# EDGAR Filing Document

**Accession Number:** 0001894604
**File Stem:** 0001894604-23-000002
**Filing Date:** 2023-3
**Character Count:** 27151
**Document Hash:** 4c0bbf282287656eed616b63fa1ead64
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001894604-23-000002.hdr.sgml**: 20230310

**ACCESSION NUMBER**: 0001894604-23-000002

**CONFORMED SUBMISSION TYPE**: D/A

**PUBLIC DOCUMENT COUNT**: 1

**ITEM INFORMATION**: <ITEMS>06b

**ITEM INFORMATION**: Investment Company Act Section 3(c)

**ITEM INFORMATION**: Section 3(c)(5)

**FILED AS OF DATE**: 20230310

**DATE AS OF CHANGE**: 20230310

**EFFECTIVENESS DATE**: 20230310

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Griffin Capital Qualified Opportunity Zone Fund III, L.P.
- **CENTRAL INDEX KEY:** 0001894604
- **IRS NUMBER:** 873073059
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** D/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 021-426064
- **FILM NUMBER:** 23722006

**BUSINESS ADDRESS:**
- **STREET 1:** GRIFFIN CAPITAL PLAZA
- **STREET 2:** 1520 EAST GRAND AVENUE
- **CITY:** EL SEGUNDO
- **STATE:** CA
- **ZIP:** 90245
- **BUSINESS PHONE:** (310) 469-6100

**MAIL ADDRESS:**
- **STREET 1:** GRIFFIN CAPITAL PLAZA
- **STREET 2:** 1520 EAST GRAND AVENUE
- **CITY:** EL SEGUNDO
- **STATE:** CA
- **ZIP:** 90245

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM D

### Notice of Exempt Offering of Securities

**Notice of Amendment** (Previous Accession Number: 0001894604-23-000001)

### 1. Issuer's Identity

**CIK (Filer ID Number):** 0001894604

**Name of Issuer:** Griffin Capital Qualified Opportunity Zone Fund III, L.P.

**Jurisdiction of Incorporation/Organization:** DELAWARE

**Previous Names:** None

**Year of Incorporation/Organization**

- [ ] Over Five Years Ago

- [x] Within Last Five Years (Specify Year) 2021

- [ ] Yet to Be Formed

**Entity Type**

- [ ] Corporation

- [x] Limited Partnership

- [ ] Limited Liability Company

- [ ] General Partnership

- [ ] Business Trust

- [ ] Other

### 2. Principal Place of Business and Contact Information

**Name of Issuer:** Griffin Capital Qualified Opportunity Zone Fund III, L.P.

**Street Address 1:** GRIFFIN CAPITAL PLAZA

**Street Address 2:** 1520 EAST GRAND AVENUE

**City:** EL SEGUNDO

**State/Province/Country:** CA

**ZIP/Postal Code:** 90245

**Phone Number of Issuer:** (310) 469-6100

### 3. Related Persons

| Last Name                    | First Name   | Street Address 1      | City       | State   |   ZIP/Postal Code | Relationship                                          | Clarification of Response                                    |
|:---|:---|:---|:---|:---|---:|:---|:---|
| Shields                      | Kevin A.     | Griffin Capital Plaza | El Segundo | CA      |             90245 | [x] Executive Officer<br>[ ] Director<br>[ ] Promoter | Chief Executive Officer of the General Partner of the Issuer |
| Griffin Capital Company, LLC | N/A          | Griffin Capital Plaza | El Segundo | CA      |             90245 | [x] Executive Officer<br>[ ] Director<br>[ ] Promoter | Sponsor of the Issuer                                        |
| Griffin Capital QOZ III, LLC | N/A          | Griffin Capital Plaza | El Segundo | CA      |             90245 | [x] Executive Officer<br>[ ] Director<br>[ ] Promoter | General Partner of the Issuer                                |

### 4. Industry Group

| | | |
|:---|:---|:---|
| [ ] Agriculture | [ ] Health Care | [ ] Retailing |
| [ ] Banking & Financial Services | [ ] Biotechnology | [ ] Restaurants |
|   [ ] Commercial Banking | [ ] Health Insurance | [ ] Technology |
|   [ ] Insurance | [ ] Hospitals & Physicians |   [ ] Computers |
|   [ ] Investing | [ ] Pharmaceuticals |   [ ] Telecommunications |
|   [ ] Investment Banking | [ ] Other Health Care |   [ ] Other Technology |
|   [ ] Pooled Investment Fund | [ ] Manufacturing | [ ] Travel |
|     [ ] Hedge Fund | [ ] Real Estate |   [ ] Airlines & Airports |
|     [ ] Private Equity Fund |   [ ] Commercial |   [ ] Lodging & Conventions |
|     [ ] Venture Capital Fund |   [ ] Construction |   [ ] Tourism & Travel Services |
|     [ ] Other Investment Fund |   [ ] REITS & Finance |   [ ] Other Travel |
|   Is the issuer registered as an investment company? <br>  [ ] Yes [ ] No |   [ ] Residential | [ ] Other |
|   [ ] Other Banking & Financial Services |   [x] Other Real Estate |  |
| [ ] Business Services |  |  |
| [ ] Energy |  |  |
|   [ ] Coal Mining |  |  |
|   [ ] Electric Utilities |  |  |
|   [ ] Energy Conservation |  |  |
|   [ ] Environmental Services |  |  |
|   [ ] Oil & Gas |  |  |
|   [ ] Other Energy |  |  |

### 5. Issuer Size

| **Revenue Range** | **OR** | **Aggregate Net Asset Value Range** |
|:---|:---:|:---|
| [ ] No Revenues | | [ ] No Aggregate Net Asset Value |
| [ ] $1 - $1,000,000 | | [ ] $1 - $5,000,000 |
| [ ] $1,000,001 - $5,000,000 | | [ ] $5,000,001 - $25,000,000 |
| [ ] $5,000,001 - $25,000,000 | | [ ] $25,000,001 - $50,000,000 |
| [ ] $25,000,001 - $100,000,000 | | [ ] $50,000,001 - $100,000,000 |
| [ ] Over $100,000,000 | | [ ] Over $100,000,000 |
| [x] Decline to Disclose | | [ ] Decline to Disclose |
| [ ] Not Applicable | | [ ] Not Applicable |

### 6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

| | | |
|:---|:---|:---|
| [ ] Rule 504(b)(1) (not (i), (ii) or (iii)) | [x] Investment Company Act Section 3(c) |  |
| [ ] Rule 504(b)(1)(i) |   [ ] Section 3(c)(1) |  |
| [ ] Rule 504(b)(1)(ii) |   [ ] Section 3(c)(2) |   [ ] Section 3(c)(9) |
| [ ] Rule 504(b)(1)(iii) |   [ ] Section 3(c)(3) |   [ ] Section 3(c)(10) |
| [x] Rule 506(b) |   [ ] Section 3(c)(4) |   [ ] Section 3(c)(11) |
| [ ] Rule 506(c) |   [x] Section 3(c)(5) |   [ ] Section 3(c)(12) |
| [ ] Securities Act Section 4(5) |   [ ] Section 3(c)(6) |   [ ] Section 3(c)(13) |
|  |   [ ] Section 3(c)(7) |   [ ] Section 3(c)(14) |

### 7. Type of Filing

**New Notice:** [ ] **Date of First Sale:** 2021-12-06

**Amendment:** [x]

### 8. Duration of Offering

Does the issuer intend this offering to last more than one year? [ ] Yes [x] No

### 9. Type(s) of Securities Offered

- [x] Equity
- [ ] Debt
- [ ] Option, Warrant or Other Right to Acquire Another Security
- [ ] Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security
- [x] Pooled Investment Fund Interests
- [ ] Tenant-in-Common Securities
- [ ] Mineral Property Securities
- [ ] Other

