cummings center

What cummings center does

Cummings Center is a 2 million square foot mixed-use commercial business campus in Beverly, Massachusetts, operated by Cummings Properties as the flagship asset within an 11 million SF portfolio spanning 12 north suburban Boston communities. The campus offers Class A office, laboratory, medical, flex/warehouse, retail, and R&D space under full-service leases that bundle landscaping, snow removal, utilities, maintenance, building insurance, and base-year real estate taxes into a single rate. It houses approximately 600 tenant businesses across buildings numbered 100, 200, 500, 600, 800, 900, and 950 Cummings Center, with an on-site ecosystem of amenities including a post office, banks, health clubs, daycare, restaurants, and over 100 health care professionals.

The adjacent 54-acre Dunham Ridge science and innovation campus fronts Route 128 and provides turnkey lab suites (1,000–10,000 SF), incubator labs, wet labs, clean rooms, and high-bay flex space targeting biotech and advanced manufacturing tenants. The platform is powered by fully integrated in-house capabilities across leasing, property management, architecture and design (a 15-person Design Department led by Chief Design Officer Jim Trudeau), construction, and financing, supported by a 360-person field operations staff and 600+ employees company-wide.

Revenue is generated through recurring full-service lease payments from a horizontally diversified tenant base across enterprise (Merrill Lynch, M&T Bank, Qiagen, Sensitech, New England Biolabs), mid-market (Harmonic Drive, ProVA, North Shore Innoventures), and SMB (Regina Pizzeria, North Shore Pediatric Dental) customers. Go-to-market is direct via in-house leasing advisors supplemented by broker relationships and a $1/SF client referral program. The company was founded in 1970 by Bill Cummings and is led by Chairman & CEO Dennis A. Clarke and President Eric S. Anderson. Profits flow to the Cummings Foundation under an 'All Profits to Nonprofits' philosophy, with the foundation having contributed over $250 million to Massachusetts nonprofits since 1997.

Name

cummings center

Legal name

Cummings Properties

Website

https://cummingscenter.com

Company type

Private

Founded year

1970

Operating status

Operating

Short description

Cummings Center is a 2 million square foot mixed-use commercial campus in Beverly, MA, operated by Cummings Properties. It leases Class A office, lab, medical, flex, and retail space on full-service terms to roughly 600 businesses, and is part of an 11 million SF portfolio across 12 north suburban Boston communities.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Leasing

NAICS

Rental and Leasing Services (532)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Property Management Advisory & Leasing Administration (FSAEAJAN), Life Sciences/Lab Tenant Representation (BPAJALAG)

Keywords

• Commercial real estate leasing
• Office space rental
• Laboratory space leasing
• Medical office space
• Flex warehouse space

Headquarters

HQ city

Beverly

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Commercial Real Estate Leasing: Cummings Center generates revenue through leasing office, lab, warehouse, retail, and R&D space to businesses at low full-service lease rates. Properties offer Class A office, medical, and research space.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Cummings Center, operated by Cummings Properties, is a 2 million square foot mixed-use business campus in Beverly, MA that leases first-class office, laboratory, warehouse, retail, and research and development space at full-service lease rates. The campus includes seven buildings (100, 200, 500, 600, 800, 900, 950 Cummings Center), is home to nearly 600 tenant businesses, and offers fully integrated leasing, property management, design, construction, and financing services as part of an 11 million square foot portfolio across 12 north suburban Boston communities.

Product overview

Cummings Properties operates Cummings Center as a comprehensive commercial real estate portfolio offering diverse space types across multiple properties in communities north of Boston. The portfolio includes two main campuses: Cummings Center (2 million SF mixed-use business park in Beverly) and Dunham Ridge (54-acre science and innovation campus). Space types offered include Office Space, Lab Space, Medical Space, Flex Space, and Retail Space. Additional offerings include Cummings Executive Suites (virtual to full office solutions), residential condominiums (Beverly Landing and Elliott Landing), and client services such as a referral program and Cummings Community Giving philanthropy initiative. The company provides fully integrated leasing, property management, design, construction, and financing services.

