President
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.
mgrill@fairlaneproperties.com
LinkedIn Profile
Principal
Hillary Brown
focuses on leasing, brokerage, and asset management at
Fairlane Properties. With her positions at regional, national
and international companies as well as municipal and not-for-profit
board experience since 1985, Ms. Brown brings a wide-ranging
skill set in commercial real estate to Fairlane.
In her role at Beacon
Properties, Ms. Brown served as an Asset Manager for a 22 million
square foot portfolio. She
completed portfolio-wide projects such as hold/sell and development
analyses, joint venture valuations, income maximization forecasts
and directed the portfolio-wide leasing budget process. As
Director of Leasing, she represented Beacon in new leases and renewals
at Russia Wharf and Two Oliver Street, office and retail properties
totaling 533,000 square feet in downtown Boston. She leased
276,000 square feet in 70 transactions and performed leasing-related
due diligence work for prospective acquisitions.
Prior to her work at
Beacon, Ms. Brown was a Senior Asset Manager at Metropolitan
Life Real Estate Investments. She
managed all strategic decisions, valuations, leasing, management,
acquisitions and sales for Metropolitan Corporate Center and Applebriar
Apartments in Marlborough and Northborough, MA. Properties
included 615,000 square feet of office/R&D buildings, 164 apartments
and 900 acres of undeveloped land all valued at over $75 million. She
negotiated and executed leases totaling 400,000 square feet at
Metropolitan Corporate Center. She restructured leases for struggling
tenants, received real estate tax abatements, resolved creditors’ claims
to a bankrupt tenant’s assets, and thwarted city eminent
domain efforts by providing easements to abutters of Metropolitan
Corporate Center.
Ms. Brown worked as an
urban planner at Vanasse Hangen Brustlin (VHB), writing environmental
impact reports and preparing permits and approvals for major
urban waterfront mixed-use developments. At Chestertons USA in
New York, Ms. Brown was an acquisitions assistant and asset manager. She worked on maximizing
the operating performance of the Church of England’s 12 office
and industrial properties nationwide worth $150 million and totaling
two million square feet.
Ms. Brown earned a Bachelor
of Arts degree in English and Economics at Barnard College, Columbia
University. She
serves on the City of Newton Zoning Board of Appeals and
has been a member of New England Women in Real Estate since 1987. She
was a member of The Winsor School Board of Trustees in Boston from
1993-1999 and is currently a corporator at the School. She
also serves on the Board of Trustees of Temple Shalom of Newton.
Ms. Brown is a Massachusetts-licensed real estate salesperson.
hbrown@fairlaneproperties.com
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