Granite Canyon Partners

We are excited to announce the successful closing of 5225 MacArthur Blvd, NW in Washington, DC! This iconic retail corner at Arizona Ave and MacArthur Blvd is situated in one of the capitol’s most prestigious neighborhoods, offering unparalleled long-term potential. Just down the street from the GCP headquarters, this is one we will own for a long time, and drive by often! This transaction marks a significant milestone for Granite Canyon Partners: it is our 18th deal since our launch in December of 2019 and pushes our Assets Under Management (AUM) beyond $250M.?Leased to a well-known national recognized institution, the new tenant is set to open in Q3 2025, offering a strong foundation for sustained growth.? ? This investment reflects our unwavering commitment to sourcing properties that align with our mission: building a portfolio of assets that deliver consistent value.? ? A special thank you to?Dimitri Georgelakos, Steve Combs, Pierson Kreutzer, Dochter & Alexander Retail Advisors, Atlantic Union Bank (John Eubank & Mike Antonelli), BWE (Malcolm Shaw & Bill Wrench II), Steven Hawtof, Rebecca Berger, and Shawn Goldfaden?for their dedication and teamwork in bringing this project to life. Looking forward to what's next!? #growth #justclosed #closed #leased #washingtondc #dc #cre #dealclosing #commercialrealestate #retail #granitecanyonpartners

CLOSED! Granite Canyon Partners is thrilled to announce the acquisition of North Charleston Center, located in Charleston, SC. This 233,783 SF grocery anchored center was the product of many, many months of persistent effort by our acquisition team. NCC is our first shopping center in the fast growing Charleston market, and it demonstrates Granite Canyons strategy of acquiring superior-located retail centers catering to an ethnically diverse customer base. Granite Canyon is excited to be a part of this dynamic and growing community. We can't wait to support this asset and continue the positive trajectory of this diverse shopping center! Special thanks to Trevor Campbell and Andrew Asbill at Transwestern, Jeff Yurfest, CCIM at TSCG (The Shopping Center Group), Steven Hawtof and Rebecca Berger, and our partners at Harbor Commercial Partners, LLC for helping us get this across the finish line and support our go forward management.