Million SF Portfolio for Griffin Capital: Transwestern to Manage 4.5

The Westgate III building in Houston is one of the Griffin Capital buildings that will be managed by Transwestern.

In Houston, Transwestern will manage a 4.5 million SF portfolio of Class A office and industrial space for Los Angeles-based Griffin Capital Company.

The buildings, located primarily in the Southwest and West regions of the country, are controlled by two publicly held REITs sponsored by Griffin Capital.

“Griffin Capital is a foundational client for us, and we are honored that they have chosen to entrust us with an even greater piece of their portfolios,” said Chip Clarke, Transwestern’s President Americas.

Rob Bridges, Executive Managing Director of Asset Services, will oversee the 22 buildings that span seven states, coordinating property management, financial, engineering and sustainability services for Griffin.

“The Transwestern Experience is an innovative approach that reflects our unique culture while producing measurable results by emphasizing that everyone, from building owner to occupants to vendors and customers visiting a property, is our client. We look forward to using this approach to continue driving greater value for the Griffin team and their tenants in our expanded assignment,” Bridges said.

The portfolio includes properties in Arizona, California, Florida, New Jersey, Nevada, Tennessee, Texas and Washington. It consists of 3.45 million sq ft of office space and 1.05 million sq ft of industrial space.