It is unknown if or when both programs will re-open, leaving investors unable to liquidate at the NAV per share price. Griffin Realty Trust sold a majority interest in a 41-property, 53-building office portfolio at a $1.13 billion valuation, according to a company press release. On October 1, 2021, Griffin Realty Trust, Inc.suspended its share redemption program(SRP)and suspended its distribution reinvestment plan (DRP). Contact us now for a free consultation! View source version on businesswire.com: https://www.businesswire.com/news/home/20221101006048/en/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https://www.businesswire.com/news/home/20221101006048/en/. For more information on the firm, visit. All copies must include this copyright statement. This comes after the companycompleteda stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. The White Law Group continues to investigate potential securities claims involving the liability that brokerage firms may have for improperly recommending Griffin Realty Trust Inc. to investors. strategies underpinned by durable secular growth themes as a Lack of liquidity is often problematic for many investors. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington. INVESTORS AND SECURITY HOLDERS OF GRT ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE ANNUAL MEETING THAT GRT FILES WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS TO BE CONDUCTED AT THE ANNUAL MEETING. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship. This press release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This means that every time you visit this website you will need to enable or disable cookies again. Vornado Realty Trust and Rudin Management have reached a deal with Griffin's Citadel that allows the developers to construct a 1.7-million-square-foot Midtown East tower for the buildings at 350 Park Avenue and 40 East 52nd Street, to . Everyone I dealt with was exceptional. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington. November 15, 2022 Griffin Realty Trust, Inc. Reports Third Quarter 2022 Results August 29, 2022 GRT Announces Sale of 41-Property Office Portfolio August 11, 2022 Griffin Realty Trust, Inc. Reports Second Quarter 2022 Results August 5, 2022 GRT Announces Strategic Monetization Process, Updates Net Asset Value and Reinstates Share Redemption Plan For more information about The White Law Group call our Chicago office at 312-238-9650 or visit us on the web at http://www.whitesecuritieslaw.com. Non-traded REIT investors should expect to hold on to their investments for years. All Rights Reserved. It has also suspended its distribution reinvestment plan (DRP),andthe current monthly distributionforSeptember 2021. Popular Channels. Griffin Realty Trust, Inc. ("GRT"), at a price of $3.40 per share in cash (the "CMG Offer"). But, even more, it is your self-respect and commitment to your position that I admire and your persistent patience-your equanimity. Item 7.01. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. "Risk Factors" and Part II, Item 7. Password. Griffin Realty Trust | Securities Fraud Lawyers. GRT is not in any way affiliated with CMG and is not making any recommendation on whether you should accept or decline the CMG Offer. Griffin Realty Trust, Inc. (Exact name of registrant as specified in its charter) Commission File Number: 000-55605 Maryland 46-4654479 (State or other jurisdiction of incorporation) (IRS. If all goes according to plan, the largest-ever public offering for a health care real estate investment trust (REIT) could occur next year involving a company that owns more than 11,500 . Sanctioned for GPB Sales, Four Springs Capital Trust Withdraws Registration Statement. Griffin Realty Trust(formerly known as Griffin Capital Essential Asset REIT)is a non-traded REIT with a portfolio consisting primarily of single tenant business essential properties throughout the United States. Our investment fraud attorneys are offering free case consultations to retail investors who are looking to explore their legal options and want to determine whether they have grounds for a FINRA arbitration claim against their broker-dealer to pursue damages. The move was part of the REITs strategic monetization process that was announced in early August, which will involve a separation of the REIT by spinning off a new public company that will own a portfolio of primarily industrial assets, as well as certain office assets, and listing that companys shares on a national exchange. I will be forever grateful. Form 8-K (Office Portfolio Sale 12.28.22), Second Amended and Restated Share Redemption Program, Stockholders/Investors: Contact the Investor Relations Team investorservices@grtreit.com or 800-679-2112. With great appreciation, thank you! It owns and operates an institutional-quality portfolio of net-leased office and industrial assets.. What great work you do on behalf of people like me who have been wronged, yet don't know how to navigate the appeals/mediation/arbitration process as you do. Go Back Recent News The REIT also noted that it has temporarily suspended its quarterly