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Griffin Partners Acquires West Friendly Business Park In Greensboro From Perkins Fund For $20M

Property Image
SOLD
$20,000,000

North Carolina

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Industrial129,519 SF
Sold 10/07/2025
the dealdetailscomps
Property Image
SOLD

Griffin Partners Acquires West Friendly Business Park In Greensboro From Perkins Fund For $20M

7355 West Friendly Avenue

See Similar Deals
Industrial129,519 SF
Sold 10/07/2025
the dealdetailscomps

Summary

NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$154
Total Square Footage:129,519 SF
Transaction Type:Sale

Griffin Partners purchased an industrial property located at 7355 West Friendly Avenue in Greensboro, NC. The asset spans 12.36 acres and consists of 129,519 square feet, with a sale price of $20 million. The property is 95% leased to 42 tenants and features 24 dock doors and 39 drive-in doors.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $20,000,000
  • Address: 7355 West Friendly Avenue
  • Market: Greensboro, NC
  • Lease Status: 95% leased
  • Number of Tenants: 42
  • Square Footage: 129,519
  • Price per Square Foot: $154
  • Acreage: 12.36
  • Seller: Perkins Fund
  • Buyer: Griffin Partners

Perkins Fund LP was the seller in this transaction, facilitating the sale of the West Friendly Business Park. The deal highlights the involvement of Griffin Partners as the buyer, acquiring a fully leased industrial property in close proximity to Piedmont Triad International Airport.

Players

Griffin Partners
Griffin Partners
BUYER
Perkins Fund
Perkins Fund
SELLER

Details

SOLD
IMAGE: 10/07/2025 ADDRESS: 7355 West Friendly Avenue MARKET: Greensboro, NC ASSET TYPE: Industrial ~ ACRES: 12.36 BUYER: Griffin Partners SELLER: Perkins Fund SALE PRICE: $20,000,000 SF: 129,519 ~ PPSF: $154 NOTE: Griffin Partners purchased West Friendly Business Park, a 129,519-square-foot industrial property in Greensboro, for $20 million from Perkins Fund LP. The 12.36-acre property, near Piedmont Triad International Airport, is 95% leased to 42 tenants and features 24 dock doors and 39 drive-in doors.

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