August 15, 2018

Griffin Capital Essential Asset REIT Reports 2018 Second Quarter Results

“In the second quarter of 2018, we completed the 1031 exchange of the DreamWorks campus with acquisitions of the McKesson property in Scottsdale, AZ and the Shaw Industries facility in Port Wentworth (Savannah), GA,” said Chairman and CEO of the REIT, Kevin Shields. “We renewed five leases for approximately 1.8 million square feet, of which four leases totaling approximately 382,000 square feet were long-term extensions, and one lease for approximately 1.4 million square feet is a short-term extension. We believe these actions further solidify our existing portfolio of business-essential assets and puts us in a strong position to continue generating income for our shareholders.” Read More

Griffin Capital Essential Asset REIT Closes $125 Million Perpetual Preferred Private Offering Shares Purchased by Korean Trust

August 13, 2018

“After several months of relationship building, we could not be more pleased to have completed the first leg of this equity transaction,” said Kevin A. Shields, Chairman and Chief Executive Officer of the REIT. “It was a pleasure to work closely with Hana Financial and the teams at both NH and Shinhan and we hope this is the first in a series of transactions we can accomplish together.” Read More

Griffin Capital Essential Asset REIT Hits Milestone with Payment of its May Monthly Distribution

June 11, 2018

“This payment history milestone is a testament of the REIT’s commitment to providing robust and durable income to our shareholders,” said Kevin Shields, Chairman and Chief Executive Officer of Griffin Capital. “The payment also validates our strategy of purchasing office and industrial properties that we believe are essential to creditworthy tenants.” Read More

Griffin Capital Essential Asset REIT Reports 2018 First Quarter Results

May 16, 2018

We are pleased with our results, which reflect not only continued favorable market conditions, but also the strength of our value creation strategy, and the discipline we bring to bear in its implementation,” said Kevin Shields, Chairman and CEO of the REIT. “Our unique expertise as veteran operators, as well as acquirers, of complex commercial real estate positions us to deliver effectively on our objectives of generating stable income and long-term capital appreciation for the REIT’s shareholders. Looking ahead, we are excited about continued opportunities to drive value through careful acquisitions and dispositions of assets within our portfolio, with an ongoing emphasis on the highest quality properties in fast-growing metropolitan markets across the country.” Read More

Griffin Capital Essential Asset REIT Completes Acquisition of The Shaw Distribution Center - Northport Building C

May 07, 2018

Commenting on the acquisition, Eric Kaplan, Griffin Capital’s Managing Director – Acquisitions, stated, “The acquisition of the Shaw Distribution Center presented the opportunity to add a state-of-the-art, Class “A” industrial asset to our expanding portfolio. This property is strategically located near the Port of Savannah, one of the fastest growing ports and fourth largest in the country. The combined factors of the long lease commitment, solid tenant credit characteristics, and the fact that Savannah is the sole point of entry for the tenant on the East Coast, made this an attractive investment for the REIT and its shareholders.” Read More

Media Contacts

Jennifer Nahas

Vice President, Marketing
Griffin Capital Company, LLC

Office Phone: 949-270-9332 Cell Phone: 949-433-6860

News & Announcements

Media Contacts

Jennifer Nahas

Vice President, Marketing
Griffin Capital Company, LLC

Office Phone: 949-270-9332 Cell Phone: 949-433-6860

More Press Releases

Griffin insights

Media Contacts

Jennifer Nahas

Vice President, Marketing
Griffin Capital Company, LLC

Office Phone: 949-270-9332 Cell Phone: 949-433-6860

More Press Releases

News & Updates

Media Contacts

Jennifer Nahas

Vice President, Marketing
Griffin Capital Company, LLC

Office Phone: 949-270-9332 Cell Phone: 949-433-6860

Haven Tower Group LLC

Joseph Kuo

424-652-6520 ext. 101

Julius Buchanan

424 652 6520 ext. 114