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We’re grateful for another year of disciplined execution and forward momentum at Gray Property Group in 2025. The year marked a transition from groundwork to execution, with meaningful progress across acquisitions, development, asset management, and organizational structure. Across investment, property management, brokerage, and predevelopment, the firm remained focused on long-term value creation and institutional-quality decision-making. […]

Gray Property Group has closed on the acquisition of Phillippi Square Apartments, a 28-unit multifamily property located in Sarasota, Florida. The property was acquired for a net purchase price of $4.85 million, or approximately $173,000 per unit, representing roughly a 13% discount to the seller’s 2022 purchase price. Phillippi Square is located west of the

Gray Property Group has completed an all-equity merger of its property management and maintenance operations with Pierce Property Management, owned and operated by Matt Dennehy and Mary Dennehy. Under the terms of the transaction, Pierce absorbed Gray Property Group’s property management and maintenance assets, including operating accounts, systems, and employees. In exchange, Gray Property Group

Gray Property Group is officially under contract to purchase the 1.16-acre city-owned parcel at 320 10th Avenue W in Downtown Palmetto, Florida, a milestone that makes the broader site assemblage and mixed-use development vision possible. The parcel, currently operated as a municipal parking lot and owned by the City of Palmetto, represents the critical southern

We’re grateful for another year of focused progress at Gray Property Group in 2024. The year was defined by disciplined operations, portfolio stewardship, and a major strategic step into ground-up development. Across investment, property management, brokerage, and predevelopment, the firm concentrated on long-term value creation rather than short-term expansion. Below is a snapshot of key

Congratulations to Nick Gray (age 29) for being named to the New Hampshire Union Leader’s 40 Under Forty List. It is an honor to be recognized amongst a list of such hardworking and talented individuals in the Granite State.  ⁠ Nick Gray is transforming Manchester one building at a time! Through his leadership at Gray

We’re grateful for another great year of growth at Gray Property Group in 2023! Our journey this year has been marked by remarkable successes across all facets of our business, from brokerage and investment to property management and team expansion. Here’s a closer look at our accomplishments this year and our aspirations for 2024. Renovation

In the fourth quarter of 2023, Gray Property Group focused on strategic growth and operational excellence. We learned the importance of vetting prospective clients and ensuring aligned visions and values for fruitful partnerships. To support our continued expansion, we began the process of hiring a dedicated Business Development Representative to identify, cultivate, and secure new

Gray Property Group experienced significant growth and achievements in the third quarter of 2023 across all key areas of business: Investment, Brokerage, and Management. Below are the highlights of our focused intentions, milestones, and accomplishments.   Our brokerage team successfully closed two pivotal sales: 42 ½ Abbott Street, Nashua, NH: Nick Gray sold this 3-unit

Gray Property Group is excited to announce that it has named Erin King as our new Business Development Specialist. Nick Gray hired Erin in September 2022 as his executive assistant and, over the last nine months, Erin has been instrumental in virtually every element of the Company’s success. Erin has assisted Nick with brokerage transactions,