2017
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October 09, 2017
Griffin Capital Essential Asset REIT Enters into Loan Agreement with Bank of America, N.A., UBS AG and Key Bank National Association
Griffin Capital Company, LLC (“Griffin Capital”) announced today the operating partnership of Griffin Capital Essential Asset REIT, Inc. (the “GCEAR”) entered into a loan agreement with Bank of America, N.A., UBS AG and KeyBank National Association for an aggregate loan amount of $375,000,000 (the “Loan”).
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October 18, 2017
Griffin Capital Company Goes Pink… in Support of Breast Cancer Awareness Month
October is Breast Cancer Awareness Month and, in recognition, Griffin Capital Company, LLC (“Griffin Capital”) is ‘going pink’ all month long and pledging to support the Stand Up To Cancer initiative.
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November 06, 2017
Griffin-American Healthcare REIT IV Acquires Nine-Property Central Florida Senior Housing Portfolio for Approximately $110 Million
Griffin-American Healthcare REIT IV, Inc., announced today the REIT has completed the acquisition of the 1,140-unit, nine-property Central Florida Senior Housing Portfolio for approximately $110 million at a capitalization rate of 7.03 percent.1 The portfolio’s properties are located throughout the Greater Tampa and Greater Orlando communities of Bradenton, Brooksville, Lake Placid, Lakeland, Pinellas Park, Sanford, Spring Hill and Winter Haven.
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November 13, 2017
Griffin Capital Continues to Scale Its Distribution Team
Griffin Capital Company, LLC (“Griffin Capital”) announced today its dealer-manager, Griffin Capital Securities, LLC (“GCS”)..
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November 14, 2017
Griffin-American Healthcare REIT IV Reports Third Quarter 2017 Results
“Griffin-American Healthcare REIT IV has strengthened its footprint in the Northeast and established a significant presence in Florida with approximately $125 million1 in acquisitions since the close of the second quarter,” said Jeff Hanson, chairman and chief executive officer. “Year-to-date, we have completed more than $327 million1 of accretive acquisitions as we continue to build what we expect to be a high-performing portfolio of healthcare real estate.”
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November 16, 2017
Griffin Capital Essential Asset REIT Reports Third Quarter 2017 Results
"Our solid third quarter financial results reflect our fundamental goals of delivering stable income and long-term capital appreciation through focused acquisitions and dispositions and disciplined management of top-quality commercial properties in fast-growing metropolitan markets," said Kevin Shields, Chairman and Chief Executive Officer of the REIT.
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November 16, 2017
Griffin Capital Essential Asset REIT II Reports Third Quarter of 2017 Results
Griffin Capital Essential Asset REIT II, Inc. announced its operating results for the third quarter of 2017.
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November 17, 2017
Griffin-American Healthcare REIT III Reports Third Quarter 2017 Results
“In little more than three years, our international portfolio has achieved significant scale and diversity, with hundreds of healthcare real estate investments acquired for more than $2.9 billion1 located throughout the United States and the United Kingdom,” said Jeff Hanson, chairman and chief executive officer. “Most importantly, our portfolio continues to perform very well, with high occupancy in both our RIDEA2 and non-RIDEA segments, enviable average remaining lease term, and low portfolio-level debt.”
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November 21, 2017
Griffin Capital Essential Asset REIT Announces Sale of DreamWorks Animation’s Headquarters and Studio Campus
Griffin Capital Company, LLC (“Griffin Capital”) announced today, on behalf of Griffin Capital Essential Asset REIT, Inc. (the “REIT”), the sale of DreamWorks Animation’s Headquarters and Studio Campus, a five-building, 460,000 square foot property (the “Property”) located in Glendale, California, for $290 million.
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December 04, 2017
Griffin Capital Essential Asset REIT Completes Acquisition of LPL Corporate Campus
Griffin Capital Company, LLC (“Griffin Capital”) announced today on behalf of Griffin Capital Essential Asset REIT, Inc. (the “REIT”), the acquisition of the LPL Financial Carolinas Corporate Campus (the “Property”) at a purchase price of $130 million. This two building property is leased in its entirety to LPL Holdings, Inc. (the “Tenant”) with approximately 19 years of remaining lease term and 1.75% annual base rental rate increases.
