2018 Press Releases

April 12, 2018

Griffin Capital Essential Asset REIT Completes Acquisition of McKesson Scottsdale Campus

The Property was owned and developed by Ryan Companies US, Inc. as a build-to-suit for McKesson Corporation, which leased the Property for an initial term of approximately 10 years, expiring on February 28, 2028. The seller was represented by Chris Toci, Chad Littell, Greg Mayer and Jim Wilson of Cushman & Wakefield.

March 20, 2018

Griffin Capital Essential Asset REIT Completes Acquisition of Quaker Sales and Distribution Facility

Griffin Capital Company, LLC (“Griffin Capital”) announced today on behalf of Griffin Capital Essential Asset REIT, Inc. (the “REIT”), the acquisition of the Quaker Sales and Distribution facility (the “Property”) at a purchase price of $59.60 million.

March 20, 2018

Griffin Capital Essential Asset REIT Reports 2017 Results

“We are proud of our 2017 results,” said Kevin Shields, Chairman and CEO of the REIT. “As we remain focused on our goals of delivering stable income and long-term capital appreciation through focused acquisitions and dispositions, along with our disciplined management of top properties in fast-growing metropolitan markets, we believe the REIT remains positively positioned for the future.”