|

|
The General Investment & Development Companies are privately held, vertically-integrated,
diversified real estate operating companies based in Boston, MA. We have more than
45 years of experience in developing, acquiring and managing apartment communities,
suburban office properties and flex industrial business parks. In our 20 years of
flex industrial park development and management experience, we have demonstrated
our commitment to providing our tenants a quality product at an exceptional value.
We are also dedicated to a high level of service and have on-site management and
maintenance teams at many of our parks.
|
|
|
|
|

Richard G. Sullivan, Vice President, Industrial Flex Group, currently
provides asset management services for the Industrial Flex portfolio consisting
of 3.6 million square feet in 9 markets. He is responsible for leasing activities,
dispositions and directing property management for the portfolio.
Mr. Sullivan has 15 years of experience in commercial real estate and joined GID
in March 1999 as an Asset Management Analyst covering flex/industrial and multifamily
properties throughout the eastern U.S. During his tenure at GID, he has been principally
involved in the disposition of 34 properties selling for more than $1.1 billion.
Prior to joining GID, Mr. Sullivan was an Assistant Vice President and Analyst for
Paine Webber Properties where he was involved in asset management, refinancings,
leasing and dispositions of 9 partnerships comprised of 26 properties. Mr. Sullivan
holds a Bachelor of Arts degree from the University of Connecticut and completed
his M.B.A. at Wake Forest University.
Gary T. Kroll is Vice President – Flex/Industrial Acquisitions
for GID and is responsible for the acquisition of flex/industrial properties in
the Eastern United States (including Texas). His duties include selection, due diligence,
financial evaluation, structuring, negotiation and closing of these transactions.
Mr. Kroll joined GID in September of 2000 as an Acquisitions Analyst and has been
involved in transactions totaling over $330 million in that time.
Prior to joining GID, he worked for AEW Capital Management as an Acquisitions Assistant
Vice President and also was responsible for asset management duties on two industrial
portfolios on behalf of institutional clients.
Mr. Kroll is a member of NAIOP’s Investment Management National Forum Group. He
earned his MBA from Suffolk University in Boston in 1994 and his BA from Saint Anselm
College in 1991.
Mitchell K. Adams is the Vice President of Development for GID
and the Project Manager of Southport Business Park in Morrisville, NC and Windsor
Business Park in Richmond, VA. Mr. Adams joined GID in 1984. He has developed, constructed,
and managed 27 flex and office buildings containing over 1,600,000 square feet.
Twenty of those buildings, with approximately 1,100,000 square feet, are completed
and occupied while the balance remains in various stages of development. He earned
a Bachelor of Science from West Point in 1970 and a JD from Monterey School of Law
in 1983.
Robert T. Karp, Senior Vice President, Flex Industrial Investments,
leads the company’s expanding venture into the flex industrial market. As such,
Mr. Karp is responsible for the acquisition and development of flex product in selected
target markets, and the asset management of that product. The group currently controls
approximately $400 million of assets and is acquiring and developing flex properties
for a $500 million fund GID recently formed with several large domestic pension
funds.
Prior to joining GID in 1973, Mr. Karp’s experience included Regional Manager for
Development Corporation of America in New York City and Assistant Director of the
Cambridge Redevelopment Authority. He received a BA from Harvard College in 1961
and an MPA in Public Affairs from the University of Pittsburgh in 1964. Mr. Karp
is the current Chairman of NAIOP’s National Business Parks Forum and a full member
of the Urban Land Institute. He served in the Department of Defense Task Force on
Military Housing in 1997. Mr. Karp has also been a member of the Massachusetts Governor’s
Task Force on
Low-Income
Housing and a lecturer for the Boston Architectural Center.
|