### 10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? [ ] Yes [x] No

### 11. Minimum Investment
**Minimum investment accepted from any outside investor:** $150000 USD

### 12. Sales Compensation

| Recipient Name                           |   Recipient CRD Number | Associated BD Name                           | Associated BD CRD Number   | Street 1                         | Street 2                  | City              | State   |   ZIP Code | States of Solicitation   | Foreign Solicitation   |
|:---|---:|:---|:---|:---|:---|:---|:---|---:|:---|:---|
| Marc Seeherman                           |                1131557 | Calton & Associates, Inc.                    | 20999                      | 32 West 40th Street              | 7th Floor                 | New York          | NY      |      10018 |  | [ ]                    |
| Billy Aycock                             |                4069907 | Center Street Securities Inc.                | 26898                      | 2 International Plaza            | Suite 301                 | Nashville         | TN      |      37217 |  | [ ]                    |
| Betty Friant                             |                2122446 | Growth Capital Services, Inc.                | 124658                     | 1101 Pennsylvania Avenue NW      | Suite 300                 | Washington        | DC      |      20004 |  | [ ]                    |
| Mark Baran                               |                 870541 | McDermott Investment Services LLC            | 154926                     | 44 East Broad Street             | 2nd Floor                 | Bethlehem         | PA      |      18018 |  | [ ]                    |
| Colette Frey-Bitzas                      |                2040840 | American Portfolios Financial Services, Inc. | 18487                      | 4250 Veterans Memorial Highway   | Suite 100E                | Holbrook          | NY      |      11741 |  | [ ]                    |
| Taher Gilani                             |                2381502 | Calton & Associates, Inc.                    | 20999                      | 8304 Briarwood Lane              |  | Austin            | TX      |      78757 |  | [ ]                    |
| David Funes                              |                5467419 | Thornhill Securities, Inc.                   | 22333                      | 400 W. 15th Street               | Suite 700                 | Austin            | TX      |      78701 |  | [ ]                    |
| Amr Tenney                               |                5506866 | Thornhill Securities, Inc.                   | 22333                      | 400 W. 15th Street               | Suite 700                 | Austin            | TX      |      78701 |  | [ ]                    |
| Eugene Cindrich                          |                2444041 | Advisory Group Equity Services Ltd           | 15427                      | 10 Phoenix Row                   |  | Haverhill         | MA      |      01832 |  | [ ]                    |
| Michael Petter                           |                4341091 | Calton & Associates Inc.                     | 20999                      | 62 La Escalera                   |  | San Antonio       | TX      |      78261 |  | [ ]                    |
| Independent Financial Group, LLC         |                   7717 | None                                         | None                       | 12671 High Bluff Drive           | Suite 200                 | San Diego         | CA      |      92130 |  | [ ]                    |
| Lincoln Financial Advisors Corporation   |                   3978 | None                                         | None                       | 1301 South Harrison Street       |  | Fort Wayne        | IN      |      46802 |  | [ ]                    |
| Ivan West                                |                4921015 | American Trust Investment Services, Inc.     | 3001                       | 4722 Main Street                 |  | Lisle             | IL      |      60532 |  | [ ]                    |
| Elias Pritsoulis                         |                2568434 | A.G.P. / Alliance Global Partners            | 8361                       | 590 Madison Avenue               | 28th Floor                | New York          | NY      |      10022 |  | [ ]                    |
| Betty Friant                             |                2122446 | FNEX Capital, LLC                            | 166316                     | 21515 Hawthorne Boulevard        | Suite 360                 | Torrance          | CA      |      90503 |  | [ ]                    |
| DFPG Investments, LLC                    |                 155576 | None                                         | None                       | 9017 S. Riverside Drive          | Suite 210                 | Sandy             | UT      |      84070 |  | [ ]                    |
| Cambridge Investment Research, Inc.      |                  39543 | None                                         | None                       | 1776 Pleasant Plain Road         |  | Fairfield         | IA      |      52556 |  | [ ]                    |
| John A. Doane                            |                4083486 | Advisory Group Equity Services Ltd.          | 15427                      | 33 Hilltop Drive                 |  | Wenham            | MA      |      01984 |  | [ ]                    |
| Brian Armstrong                          |                2895592 | Skyway Capital Markets, LLC                  | 124630                     | 100 North Tampa Street           | Suite 3550                | Tampa             | FL      |      33602 |  | [ ]                    |
| Mark Herding                             |                2239357 | Harbour Investments, Inc.                    | 19258                      | 4648 N. 32nd Street              |  | Phoenix           | AZ      |      85016 |  | [ ]                    |
| Rodney Ibrahim                           |                4358176 | A.G.P./Alliance Global Partners              | 8361                       | 40 Wall Street                   |  | New York          | NY      |      10005 |  | [ ]                    |
| Alex Ruggieri                            |                1685884 | NexTrend Securities, Inc.                    | 43710                      | 1801 Woodfield Drive             |  | Savoy             | IL      |      61874 |  | [ ]                    |
| Andrew Zorovich                          |                2753501 | American Portfolios Financial Services, Inc. | 18487                      | 200 Clinton Avenue West          | Suite 701                 | Huntsville        | AL      |      35801 |  | [ ]                    |
| Purshe Kaplan Sterling Investments       |                  35747 | None                                         | None                       | 80 State Street                  |  | Albany            | NY      |      12207 |  | [ ]                    |
| Joshua P. Jones                          |                5139521 | MHL Investments                              | 2535                       | Everspire Plaza                  | 6900 S. 900 E., Suite 200 | Midvale           | UT      |      84047 |  | [ ]                    |
| Daniel Goodwin                           |                5752768 | AAG Capital, Inc.                            | 188                        | 2211 Ashley Oaks Circle          |  | Wesley Chapel     | FL      |      33544 |  | [ ]                    |
| Lewis Baker                              |                2543651 | Arete Wealth Management, LLC                 | 44856                      | 8607 Cedar Street                |  | Silver Spring     | MD      |      20910 |  | [ ]                    |
| Andrew Dorr                              |                5297867 | Arete Wealth Management, LLC                 | 44856                      | 6600 Westown Parkway             | Suite 190                 | West Des Moines   | IA      |      50266 |  | [ ]                    |
