HOUSTON – January 22, 2025 – Granite Properties, a commercial real estate investment, development and management company, announced today that Paul Bennett has been appointed Senior Managing Director and MarketLeader of Houston. Paul will continue to serve as Senior Managing Director and Market Leader of Dallas, as well. Scott Martin, Granite’s longtime Executive Managing Director who led the Houston Granite team for 26 years, retired effective January 1, 2025. Paul will be responsible for investment, development, leasing and market positioning of Houston and Dallas.

“I’m thrilled to announce that Paul Bennett will be the Senior Managing Director of the Houston and Dallas markets,” said Bill Brown, President & Chief Investment Officer ofGranite Properties. “Paul is a proven leader with deep experience in strategic investments and office development. He has been working closely with Scott over the past few months to ensure a smooth transition. Paul’s leadership skills, deep knowledge of the Houston market, and his strength in asset management makes him the right person to lead Houston moving forward,” he added.

“I’m honored by this opportunity to work with our talented Houston team and continue to grow Granite in the Houston market,” said Paul Bennett. “I look forward to building on Scott Martin’s success of creating a portfolio of high-quality office buildings with the best amenities in easily accessible locations,” he added.

Paul began his career at Granite as Director of Investments in 2000 and was promoted to Senior Director of Investments in 2017. He was responsible for national oversight of investment efforts across all markets. In 2024, he was promoted to Senior Managing Director and Market Leader of Dallas and is responsible for the growth, performance and value creation of the Dallas platform.

Paul is a NAIOP NTX board member, NAIOP NTX Treasurer, NAIOP National Forum member, ULI Dallas Vice Chair & Office and Development Product Council Member, The Real Estate Council Associate Leadership Council Alum, and Texas Tech Advisory Board member. Paul also has his CPA designation.

Scott Martin started at Granite in 1998 and grew the Houston portfolio through development and acquisitions in prime locations. He managed the day-to-day operations in Houston and oversaw Granite’s market leaders for Dallas, Atlanta, Denver and Southern California. He is a past president of NAIOP Houston.

“On behalf of everyone at Granite, I’d like to thank Scott Martin for his exceptional leadership over the past 26 years. He has made innumerable contributions to Granite’s growth and success, including building and maintaining a strong Houston portfolio that remained highly competitive through several market downturns. We are all grateful for his leadership and friendship, and we will miss him greatly,” said Will Hendrickson, CEO of Granite Properties.

Granite owns and manages over 2.1 million square feet of Class-A office buildings in Houston representing 19 percent of its total portfolio. They include:

• Eldridge, a LEED Gold certified, 824,632-square-foot, Class-A, three-building office complex in Houston’s Energy Corridor.
• Briarpark Green, a 12-story, LEED Gold and Fitwel-certified, 302,551- square-foot office building with excellent access to Beltway 8.
• Weslayan Tower, an iconic, Class-A, 20-story, LEED Silver certified, and Energy Star-rated 509,977-square-foot office building located just inside Houston’s 610 Loop.
• 2925 Briarpark, an Energy Star rated, 228,891-square-foot office building with excellent access to Beltway 8.
• 3355 West Alabama, a 12-story, Class-A, Energy Star-rated, 236,932-square-foot office building located just inside Houston’s 610 Loop.

 

About Granite Properties

Granite Properties is a privately held commercial real estate investment, development and management company founded in 1991. The firm owns 11 million square feet of high-quality office space in Dallas, Houston, Atlanta, Denver, Southern California, Boston and Nashville. Granite is an established investor, developer and manager with a focus on sustainable, highly amenitized projects. It has completed more than $10 billion in real estate transactions and more than 30 million square feet of real estate development and acquisitions. Current active development projects in Boston, and Dallas total over 1.6 million square feet with total costs over $1.2 billion. Granite focuses on creating extraordinary customer experiences through mixed-use environments, rich amenities, customer-centric service, and innovative wellness features. Granite, NAIOP’s 2022 Developer of the Year, was named one of Fortune Magazine’s Best Workplaces nine times, ranking #8 on their 2022 Best Workplaces in Real Estate list. For more information, visit: graniteprop.com.