Differentiator

Problem solved

Functional benefit

Products and services

• Cummings Center A 2 million-square-foot mixed-use business campus in Beverly, MA offering first-class office, lab, warehouse, retail, and research and development space at full-service lease rates. The campus includes multiple buildings (100, 200, 500, 600, 800, 900, 950 Cummings Center) and houses approximately 600 businesses.
• Dunham Ridge A 54-acre science and innovation campus in Beverly, MA directly fronting Route 128, featuring office, lab, and R&D spaces. Includes buildings 40, 43-44, 48, 50, and 51 Dunham Ridge, with amenities such as a fitness room, walking trails, EV charging, and solar power systems.
• Office Space Leasing Class A office space for lease across the Cummings Properties portfolio in multiple suburban communities north of Boston, including Beverly, Woburn, Andover, Burlington, and others.
• Lab Space Leasing Research, life sciences, and high-tech lab facilities including turnkey lab suites from 1,000 SF to 10,000 SF, incubator labs, wet labs, and clean rooms at Cummings Center and Dunham Ridge campuses.
• Medical Office Space Leasing Medical office suites for healthcare providers including physicians, surgeons, dentists, psychologists, social workers, and counseling professionals, with spaces ranging from 1,500 SF and up.
• Flex Space Leasing Warehouse, distribution, light manufacturing, showroom, and fitness space available within the Cummings portfolio, including high-bay flex facilities with features such as drive-in facilities and multiple direct exterior entries.
• Retail Space Leasing Retail spaces suitable for sales, food service, haircare, or fitness uses, including prominent retail bank locations and restaurant spaces at Cummings Center.
• Cummings Executive Suites Flexible office solutions ranging from virtual office services to spacious office suites that adapt to accommodate business growth, located in Beverly, MA.
• Beverly Landing Condominiums Luxury condominiums under development at Cummings Center, offering 60 upscale residential units including large two-bedroom homes across five floors, part of the residential addition to the Cummings Center business and lifestyle campus.
• Elliott Landing Condominiums Luxury condominiums developed by Cummings Properties, offering high-end residential units within the Beverly area.

Quantifiable outcome

• Beverly homes received 4.6x more listing views than the national average with properties selling in 16 days vs. 50+ national average
• +1 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Boston Properties: One of the largest publicly-traded developers and owners of Class A office properties in Greater Boston. Most direct peer given overlapping Metro Boston geography, Class A office focus, and full-service leasing model targeting enterprise tenants.
• Alexandria Real Estate Equities: REIT focused on collaborative life sciences and lab-enabled campuses. Directly comparable to Dunham Ridge given turnkey lab suites, biotech tenant base, and BioReady-style positioning in Cambridge/Boston.
• BioMed Realty: Owner and operator of life sciences and lab-enabled real estate in key innovation clusters including Greater Boston. Closely comparable to Dunham Ridge's biotech/lab leasing model and tenant profile.

Regional players

• King Street Properties: Boston-area life sciences and lab real estate developer. Highly comparable to Dunham Ridge in product type and geography, though smaller scale and single-segment focus.
• National Development: Massachusetts-based mixed-use real estate developer with office, lab, and multifamily projects. Comparable to Cummings for suburban Boston commercial development and integrated leasing.
• Dexterity Capital / The Gutierrez Company: Massachusetts-based owner and developer of suburban commercial real estate including flex and office. Comparable to Cummings for suburban Boston flex/office portfolio and tenant base.

Broad incumbents

• Highwoods Properties: Public REIT focused on Class A office and industrial properties in select Sun Belt and Mid-Atlantic markets. Comparable for suburban office leasing model and tenant mix, though geographically outside Boston.
• Cousins Properties: Sun Belt-focused public REIT owning Class A office towers in high-growth metros. Comparable in Class A office landlord model and integrated leasing operations, though no Boston overlap.

Emerging players

• Heritage Properties: New England-based commercial real estate investor and operator focused on suburban office and life sciences assets. Comparable to Cummings' suburban Boston portfolio strategy and life sciences repositioning.

Others

• CBRE Group: Global commercial real estate services firm providing brokerage, property management, and investment advisory. Comparable as a counterpart in commercial leasing services even though not a property owner; useful for understanding market positioning and competitive dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CummingsCenter
• LinkedInlinkedin.com/company/cummings-properties
• Instagraminstagram.com/cummingsproperties

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about cummings center