Granite Properties is a privately held commercial real estate investment, development, and management company founded in 1991. The company creates mixed-use environments and focuses on tenant satisfaction.

Granite Properties

Midtown Union 

Granite Properties is one of the country’s leading privately held commercial real estate investment, development and management companies with more than 160 team members across five national offices. Since 1991, Granite has developed or acquired over 29 million square feet of commercial real estate and completed transactions worth over $8 billion. The company’s current portfolio includes 11.5 million square feet of high quality office space. At the heart of our success is the extraordinary customer experience that we create in each and every asset through our mixed-use environments, rich amenities, customer-centric service, and innovative wellness features.


This commitment to excellence extends to Granite’s corporate culture, which has been recognized as one of Fortune Magazine’s Great Places to Work 9 consecutive years. The Granite senior leadership team is unusual for its depth and longevity, having been together for over 19 years and has combined real estate experience of over 550 years. Granite Properties was established in 1991 by Michael Dardick, CEO of the firm, and the Schusterman family, a long-time leader in the oil and gas industry.



Regions Bank

Congratulations to our team in Houston for winning the REDnews Real Estate Awards for Owner of the Year! 

We’re honored to win this award and proud of our team’s success. Strong ownership matters and our Houston portfolio is debt free. In 2023, our in-house leasing team closed 60 leasing contracts totaling 700,000 square feet (more square feet than any other year of Granite’s Houston portfolio existence). Our Property Experience Team is dedicated to delivering a great customer experience with desired amenities, events and improvements. 

Thank you for always going above and beyond!

Career Day!

Granite invited children participating in the Boys & Girls Club of Burbank and Greater East Valley to tour our @TheBrand office complex in Glendale, CA – including the rooftop helipad!

Thank you to our customer, Gallagher, for leading the children through several activities including a lesson in binding a book. 

Granite is a proud supporter of our local Boys & Girls Clubs. Each year, we host TogetherWeGive to give our customers and employees the opportunity to volunteer and pack snack bags for the children participating in the Clubs’ summer program. 

#CareerDay #TogetherWeGive #TogetherWeConnect

This summer, our Property Experience Team came up with several fun themes to make our annual TogetherWeGive event extra special for our customers. 

The celebrations included the Olympics, Copa America, Back to the 80’s (complete with the DeLorean time machine), carnival vibes, and an Endless Summer. 

Thank you, Property Experience Team, for your creativity and always going above and beyond to enhance the customer experience! 

#TogetherWeGive #TogetherWeConnect

Granite’s Senior Managing Director, Paul Bennett, was a panelist at ULI Dallas-Fort Worth's What’s New What’s Next and discussed the evolution of office space along with Chad Cook of Quadrant Investment Properties, Ashley Winchester Curry of JLL, and John Hardaway of Triten Real Estate Partners. Paul shared Granite’s experience developing a variety of high-quality office environments in several submarkets in DFW, including:
·     23Springs, a large, Class-AA development currently under construction in Uptown Dallas
·     Granite Park, a 90-acre master planned mixed-use development in Plano
·     Granite Place at Southlake Town Square, a two-building office complex at the popular open-air shopping district in Southlake
·     Factory Six-03, a historic warehouse turned Class-A office space in Dallas West End

#CRE #RealEstate #OfficeExperiences

40 Thorndike in Cambridge, MA, continues to make progress. The project includes the community-focused First Street Market, a year-round indoor farmer’s market and event space featuring a 40-foot mural by RVOL Creative.

As part of First Street Market, Chef Will Gilson is opening Amba Cambridge this week. The Mediterranean rotisserie and café will be available for dine in, takeout and delivery. 

Granite and Leggat McCall Properties are developing 40 Thorndike, turning a former courthouse into Class-A office space, apartments, and retail space. 


Mural images by RVOL Creative
Amba image by Chef Wilson

#CRE #RealEstate #NewDevelopment

Granite has kicked off our annual TogetherWeGive event benefiting local Boys & Girls Clubs. Each building hosts the hands-on volunteering event to unite our customers in packing snack bags for the clubs, giving back to their local community, and having fun! 


#TogetherWeGive #TogetherWeConnect #CRE #OfficeExperience 


Boys & Girls Clubs of Greater Houston
Boys & Girls Clubs of Metro Atlanta
Boys & Girls Clubs of Metro Denver

Metric
Company Name	Granite Properties
Symbol
MSH ID	COM:GRANITEPROP
Market	PRIVATE
Sector	Real Estate
Industry	Commercial Real Estate
Country	US
Stage
Employee Count	249
Website	graniteprop.com
LinkedIn	granite-properties
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

GRAN

COM:GRANITEPROP

Granite Properties

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue