# Granite Properties

Granite Properties is a Real Estate based in Plano, United States.

## Overview

- **Organization type:** Real Estate
- **Headquarters:** Plano, United States
- **Region:** North America
- **Address:** Plano, TX, United States
- **Founded:** 1991
- **Assets under management:** Undisclosed
- **Website:** graniteproperties.com
- **LinkedIn:** https://www.linkedin.com/company/granite-properties

## Regulatory record

- **Reports private funds:** No

## About

Granite Properties is a commercial real estate investment, development, and management company. It has made one investment, in Industrious, as part of the company's Series D on August 22, 2019. Granite Properties' portfolio exited Industrious on January 14, 2025.

## Sectors

- Real Estate

## Offices

- Toronto, Canada
- Luxembourg
- New York, NY
- Chicago, IL
- Houston, TX
- Menlo Park, CA

## People

- Michael Dardick — CEO
- David Grandfsky — President

## Questions

### Who runs investment decisions at Granite Properties?

Investment decisions are led by CEO Michael Dardick and President David Grandfsky, who co-founded the firm in 1991. The firm's senior leadership team oversees acquisition, development, and asset management strategies.

### How does Granite Properties source proprietary deal flow?

Granite Properties sources deals through a combination of direct developer relationships, off-market acquisitions, and its in-house development platform. The firm often originates opportunities in markets where it has long-standing local teams.

### Does Granite Properties participate in fund commitments or only direct deals?

Granite Properties raises capital through institutional funds and separate accounts, while also committing its own balance sheet to investments. The firm has raised value-add funds, such as the $1.5 billion fund closed in 2023.

### What investment stages does Granite Properties typically target?

The firm targets value-add and core-plus office properties, including ground-up development, redevelopment, and acquisitions of underperforming assets. It focuses on high-growth US and Canadian markets.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/granite-properties

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