| Joseph Michaletz                         |                1327534 | DAI Securities, LLC                          | 36673                      | 150 St. Andrews Court            | Suite 210                 | Mankato           | MN      |      56001 |  | [ ]                    |
| Michael O'Toole                          |                6336251 | DAI Securities, LLC                          | 36673                      | 150 St. Andrews Court            | Suite 210                 | Mankato           | MN      |      56001 |  | [ ]                    |
| Emerson Equity LLC                       |                 130032 | None                                         | None                       | 155 Bovet Road                   | Suite 725                 | San Mateo         | CA      |      94402 |  | [ ]                    |
| Concorde Investment Services, LLC        |                 151604 | None                                         | None                       | 19500 Victor Parkway             | Suite 550                 | Livonia           | MI      |      48152 |  | [ ]                    |
| Joel Spolin                              |                7268801 | McDermott Investment Services, LLC           | 154926                     | 44 East Broad Street             | 2nd Floor                 | Bethlehem         | PA      |      18018 |  | [ ]                    |
| Kyle Kadish                              |                4864706 | Advisory Group Equity Services Ltd           | 15427                      | 24 Mitchell Pond Road            |  | Windham           | NH      |      03087 |  | [ ]                    |
| James Parry                              |                1877092 | Arkadios Capital                             | 282710                     | 2591 Dallas Parkway              | #300                      | Frisco            | TX      |      75034 |  | [ ]                    |
| Brittany Slater-Gautreau                 |                4885737 | American Trust Investment Services, Inc.     | 3001                       | 501 N. El Camino Real            | #211                      | San Clemente      | CA      |      92672 |  | [ ]                    |
| Mazal Yahezkely                          |                5253186 | IDB Capital Corp.                            | 106032                     | 18851 NE 29th Avenue             | Suite 600                 | Aventura          | FL      |      33180 |  | [ ]                    |
| Nicholas Erwin                           |                4794584 | USCA Securities LLC                          | 103789                     | 4444 Westheimer                  | Suite G500                | Houston           | TX      |      77027 |  | [ ]                    |
| Joseph Bench                             |                1052104 | Aegis Capital Corp.                          | 15007                      | 80000 Maryland Avenue            | Suite 1031                | Clayton           | MO      |      63105 |  | [ ]                    |
| Trawnegan Gall                           |                6266415 | Wealthforge Securities, LLC                  | 152550                     | 130 N. Preston Road              | Suite 238                 | Prosper           | TX      |      75078 |  | [ ]                    |
| Jonathan Rotz                            |                4427791 | Arkadios Capital                             | 282710                     | 2591 Dallas Parkway              | #300                      | Frisco            | TX      |      75034 |  | [ ]                    |
| Larry Crosthwaite                        |                3083003 | Benjamin F. Edwards & Company, Inc.          | 146936                     | 771 Corporate Drive              | Suite 605                 | Lexington         | KY      |      40503 |  | [ ]                    |
| James Temple                             |                7084089 | Wealthforge Securities, LLC                  | 152550                     | 738 E. Chapman Avenue            |  | Orange            | CA      |      92866 |  | [ ]                    |
| Jason Pueschel                           |                2257351 | Patrick Capital Markets, LLC                 | 16518                      | 11152 South Towne Square         |  | St. Louis         | MO      |      63123 |  | [ ]                    |
| Jeff Lewis                               |                1744218 | Advisory Group Equity Services Ltd.          | 15427                      | 10-12 Phoenix Row                | Suite 3                   | Haverhill         | MA      |      01832 |  | [ ]                    |
| Salvatore Cocivera                       |                1942283 | American Portfolios Financial Services, Inc. | 18487                      | 4B Eves Drive                    | Suite 100                 | Marlton           | NJ      |      08053 |  | [ ]                    |
| Bryce Hamilton                           |                4296113 | Kingswood Capital Partners, LLC              | 288898                     | 26364 Carmel Rancho Lane         | #200                      | Carmel By The Sea | CA      |      93923 |  | [ ]                    |
| Carmine Galimi                           |                3265523 | FNEX Capital, LLC                            | 166316                     | One Indiana Square               | Suite 2252                | Indianapolis      | IN      |      46204 |  | [ ]                    |
| Ryan Tucker                              |                6138767 | MHL Investments                              | 2535                       | Everspire Plaza 6900 S. 900 East | Suite 200                 | Midvale           | UT      |      84047 |  | [ ]                    |
| David Levinson                           |                 705929 | American Trust Investment Services, Inc.     | 3001                       | 4722 Main Street                 |  | Lisle             | IL      |      60532 |  | [ ]                    |
| Rhett Grimes                             |                6283241 | Kingswood Capital Partners, LLC              | 288898                     | 11440 W. Bernardo Court          | Suite 300                 | San Diego         | CA      |      92127 |  | [ ]                    |
| James Schrack                            |                2620270 | Center Street Securities, Inc.               | 26898                      | 12319 E. Broadway                |  | Spokane Valley    | WA      |      99216 |  | [ ]                    |
| Sudhir Pai                               |                5928622 | Saxony Securities, Inc.                      | 115547                     | 4512 Legacy Drive                | Suite 100                 | Plano             | TX      |      75024 |  | [ ]                    |
| Richard Chess                            |                1127716 | Crescent Securities Group, Inc.              | 114993                     | 4975 Preston Park Boulevard      | Suite 820                 | Plano             | TX      |      75093 |  | [ ]                    |
| Lincoln Financial Securities Corporation |                   3870 | None                                         | None                       | 1301 South Harrison Street       |  | Fort Wayne        | IN      |      46802 |  | [ ]                    |
| Michael Lytle                            |                2471291 | American Portfolios Financial Services, Inc. | 18487                      | 43 North Broad Street            |  | Canfield          | OH      |      44406 |  | [ ]                    |
| David Rhodes                             |                2620006 | Cetera Advisor Networks LLC                  | 13572                      | 1920 W. Villa Maria              | Suite 307                 | Bryan             | TX      |      77807 |  | [ ]                    |
| Centaurus Financial, Inc.                |                  30833 | None                                         | None                       | 2300 E. Katella Avenue           | Suite #200                | Anaheim           | CA      |      92806 |  | [ ]                    |

### 13. Offering and Sales Amounts

**Total Offering Amount:** $500,000,000 USD

**Total Amount Sold:** $316,510,604 USD

**Total Remaining to be Sold:** $183,489,396 USD

**Clarification of Response:** Regarding Item 11, the Issuer may accept smaller investments in the Issuer's sole discretion.

### 14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering: [ ] Yes [x] No

**Total Number of Investors Already Invested:** 552

### 15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

**Sales Commissions** $16250000 USD [x] Estimate

**Finders' Fees** $0 USD [x] Estimate

**Clarification of Response (if Necessary):** Sales Commissions include estimates of the maximum amount of Selling Commissions, Dealer Fees and Placement Agent Fees that may be paid.

### 16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters: **$1875000 USD [x] Estimate**

**Clarification of Response (if necessary):** Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs, and offering and organizational expenses that may accrue to one or more Related Persons.

### Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

**Terms of Submission**

In submitting this notice, each issuer named above is:

* Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.

* Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated
officer of the State in which the issuer maintains its principal place of business and any State in which this notice is
filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any
notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any
Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to
the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in
connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or
indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust
Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or
regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place
of business or any State in which this notice is filed.

* Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

| Issuer                                                    | Signature        | Name of Signer   | Title                                                | Date       |
|:---|:---|:---|:---|:---|
| Griffin Capital Qualified Opportunity Zone Fund III, L.P. | /s/ Daniel Snell | Daniel Snell     | Chief Financial Officer of the Sponsor of the Issuer | 2023-03-10 |

*Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.*