News: Front Section

Dawson named director of asset management at The Grossman Companies, Inc.

The Grossman Companies, Inc. is now pursuing new acquisition opportunities. Paul Dawson has been named director of asset management. In the newly-created position, Dawson brings 25 years of experience, combining his unique experience in real estate asset management, development, and architecture/design to help manage and enhance the value of the company's existing portfolio and execute value-added strategies on future acquisitions. Dawson is working closely with the company's acquisitions, brokerage and property management teams as well as third-party brokerage firms. Dawson said, "I am excited to be joining such a well-respected company and hope to help build on that foundation. The Grossman Companies' team consists of top-notch pros led by Louis and his two ambitious sons, David and Jake." David Grossman said, "Thanks to Jake's diligent efforts since joining us twelve months ago, we now have a robust acquisitions pipeline in place. Paul is well qualified to help us implement our value-added strategy as we pursue and execute on these new acquisitions." Jake Grossman said, "Having stayed on the sidelines for much of the economic downturn, we are well-capitalized and positioned to acquire value-added opportunities. We have a robust pipeline driven by the flexibility that our platform provides; we are an owner-operator and can be a short-term or long-term buyer; and we also have a willingness to provide joint-venture equity. Paul complements our team and will help create value through thoughtful analysis and creative problem solving, talents he displayed during his tenure with several highly-regarded firms and organizations." He said The Grossman Cos. expects to buy over 500,000 s/f of commercial property by year-end. Dawson is a Registered Architect in Massachusetts, and is certified by the National Council of Architectural Registration Boards (NCARB).
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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