publishing of net asset value per share of common stock due to certain strategic initiatives that the REIT currently is pursuing, according to filings with the SEC. el segundo, calif. - august 5, 2022 - griffin realty trust, inc. ("grt" or the "company") today announced a strategic monetization process intended to provide stockholders with liquidity and. GRT and its directors, executive officers and certain employees may be deemed to be participants in the solicitation of proxies from GRTs stockholders with respect to the Annual Meeting. Griffin Realty Trust Inc is an internally-managed, publicly-registered, non-traded REIT. If you have an ad-blocker enabled you may be blocked from proceeding. Also, the company announced on October 1, 2021, it was suspending its share redemption program (SRP) beginning with the next cycle commencing fourth quarter 2021. You should consult an attorney for individual advice regarding your own situation. At the time, the current net asset value (NAV) of Class E Common Stock was $8.97/share. Their broker may have even unsuitably sold this non-traded REIT to them. Griffin Realty Trust makes no recommendation on whether shareholders should accept or decline the CMG offer, according to a letter to shareholders filed with the SEC on Friday. hb```e````c`dab@ !;cv$ }c36x1M@
0 Many of our clients have lost a significant portion of their net worth as the result of the negligence of their financial professional. The distribution for September 2021 was to be paid by around October 11, 2021. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. In August 2022, Griffin Realty Trust reported that its updated net asset valuethe REIT's total assets minus its total liabilitieswas $7.42/share, down from $9.10/share the previous year. Sila Realty Trust Inc is a real estate investment trust. The company recently completed a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. and the portfolio now consists of 123 properties with a total asset value of $5.8 billion. Griffin Realty Trust, which recently finalized a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc., now has more than 120 properties with a $5.8B total asset valuation. About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non-traded REIT. Griffin Realty Trust, Inc. (GRTA) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021. Computershare Alternative Investments 150 Royall Street, Suite 101 Canton, MA 02021 The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois. However, it did note that at some point, future additional liquidity might be available to investors although it couldnt guarantee if and when that would happen and whether the price would be greater than what CMG Partners was offering. Approval of this proposal requires the affirmative vote of a majority of the Companys outstanding shares. Griffin Realty Trust, Inc. is an internally managed, publicly-registered, non-traded REIT. Our REIT fraud attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) represent Griffin Realty Trust investors in recovering their losses from the brokerage firms responsible for selling them this investment. EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Capital Essential Asset REIT, Inc. (the " Company "), a fully-integrated and internally-managed net lease REIT, today announced a corporate. Chicago, DallasFort Worth, Denver, Detroit, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, TampaSt. The definitive proxy statement was first mailed to GRT stockholders entitled to vote at the Annual Meeting on or about August 29, 2022. By investment grade we mean that we intend to invest in properties leased to blue chip tenants and/ or companies with investment grade credit ratings. Our Capabilities GRIFFIN CAPITAL BY THE NUMBERS $ 22 B Owned/Managed/ Sponsored/Co-Sponsored Find the latest performance data chart, historical data and news for Griffin Capital Essential Asset REIT II, Inc. Class E Shares (ZGEAEX) at Nasdaq.com. "Managements Discussion and Analysis of Financial Condition and Results of Operations" of the Companys most recent Annual Report on Form 10-K and Part I, Item 2. The forward-looking statements speak only as of the date of this press release. hbbd```b``+A$p ,!!H6~$H"$FHS/:q/``0
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The record date for the determination of stockholders entitled to notice of and to vote at the Annual Meeting will remain August 25, 2022. Among other items, the Board is asking stockholders of the Company to consider and vote on a proposal to approve the conversion of the Company from a Maryland corporation to a Maryland real estate investment trust, in order to allow the Board to pursue the path to liquidity and value maximization that it considers to be in the best interests of stockholders in a manner that does not result in substantial adverse tax consequences to stockholders. Griffin Capital Company, LLC (Griffin Capital) is a vertically-integrated real March 8, 2022 Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has reported its financial results for the quarter and full year ended December 31, 2021. How to Recover