News: Owners Developers & Managers

Russell of Cummings Properties promoted to operations manager

Derek Russell has been promoted to operations manager at Cummings Properties. Russell is a nine-year veteran of the suburban commercial real estate firm. In his new role, Russell will be responsible for managing all client activities in Cummings Properties' Core Division, which represents more than 2 million s/f of prime commercial space, as well as nearly 575 client firms, all within the city. His primary focus will be client retention and business development, but he will also have managerial responsibilities for the five leasing/property managers on his team. Born and raised in Hyde Park, New York, Russell moved to the Boston area to attend Bentley College. After graduating in 1994 with a BS in Business Communications, he worked in internet technology sales for a small agency. Russell joined Woburn-based Cummings Properties in 2003 as a property manager, and his scope of responsibilities has steadily increased over time with managerial roles at several Cummings buildings. Most recently, Russell managed one of the firm's highly visible, flagship properties, TradeCenter 128 in Woburn. Russell said, "Cummings Properties has been a fantastic place to grow and learn. I'm excited for this new role that will allow me to further develop my management skills." Cummings Properties is a full-service development, property management, and construction firm with 83 buildings in 10 eastern Massachusetts communities. It leases prime commercial space for offices, medical practices, and research laboratories to more than 2,000 clients of all sizes.
MORE FROM Owners Developers & Managers

Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season