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Principal
Michael Grill founded Fairlane Properties
in 1997 to purchase and actively manage commercial real estate
in the Greater Boston area. Fairlane has consistently provided individuals
and corporations with superior returns on their investments.
Mr. Grill’s unique and wide-ranging skill set includes hands-on
entrepreneurial experience in acquisitions and sales, leasing, asset
management, construction management, property management, equity and
debt financing and government relations which has enabled him to complete
over 100 sale transactions since 1980.
As President of Fairlane, Mr. Grill raised $12.5 million in equity
and purchased six properties totaling over 385,000 square feet with
an initial sales price of over $34 million. He arranged debt financing
for over $43 million, negotiated over 135 leases and managed capital
and tenant improvements totaling over $8 million.
From 2003 to 2006, with Fairlane Properties acting as asset manager
for BlakelyStern Investment Advisors, LLC of New York City, Mr. Grill
supervised the property management, construction management, lease
negotiation, reporting and budgeting oversight for approximately 500,000
square feet with over 70 tenants in 9 retail, office, flex and industrial
properties in Maryland, Connecticut and Massachusetts.
From 1990 to 1996 at Fallon Hines & O’Connor, Mr. Grill
brokered the sale of 40 office, retail, R&D, industrial and multi-family
properties totaling over 3.1 million square feet, almost exclusively
in Greater Boston, with total consideration in excess of $230 million.
Clients included Archon Group, Barclays Bank PLC, Campanelli Companies,
The Hamilton Company, MetLife, MGI Properties, Oxfam America, and
The Travelers Realty Investment Company.
Prior to 1990 at Northland and Claremont, he was responsible for the
acquisition of 28 office, retail, R&D and industrial properties
in five New England states, totaling almost one million square feet
of existing buildings, 400,000 square feet of rehabilitated properties
and new construction as well as over two million square feet of planned
development. Additionally, he served as a financial/legal consultant
to the Boston Redevelopment Authority.
A graduate of SUNY at Albany, Mr. Grill has a city planning degree
from Harvard University and a law degree from Boston University. He
has served as President of the Massachusetts Chapter of NAIOP (National
Association of Office and Industrial Properties), Chairman of Jewish
Vocational Service, Inc. and board member of Combined Jewish Philanthropies.
Mr. Grill is a Massachusetts-licensed real estate broker and a member
of the Massachusetts Bar. He lives in Newton, MA with his wife and
two children. |
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