August 15, 2019

Griffin Capital Essential Asset REIT Reports 2019 Second Quarter Results

“The second quarter of 2019 is our first opportunity to demonstrate the financial benefits the REIT is experiencing as a result of the merger,” said Michael Escalante, Chief Executive Officer, of the REIT. “The REIT is now self-managed, resulting in a significant reduction in general and administrative expenses as it is no longer subject to asset management fees, performance fees, and other costs typically incurred by externally-managed REITs.” Read More

Griffin Capital Closes First Opportunity Zone Land Acquisition In Aurora (Denver), Colorado In Joint Venture With Legacy Partners

August 05, 2019

Kevin Shields, Chairman and CEO of Griffin Capital stated, “We could not be more thrilled to acquire our first QOZ land parcel and commence development. We have assembled an outstanding group of best-in-class multifamily development partners with seven great properties, all but one of which were in the respective developer’s forward pipeline prior to the OZ legislation having been finalized; these opportunities were culled from over $3 billion of potential investment opportunities underwritten by our real estate team.” Read More

Griffin Capital Essential Asset REIT Executes New Lease Transaction with Fortune 100 Company

July 24, 2019

Michael Escalante, Chief Executive Officer of the REIT stated, “We are pleased to have garnered such overwhelming support from our shareholders for the approval of the completion of the merger of Griffin Capital Essential Asset REIT and Griffin Capital Essential Asset REIT II, which closed subsequent to first quarter on April 30, 2019. As we have recently stated, the transaction significantly increased the size, scale, and diversification of the REIT. Furthermore, the merger brings additional long-term benefits to our shareholders which we expect will become more evident in our financial statements as we progress through 2019 and beyond.” Read More

Griffin Institutional Access Real Estate Fund Celebrates Five-Year Anniversary

July 09, 2019

Griffin Capital Company, LLC (“Griffin Capital”) announced today that its Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX; the "Fund") observed its fifth anniversary on June 30, 2019. Read More

Griffin Institutional Access Real Estate Fund Announces Second Quarter Distribution

June 21, 2019

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 $0.361 for Class A, $0.351 for Class C, $0.365 for Class I, $0.360 for Class L, and $0.357 for Class M, or a 5.22% annualized distribution rate. The distribution will be payable on June 28, 2019 to shareholders of record as of June 20, 2019, with an ex-dividend date of June 21, 2019. Read More

Finsbury
Joe Berg

Director

310-633-9446

News & Announcements

Finsbury
Joe Berg

Director

310-633-9446

More Press Releases

Griffin insights

Finsbury
Joe Berg

Director

310-633-9446

More Press Releases

News & Updates

Finsbury
Joe Berg

Director

310-633-9446