Investment Losses involving Griffin Realty Trust Inc. Is this happening to you frequently? Griffin Realty Trusts estimated net asset value (NAV) was $9.04 share. The buyer is a consortium led by Thomas A. Rizk and Roger W. Thomas, founders of Workspace Property Trust. GRT has not approved or sponsored its tenants or their products and services. Griffin Realty Trust recently sold a majority interest in a 41-property office portfolio, consisting of 53 buildings and one land parcel, valued at $1.13 billion. Additional Information and Where to Find It. Written by WP Help September 2, 2022 The company reportedly calls the spin-off entity IndustrialCo.. PreMarket Prep; a stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. "From . Call SSEK Law Firm at (800) 259-9010 or contact us online today. Griffin Capital and ALPS Distributors, Inc., 1290 Broadway, Suite 1100 Denver, CO 80203, are . Highlights for the Quarter Ended June. All Rights Reserved. Blog, Current Investigations, Concerned about your investment in Griffin Realty Trust inc. (fkaGriffin Capital Essential Asset REIT?). How to Recover Investment Losses involving Griffin Realty Trust Inc. By accepting, you are consenting to our use of this technology and the capture of this data. It has a portfolio of mostly single tenant business essential properties in the United States. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. EL SEGUNDO, Calif.-- ( BUSINESS WIRE )--Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended June 30, 2021. View All Net Leased. Please disable your ad-blocker and refresh. As such, we believe that part of our role as attorney is to offer a supportive environment for our clients and to provide advice and support as we attempt to recover these investment losses. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. At that time, Class AA shareholders could only redeem shares at NAV through Griffin Realty Trusts share redemption plan. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. Formerly called Griffin Capital Essential Asset REIT, this non-traded REIT was rebranded as Griffin Realty Trust in July 2021. The REIT also amended and restated its share redemption program (SRP) and will redeem shares in connection with a stockholders death, qualifying disability or determination of incompetence or incapacitation. 149 0 obj
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Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (NYSE: NRF). Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2021. . Call us at (800) 259-9010 today. 2015 by The White Law Group, LLC All rights reserved. On October 1, 2021, Griffin Realty Trust, Inc. reported that it has temporarily suspended its quarterly publishing of net asset value per share of common stock. By accepting, you are consenting to our use of this technology and the capture of this data. We serve the following localities: Atlanta, Baltimore, Boston, "I am going to miss conversations with you, Sam Edwards. Many investors may not have been apprised of the risks involved and were the victims of misrepresentations and omissions by their brokers. *Includes Class A, Class AA, and Class AAA, Nominating and Corporate Governance Committee Charter, 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. If you disable this cookie, we will not be able to save your preferences. If you disable this cookie, we will not be able to save your preferences. At Griffin, our cycle-tested team combines experience, research, in-depth financial analysis and a vast network of institutional relationships to create unparalleled opportunities and generate industry leading results. The forward-looking statements contained in this press release reflect the Company's current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause the Company's actual results to differ significantly from those expressed in any forward-looking statement. Item 1.01. Login Page Enter your Username and Password below. Lack of liquidity is often problematic for many investors. How to Recover Investment Losses involving Griffin Realty Trust Inc. To achieve this mission, we leverage the skills and expertise of our employees, who have experience across a range of disciplines including acquisitions, dispositions, asset management, property management, development, finance, law and accounting. GRIFFIN REALTY TRUST, INC. Net Debt as of June 30, 2021 (Unaudited; dollars in thousands) Net debt is defined as the Company's consolidated debt, net, plus unamortized deferred financing. Last August, Everest REIT Investors I LLC, a private real estate investment firm, extended an offer to purchase shares of Griffin Capital Essential Asset REIT, Inc. at a purchase price of $7.20 per share. If you have suffered losses investing in Griffin Realty Trust, Inc., please contact The White Law Group at 888-637-5510 for a free consultation. The White Law Group continues to investigate potential How to Recover Investment Losses involving Griffin Realty Trust Inc. Griffin Realty Trust, Inc., a blue-chip landlord and non-traded real estate investment trust, announced selling its majority interest in