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March 20, 2020

Griffin Institutional Access Real Estate Fund Announces First Quarter Distribution

Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX) the first quarter distribution of $0.333 for Class A, $0.322 for Class C, $0.337 for Class I, $0.331 for Class L, and $0.327 for Class M, or a 5.22% annualized distribution rate. The distribution will be payable on March 27, 2020 to shareholders of record as of March 19, 2020, with an ex-dividend date of March 20, 2020.
March 05, 2020

Griffin Capital Essential Asset REIT Reports Fourth Quarter and Year Ended December 31, 2019 Results

“2019 was a transformative year with the completion of our merger in April to grow into a $4.6 billion internally managed REIT while continually demonstrating our experience as operators of real estate with robust leasing activity and accretive capital transactions. These achievements will meaningfully contribute to our future performance and provide a solid example of our proactive approach to managing net lease real estate.”
February 12, 2020

Griffin Capital Essential Asset REIT Acquires Industrial Building in Winston-Salem, North Carolina for $34.9 Million

The REIT purchased the Property for approximately $34.9 million as part of a 1031 exchange associated with the recent sale of a property located in West Jefferson, Ohio.
January 29, 2020

Griffin Capital Reaches New Record of $2.43 Billion of Equity Raise in 2019

During the year, the company raised a total of approximately $2.43 billion (including approximately $.25 billion in Distribution Reinvestment Programs), a record for the firm, and a 49.7 percent increase over 2018.
January 07, 2020

Griffin Capital Plans Dynamic, New Creative Office Development in Los Angeles, El Segundo

Kevin A. Shields, Chairman and CEO of Griffin Capital commented, “we worked on this transaction for over two years and are excited to develop these parcels into what we believe will be an attractive, visually-stimulating entrance into the Smoky Hollow area of this rapidly-evolving neighborhood.”
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