2020

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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.”
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.
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.
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.”
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.
May 13, 2020

Griffin Capital Essential Asset REIT Reports 2020 First Quarter Results

“We are pleased with our first quarter operating results and our rent collections over the last two months. We are cautiously approaching our path forward in light of the current global health crisis and its impact on the U.S. economy,” said Michael Escalante
May 22, 2020

Griffin-American Healthcare REIT IV, Inc. Announces Change of Location of 2020 Annual Meeting of Stockholders

IRVINE, Calif., (May 22, 2020) – Griffin-American Healthcare REIT IV, Inc. (the “Company”) announced today that, due to the ongoing public health threat caused by the coronavirus (COVID-19) pandemic, and to support the health and well-being of its stockholders, board of directors and other meeting participants, the location of the Company’s 2020 Annual Meeting of
June 19, 2020

Griffin Institutional Access Real Estate Fund Announces Second Quarter Distribution

Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX) the second quarter distribution of $0.331 for Class A, $0.319 for Class C, $0.335 for Class I, $0.329 for Class L, and $0.325 for Class M, or a 5.22% annualized distribution rate. The distribution will be payable on June 26, 2020 to shareholders of record as of June 18, 2020, with an ex-dividend date of June 19, 2020.
July 14, 2020

Griffin Capital Closes Fourth of Nine Land Acquisitions in Qualified Opportunity Zones

Griffin Capital anticipates commencing development on all properties by November 2020 and are targeting all to be completed by May 2023.
July 15, 2020

Griffin Capital CEO Kevin Shields Selected as Top 25 Opportunity Zone Influencers and Top 25 Fund Manager and Developer

“I am proud to have received this recognition as it acknowledges the expertise, vision and hard work of the entire Griffin Capital team focused on our opportunity zone activities." - Kevin Shields
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