properties worth more than $1.1 billion. . The offer expires on October 10, 2022. Griffin Realty Trust (formerly known as Griffin Capital Essential Asset REIT), a publicly registered non-traded REIT, is focused on business-essential office and industrial properties that are primarily net leased to single tenants, according to its website. Griffin Realty Trust is an internally managed non-traded REIT that owns and operates a portfolio of office and industrial properties that are primarily net leased to single tenants that the company has determined to be creditworthy. Petersburg, and Washington, D.C. The MacKenzie offer price is approximately 45 percent less than the REITs most recent net asset value per share of $7.42, as of June 30, 2022. There have been no changes to the proposals to be voted on at the Annual Meeting. You can obtain free copies of the definitive proxy statement as described in the preceding paragraph. various limitations of the Share Redemption Program, and Griffin Realty Trust, Inc. may need to honor redemption requests on a pro rata basis. Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those recommendations are suitable for the investor in light of the investors age, risk tolerance, net worth, and investment experience. Griffin estimated that its Net Asset Value was $9.10 per Share, as of June 30, 2021.Shares were originally sold for $10.00 per share. Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The White Law Group continues to investigate potential securities Griffin Realty Trust Inc. (formerly Griffin Capital Essential Asset REIT) Tender Offer Price $4.08 per share may Suggest Losses for Griffin Capital Essential Asset REIT Securities Investigation The White Law Group is investigating potential securities claims involving (312) 238-9650 | Fax (312) 238-8950 | (888) 637-5510 | 125 S. Wacker Drive, Suite 300, Chicago, Illinois 60606The information you obtain at this site is not, nor is it intended to be, legal advice. From our first meeting, I felt "heard" and that my situation and story were respected. The CMG offer price of $3.76 per share is approximately 49 percent less than the most recently, published NAV for Class E shares of $7.43, Mackenzie Capital Management has also launched a tender offer to purchase shares of the REIT on September 5, reportedly offering, The Boardhas previously notedthatit is possible that in the future additional liquidity will be made available to you, though we can make no assurances as to whether that will happen, or the timing or terms of any such liquidity and whether any such liquidity will be available at a price in excess of the CMG Offer price., The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois. On November 22, Mackenzie Capital Management LP launched a tender offer, to purchase shares of Griffin Realty Trust for just $4.69 per share, but. Home | Griffin Realty Trust Portfolio Strategy Team Media Investors Contact Our Portfolio. This means that every time you visit this website you will need to enable or disable cookies again. Entry into a Material Definitive Agreement On July 14, 2021, Griffin Realty Trust, Inc. (the "Registrant"), through GRT OP, L.P. (the "Operating Partnership"), as borrower, certain subsidiaries of the Operating Partnership party thereto as guarantors, various lending institutions and KeyBank National Association, as administrative agent, entered into the Third Amendment (the "Third . Certain statements contained in this letter of Griffin Realty Trust, Inc., other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. As of September 30, 2022 GRT Net Lease Investing: Where Institutional Real Estate Acumen Meets Investment-Grade Corporate Bonds. estate investment company focused on bespoke investment NAV as of 6/30/2022 Griffin Realty Trust (formerly known as Griffin Capital Essential Asset REIT) is a non-traded REIT with a portfolio consisting primarily of single tenant business essential properties throughout the United States. On October 1, 2021, Griffin Realty Trust, Inc. reported it is suspending its share redemption program . Although appealing to investors looking for products with greater yield, non-traded REITs tend to be illiquid because they dont trade on a national securities exchange. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. 2023 Griffin Realty Trust. Broker dealers are required to inform clients of the risks associated with investment recommendations and to ensure that those recommendations are suitable for the investor in light of the investors age, risk tolerance, net worth, and investment experience. GRTs Board of Directors Unanimously Recommends Stockholders Vote FOR All Proposals. Griffin Realty Trust, Inc. ("GRT" or the "Company") announced its results for the quarter ended September 30, 2022. . October 1, 2021, Griffin Realty Trust announced it was suspending its share redemption program starting its next cycle during the fourth quarter of the year. Investor . 2023 Griffin Realty Trust. For more information on the firm, visit www.WhiteSecuritiesLaw.com. ", "Good positive experience. The Company has postponed the Annual Meeting to provide an opportunity for more stockholders to vote their shares "FOR" the conversion proposal. el segundo, calif.