RevereCRE
Sign In
MG
******
@fairlaneproperties.com

Michael Grill

Fairlane Properties, Inc.

President

Job Functions: Executive, Acquisitions & Dispositions, Asset Management

Bio

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 approximately $25 million in equity and purchased ten properties totaling over 945,000 square feet with an initial sales price of approximately $86 million. He has arranged debt financing for over $66 million, negotiated over 150 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.

Areas of Interest

Deal Type
Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation