News: Front Section
Posted: April 21, 2010
Michael Rauseo, founder of Rauseo & Co.- 71
Michael Rauseo died April 1. He was 71. Rauseo was one of New England's leading real estate brokers for over 40 years, specializing in industrial real estate. He developed premier commercial properties on the North Shore.
In 1955, he graduated from Chauncy Hall Preparatory School of Boston. In 1960, he received a BS in Industrial Engineering from Northeastern University. Rauseo received his MBA from Stanford University in 1962.
After working at Hunneman Corp. between 1971 and 1973, he founded Rauseo & Co., Inc., a real estate brokerage firm which grew to include a team of 15 brokers specializing in the sale and leasing of industrial real estate in the New England area. Rauseo was personally responsible for some of the largest transactions in the Greater Boston area, including facilities for Monsanto, ITT, Gillette, US Steel, Wang Labs, AVCO, Leggett & Platt, General Motors, Gulf + Western Industries, Bell Telephone, New England Nuclear, and Massport.
Rauseo was a long time member of the Greater Boston Real Estate Board, Building Owners and Managers Association, and was president of the Lynnfield Rotary Club.
In the 1980s he developed office and commercial properties on the North Shore including the Lynnfield Office Park, a retail complex at 151 Andover St., Rte. 114, Danvers; and suburban office buildings at 2 Electronics Ave. and 235 Newbury St. in Danvers.
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