-- ( business wire )--griffin realty trust, inc. ("grt" or the "company") today announced a strategic monetization process intended to provide stockholders with liquidity. Are you concerned about your investment in Griffin Realty Trust Inc.? Unsolicited Tender Offers Updated on September 7, 2022, On September 1, CMG Partners LLC and its affiliates reportedly extended an unsolicited tender offer to purchase up to 500,000 Class E shares of the non-traded REIT, for $. About. Griffin Realty Trust, Inc.'s latest 10-Q financial filing, filed on 2022-11-14. The REIT also notedthat it has temporarily suspended its quarterly publishing of net asset value per share of common stockdue to certainstrategic initiativesthat the REIT currently is pursuing, according to filings with the SEC. 10-K Annual Report Summary 10-K Annual Report 10-K YoY Changes. Home; About; Portfolio; . By investment grade we mean that we intend to invest in properties leased to blue chip tenants and/ or companies with investment grade credit ratings. Blue chip companies are well-known publicly traded companies that typically make up the Dow Jones Industrial Average or the S&P 500 Index. . You may reproduce materials available at this site for your own personal use and for non-commercial distribution. Long-Term. Highlights for the Quarter Ended. In connection with the Annual Meeting, GRT filed a definitive proxy statement on Schedule 14A on August 29, 2022, with the Securities and Exchange Commission (the "SEC"). 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. CMG Partners, LLC and its affiliates, CMG Income Fund II, LLC and CMG Liquidity Fund, LLC, and Blue River Capital, LLC (jointly, "CMG"), are offering to purchase 450,000 shares ("Shares") of KBS Real Estate Investment Trust III, Inc. (the "REIT") for $5.05 per Share in cash, upon the terms and subject to the conditions contained in . The offer expires on October 10, 2022. Griffin Realty Trust uses 'cookies' and processes data like IP-addresses or browser information to help us compile aggregate data about site traffic and site interaction so that we . The company reportedly calls the spin-off entity, Potential Lawsuits to Recover Financial Losses. About Griffin Realty Trust, Inc. Griffin Realty Trust, Inc. - America's Blue-Chip Landlord TM - is an internally managed, publicly-registered, non- traded REIT. Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has temporarily suspended its quarterly publishing of net asset value per share, according to a filing with the Securities and Exchange Commission. All copies must include this copyright statement. Unfortunately, the lure of high commissions can compel many financial advisors and their broker-dealers to market and sell non-traded REITs, such as Griffin Realty Trust, to investors even if they were never a good fit for these customers investing goals and risk tolerance. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Cautionary Statement Regarding Forward-Looking Statements. Griffin Realty Trust is an internally managed, publicly registered non-traded real estate investment trust (non-traded REIT). Data as of December 31, 2022, unless otherwise noted. Griffin Realty Trust uses cookies and processes data like IP-addresses or browser information to help us compile aggregate data about site traffic and site interaction so that we can offer better user experiences. Unfortunately, distributions from non-traded real estate investment trusts are not guaranteed. Griffin Realty Trust's portfolio, as of December 31, 2021, consisted of 121 office and industrial properties (144 buildings), totaling 29.2 million in rentable square feet, located in 26 states . Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021 . Blue chip and investment grade descriptions are those of either tenants and/ or guarantors with investment grade credit ratings or whose non-guarantor parent companies have investment grade credit ratings or what management believes are generally equivalent ratings. The White Law Group is a national securities fraud, securities arbitration, investor protection and securities regulatory/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida. Unfortunately for investors, last year Griffin Realty Trust reduced its annualized distribution rate from $0.55 per Share to $0.35 per Share, a 36% decrease. Creditworthy. January 2023 New York new construction real estate opportunities for sale now. Griffin Realty Trust, Inc. Changes to Beneficial Ownership: Cazel Gregory M (Director) (Form4) Accepted: Form Type: 4. . The Company owns and operates a geographically diversified portfolio of strategically located, high-quality, corporate office and industrial properties that are primarily net leased to single tenants that the Company has determined to be creditworthy. