receive grants of $100,000 each through Cummings Foundation's new $100K for 100 program. These charities were chosen from about 301 selected and approved applicants during a competitive review process by the Woburn-based foundation. More than 300 people, including staff and board members from nearly all 100 recipient organizations, gathered at the Foundation's first annual Grantee Reception on June 19 at TradeCenter 128 in Woburn. The elated attendees accepted their official award letters, posed for photos with Foundation representatives, networked with their peers, and celebrated the $10 million infusion of funding into greater Boston's nonprofit sector. All of the selected charities serve local communities, with 50 percent of the grants being awarded in Middlesex County, 30 percent in…

WOBURN, March 8, 2013 – Cummings Properties has announced the pending sale of Beacon Grille to veteran Boston restaurant company The Varano Group. It is expected that the Woburn eatery will become a Strega restaurant by late summer. The Varano Group, owned by well known restaurant entrepreneur Nick Varano (on left with Bill Cummings), operates several highly respected local establishments, including Strega, Strega Waterfront, and Nico Ristorante. The new location at the landmark TradeCenter 128 office park, directly fronting I-95, will be the firm's first suburban property. Cummings Properties opened Beacon Grille in January 2010 as a major amenity for the commercial real estate firm's recently built TradeCenter 128 complex. According to President and CEO Dennis Clarke, Cummings Properties had promised client firms a first-class dining establishment, but was unable to find a restaurant operator willing to take a chance…