Our History

The Grossman family has New England roots dating back more than 100 years, when the family patriarch, Louis Grossman, immigrated to the United States from Podeski, Russia in 1890. Once in the US, he started a salvage business that eventually turned into the lumber and building materials business known as Grossman Lumber, which was for many years the largest distributor of its kind in the Eastern United States. At its peak, Grossman Lumber had 87 retail lumber branches located in New England and New York, and was managed by 10 Grossman family members. When Grossman Lumber was sold to Evans Products in 1969, the family retained the real estate and over the years has opportunistically re-developed or sold (often via tax-deferred exchange) a number of these core holdings.

In 1980, Morton and his son, Louis, bought out the other 83 family members and launched The Grossman Companies, Inc., a real estate management, investment, and development company. Although the Company also has real estate holdings in Canada, Georgia, and Virginia, its primary geographic focus is New England, where it owns an approximate two million square foot portfolio diversified across the major property types. In addition to its owned real estate portfolio and as a result of its history in the lumber business, First Boston Capital Partners, an affiliate of The Grossman Companies, Inc., is an active private lender to local commercial/residential real estate owners and developers. In 2009, David Grossman (Louis’ son and fifth-generation in the family business) joined The Grossman Companies Inc.

The success of The Grossman Companies is directly attributable to the hard work, high standards, energy, and enthusiasm of its people. The core staff is based in the company's headquarters in Quincy, Massachusetts. To learn more about the Company’s Team Leaders, click here.