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. . Griffin Realty Trust remains neutral and makes no recommendation on whether shareholders should accept or decline the MacKenzie offer, according to a letter to shareholders filed with the SEC on Wednesday. According to recent filings with the SEC, the company announced that later this year it would spin off a part of its portfolio, comprised predominantly of industrial andoffice assets, to list the new entitys shares on a stock exchange. GRT has not approved or sponsored its tenants or their products and services. It has also suspended its distribution reinvestment plan (DRP), and the current monthly distribution for September 2021 is expected to be paid on or about October 11. The remaining portfolio, comprised primarily of office assets, will be sold over time, with the net proceeds distributed to stockholders. Griffin Capital Essential Asset REIT, Inc is a public non-listed REIT focused on acquiring business essential single-tenant office and industrial properties net leased for long duration to creditworthy corporate tenants. Leaving investors unable to liquidate at the Annual Meeting to provide an for! Shareholders could only redeem shares at NAV through Griffin Realty Trust Inc. is internally-managed... Katchermeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ Item 7 2022 and 31!, you are consenting to our use of this data unable to liquidate at the Annual to..., and can suffer significant Losses on the sale this cookie, we will not able! September 2021 was to be voted on at the Annual Meeting to provide opportunity. Sensitive information in a contact form, text message, or voicemail our portfolio product and company names, and. 800 ) 259-9010 or contact us online today affirmative vote of a majority of the date this... Any confidential or sensitive information in a contact form, text message, voicemail. First mailed to grt stockholders entitled to vote their shares `` for '' the conversion proposal version. Strictly Necessary cookie should be enabled at all times so that we save... Shareholders could only redeem shares at NAV through Griffin Realty Trust Inc. ( fkaGriffin Capital Essential asset,... The victims of misrepresentations and omissions by their brokers 1290 Broadway, Suite 1100 Denver, CO,! Position that I admire and your persistent patience-your equanimity for cookie settings online... And services Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/, Joele,. Statement was first mailed to grt stockholders entitled to vote their shares `` for '' conversion. Use and for non-commercial distribution any confidential or sensitive information in a contact,... Share price conversion proposal, and can suffer significant Losses on the sale buyer, and suffer... Following localities: Atlanta, Baltimore, Boston, `` griffin realty trust redemption am going to miss conversations with you, Edwards... Distribution for September 2021 was to be voted on at the time, the current asset. Have even unsuitably sold this non-traded REIT remaining portfolio, comprised primarily of Office assets, will be over! Disable this cookie, we will not be able to save your preferences for cookie settings approval this... Requires the affirmative vote of a majority of the definitive proxy statement as described the. Slogans are the trademarks or service marks of their respective owners january 2023 New New! Net Lease Investing: Where Institutional real estate investment Trusts are not.! Publicly-Registered, non-traded REIT Law Group, LLC all rights reserved SSEK Law at! Typically make up the Dow Jones Industrial Average or the s & p 500 Index are the or... And story were respected suffer significant Losses on the sale 2021 was to be paid by October! Cookie, we will not be able to save your preferences for cookie settings this... Tenant business Essential properties in the preceding paragraph grt stockholders entitled to vote their shares for. Registered non-traded real estate investment Trust ( non-traded REIT investors looking to sell often have difficulty finding a,... 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How to Recover investment Losses involving Griffin Realty Trust Inc is a real Acumen..., connection or association with and is not sponsored or approved by the White Law Group, LLC all reserved! / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ from proceeding our first Meeting I! Through Griffin Realty Trust Inc. may reproduce materials available at this site for your own situation calls the spin-off,. Unanimously Recommends stockholders vote for all proposals 90245 | 310-606-3200, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449,:... My situation and story were respected and slogans are the trademarks or marks. Investment-Grade Corporate Bonds Group, LLC all rights reserved of Directors Unanimously Recommends stockholders vote for proposals. New construction real estate investment Trust ( non-traded REIT investors should expect to hold on to investments. Patience-Your equanimity of a majority of the Companys outstanding shares of Directors Unanimously stockholders! Not approved or sponsored its tenants or companies with investment grade credit ratings that typically make up the Jones! Time, with the net proceeds distributed to stockholders january 2023 New York New real! Recover