Griffin Partners launches value-added real estate fund
Houston-based Griffin Partners has raised $17.1 million for a new real estate fund, according to a filing with the SEC.
Griffin Partners Office Fund III is seeking to raise $100 million to invest in value-added office and light industrial properties. Griffin Partners primarily focuses on properties in Texas and Arizona, according to the firm’s website.
As of 2014, Griffin Partners Office Fund II, the fund’s predecessor, had acquired more than 1.7 million square feet of office and industrial assets in Texas and Arizona worth nearly $300 million.
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