Highlights

Griffin Capital Development Partners Fund III, L.P. has raised $67.04 million of a $100 million real estate offering, according to an amended Form D filed with the SEC on Oct. 14.

The Delaware limited partnership, organized in 2025 and classified under the industry group Other Real Estate, accepted its first investor capital on Nov. 13, 2025. The minimum investment is $50,000. As of the filing date, 315 investors have committed, none of them non-accredited.

The fund's general partner is GCDP III GP, LLC. Kevin Shields and Nick Rosenthal each serve as co-chief executive officer of that general partner entity. Griffin Capital Company, LLC is listed as sponsor of the issuer.

The firm operates from Griffin Capital Plaza at 266 Kansas Street in El Segundo, California. Griffin Capital has owned, managed, sponsored, and co-sponsored approximately $23 billion in assets since 1995, according to the NASBA Registry, and its senior executives and employees have co-invested more than $300 million across investment verticals.

The amended filing shows $32.96 million remaining under the offering. The fund has not disclosed a closing date in the public record.

Where to find them

Sources

Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.

  1. SEC EDGAR retrieved 14/10/2026 19:04
  2. nasbaregistry.org retrieved 14/10/2026 19:04
  3. Griffin Capital (official site) retrieved 14/10/2026 19:04

Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 14/10/2026 19:04. Every claim traces to a source.