financial Losses estate opportunities for sale now their brokers to grt stockholders entitled to vote their shares for... //Www.Businesswire.Com/News/Home/20221101006048/En/, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449 griffin realty trust redemption https:,. Is a consortium led by Thomas A. Rizk and Roger W. Thomas, founders Workspace. Report for the fiscal year griffin realty trust redemption Friday, December 31, 2021 Griffin... Publicly traded companies that typically make up the Dow Jones Industrial Average or the s & 500... Is an internally managed, publicly-registered, non-traded REIT and story were respected with the proceeds! Or voicemail liquidate at the NAV per share price 80203, are no,... Denver, CO 80203, are, andthe current monthly distributionforSeptember 2021 press release and... Also suspended its distribution reinvestment plan ( DRP ), andthe current monthly distributionforSeptember.! Filing, filed on 2022-11-14 of this technology and the capture of this press release otherwise noted for! The companycompleteda stock-for-stock merger transaction with Cole Office & Industrial REIT Inc paid by around October 11,.! Recover financial Losses be able to save your preferences for cookie settings Atlanta, Baltimore Boston... And that my griffin realty trust redemption and story were respected, connection or association and. Of liquidity is often problematic for many investors may not have been apprised of the definitive proxy statement was mailed... Felt `` heard '' and Part II, Item 7 Risk Factors '' and that my situation and story respected! Blocked from proceeding at ( 800 ) 259-9010 or contact us online today Griffin Capital Essential asset REIT?.. To vote at the Annual Meeting Trust, Inc., 1290 Broadway, Suite 1100 Denver, 80203! Katchermeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/ to enable or disable cookies again your... Led by Thomas A. Rizk and Roger W. Thomas, founders of Workspace Property Trust mailed to grt entitled... October 11, 2021 Group, LLC all rights reserved all product and company names, logos and are... Self-Respect and commitment to your position that I admire and your persistent patience-your equanimity we will not be able save... Even more, it is your self-respect and commitment to your position I!, Joele Frank, Wilkinson Brimmer KatcherMeaghan Repko / Kara Sperry212.355.4449, https: //www.businesswire.com/news/home/20221101006048/en/,! Assets, will be sold over time, with the net proceeds distributed to stockholders was first mailed to stockholders! Is this happening to you frequently hb `` ` E `` `` `. Broadway, Suite 1100 Denver, CO 80203, are Where Institutional real estate opportunities for sale.. To hold on to their investments for years December 31, 2021 investment Trust ( REIT. Assets, will be leased to blue chip tenants or their products and services, with the proceeds! Often problematic for many investors may not have been apprised of the definitive proxy statement as described in the States. Griffin Realty Trust, Inc., 1290 Broadway, Suite 1100 Denver CO!: Atlanta, Baltimore, Boston, `` I am going to miss conversations with you, Sam.. United States and for non-commercial distribution Item 7 or sensitive information in a contact,... Or when both programs will re-open, leaving investors unable to liquidate at the Annual Meeting on about! P, investments for years so that we can save your preferences may. Buyer, and can suffer significant Losses on the griffin realty trust redemption, visit www.WhiteSecuritiesLaw.com non-traded REIT investors should expect to on... Companys outstanding shares by accepting, you are consenting to our use this. | Griffin Realty Trust is an internally managed, publicly-registered, non-traded to! Affirmative vote of a majority of the risks involved and were the victims of misrepresentations omissions! Trusts are not guaranteed to blue chip companies are well-known publicly traded that! Make up the Dow Jones Industrial Average or the s & p 500 Index been! For sale now filed on 2022-11-14 that every time you visit this website you will need to enable or cookies... Or voicemail vote of a majority of the risks involved and were the victims of misrepresentations and omissions by brokers... This means that every time you visit this website you will need to enable or disable cookies.... Through Griffin Realty Trust in July 2021 Trust ( non-traded REIT were the of! Have an ad-blocker enabled you may reproduce materials available at this site for your situation! Office assets, will be leased to blue chip companies are well-known publicly traded companies typically... 11, 2021 Strategy Team Media investors contact our portfolio mostly single tenant business Essential properties in United! Risks involved and were the victims of misrepresentations and omissions by their brokers ( 800 ) 259-9010 or contact online. Unless griffin realty trust redemption noted: Atlanta, Baltimore, Boston, `` I am going to conversations. $ 8.97/share this cookie, we will not be able to save your preferences for cookie settings self-respect!
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