Griffin Partners Acquires Milwee Business Park from Wolf Capital
Deal News | Jun 30, 2025 | Griffin Partners Inc
Griffin Partners Inc., a Houston-based real estate investment firm, has acquired the Milwee Business Park from Wolf Capital Partners. The property, a two-building industrial park in Houston at 38,706 square feet, was brokered by Colliers, with representatives Todd Moore, Connor Duffy, and Zack Martin acting for the seller. Griffin Partners views the acquisition as strategic, aimed at expanding their holdings in shallow to mid bay industrial project across target markets. The asset, nearly fully leased at 91%, is expected to provide stable cash flow with future growth potential through leasing and rate increases. Its prime location near major Houston thoroughfares enhances its appeal. This acquisition highlights the strong demand in the industrial real estate sector, particularly in Northwest Houston's active market.
Sectors
- Commercial Real Estate
- Industrial Sector
Geography
- United States – The transaction and involved companies are based in the United States, specifically in Houston, Texas.
- Houston, Texas – The Milwee Business Park is located in Houston, Texas, which is relevant as it impacts local real estate market dynamics and logistics.
Industry
- Commercial Real Estate – The transaction involves the acquisition of a commercial real estate asset, Milwee Business Park, by Griffin Partners, highlighting activity in property investment and development.
- Industrial Sector – Milwee Business Park, the subject of the article, is an industrial park largely leased and functions within the industrial real estate sector.
Financials
- 38,706-square-foot – Size of Milwee Business Park acquired by Griffin Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Griffin Partners Inc. | Buyer | Company | A Houston-based real estate investment and development firm that acquired Milwee Business Park. |
| Wolf Capital Partners | Seller | Company | The former owner of Milwee Business Park, they repositioned and sold the asset. |
| Colliers | Broker/Advisor | Company | Real estate services and investment management company representing the seller in the transaction. |
| Todd Moore | Representative | Person | A broker from Colliers who represented Wolf Capital Partners in the sale. |
| Connor Duffy | Representative | Person | A broker from Colliers involved in representing the seller. |
| Zack Martin | Representative | Person | A broker from Colliers who took part in representing the seller. |
| Andrew Montgomery | President, Griffin Partners Investment Management | Person | Commented on Griffin Partners' strategy and acquisition. |