Griffith Properties

Griffith Properties is a women-owned commercial real estate investment firm that buys and operates industrial and flex, life science and office properties in New England and the Mid-Atlantic. It focuses on value-add and core-plus assets, using extensive operating and investing experience to deliver risk-adjusted returns for investors. Life science space, including research and development and cGMP manufacturing facilities, is one of its core competencies, along with industrial and flex buildings.

Since 2010, the management team has raised about $475 million in equity and completed 22 transactions covering roughly 5.5 million square feet through value-add funds and joint ventures. Its three principals average almost 30 years in commercial real estate and have overseen investment, sales, brokerage and valuation of more than $35 billion in assets. Strong relationships with owners and brokers have allowed the firm to buy over 63 percent of its assets in off-market or broken-process deals.

What to Know

• Its latest value-add fund, Fund V, began its investment period in April 2024 with commitments from individuals, family offices and an institutional sidecar.
• Fund III closed in December 2021 with a 3.9x equity multiple.
• The firm sees itself as a leader in advancing women in Boston’s commercial real estate community.
• It is a member of the Charles River Regional Chamber.