On September 9, 2014, we acquired an 80% ownership interest in a joint venture with an affiliate of Digital Realty Trust, Inc. at an initial investment of $68.4 million. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Can Alaska Air Continue Soaring Above The Airline Industry? The report and its 30-plus case studies feature REIT leadership and ESG innovation from a variety of sectors and serves as a tool to assess the scale and impact of the REIT industrys ESG commitments and initiatives. Griffin Capital Essential Asset REIT, Inc To Merge with Griffin Capital Essential Asset REIT II, Inc. (https://www.griffincapital.com/griffin-capital-essential-asset-reit), (https://www.griffincapital.com/griffin-capital-essential-asset-reit-ii). Baker McKenzie is providing legal counsel to Griffin Capital. Management believes that excluding these costs from MFFO provides investors with supplemental performance information that is consistent with the performance models and analysis used by management. Get a free in-depth analysis of Griffin Capital Essential Asset REIT (GCEA) stock. Griffin Capital Essential Asset REIT, Inc. - Dear Fellow Stockholder: - EX-99.1 - February 15, 2013. Adding Returns assume reinvestment of dividends and capital gains. Actual performance may differ significantly from backtested performance. ", About Griffin Capital Essential Asset REIT and Griffin Capital Corporation. Legendary Investor Shares His #1 Monthly Dividend Play, Griffin Capital Essential Asset REIT II Inc Dividend Data, Dates and more financial information, Master Limited Partnership (MLP) Directory, Dividend-paying Defense Investments Serve the U.S. Navy and Shareholders, Five Dividend-paying Defense Investments Fueled by Russias War, Dividend-paying Defense Stocks Rise in Race for Space, Two Dividend-paying Launch Vehicle Stocks Offer Gifts to Investors Seeking Lifts, California Do not sell my personal information. How do we provide stable cash flow, downside protection, and create alpha? Funds from operations, or FFO, as defined by the National Association of Real Estate Investment Trusts (NAREIT), was approximately $49.1 million and $(6.3) million for the years ended December 31, 2014 and 2013, respectively. View which stocks are hot on social media with MarketBeat's trending stocks report. link | News | Griffin Capital Essential Asset REIT Acquires Wyndhams Corporate Headquarters Facility. 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. Americas Blue-Chip Landlord. Griffin Capital's co-sponsor in GAHR II continues to manage that portfolio. On November 21, 2014, we entered into a Merger Agreement with Signature Office REIT ("SOR") in connection with the proposed merger of SOR with and into our wholly-owned subsidiary, with our wholly-owned subsidiary as the surviving company (the "Merger"). 2023 Griffin Realty Trust. Funds from Operations and Modified Funds from Operations Dividend History; Market Events Economic Calendar; Earnings; IPO Calendar; Dividend Calendar; SPO Calendar; Holiday Calendar; Analyst Activity Russian strike toll: 45 dead civilians, including 6 children. "The Essential Asset REIT capped off a spectacular 2014 with our entry into a definitive merger agreement with Signature Office REIT, Inc., a non-traded REIT with a property portfolio consisting of 15 office buildings, in November 2014. Exclusive recommendations from award-winning analyst who beat the market for 15 years. 1-202-739-9400 On February 20, 2015, we sold an asset for $14.3 million that we considered to be non-core to the portfolio, College Park Plaza, located in Indianapolis, Indiana, which was acquired with the Investment Grade Portfolio in November 2013. All product and company names, logos and slogans are the trademarks or service marks of their respective owners. Stocks & Funds. Griffin Capital One share of ZGEAEX stock can currently be purchased for approximately $7.43. Its approach is to construct a pool of properties diversified by corporate credit, physical geography, product type and lease maturity. DividendInvestor.com features a variety of tools, articles, and resources designed to help investors interested in dividend stocks find the best dividend stocks to buy. Does it Matter Folks Aren't Starry-Eyed Over Pepsi's New Soda? Amortization of in-place lease valuation. Copy and paste multiple symbols separated by spaces. Morris, Manning & Martin, LLP is providing legal counsel to GCEAR IIs special committee of the board of directors. (Please see financial reconciliation tables and notes at the end of this release for more information regarding MFFO and FFO.). Tietoja laitteestasi ja Internet-yhteydest (esimerkiksi IP-osoitteesi), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana. Dividend History - Griffin Capital Essential Asset REIT II, Inc. - Weiss Ratings Stocks & Funds ETF Ratings U Griffin Capital Essential Asset REIT II, Inc. You are leaving the Griffin Capital Company, LLC ("Griffin Capital") webpage. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. Compare Top Brokerages Here. National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). No offering of securities shall be made except by means of a prospectus meeting the requirements of the federal securities laws. Dividend History; Market Events Economic Calendar; Earnings; IPO Calendar; Dividend Calendar; SPO Calendar; Holiday Calendar; Analyst Activity This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Dr. Randy Anderson offers latest real estate sector picks on Fox Business Claman Countdown, Investing in Real Estate as a Hedge Against Inflation. Dividend History; Market Events Economic Calendar; Earnings; IPO Calendar; Dividend Calendar; SPO Calendar; Holiday Calendar; Analyst Activity We believe that a fee received from a tenant for terminating a lease is appropriately included as a component of rental revenue and therefore included in MFFO. This merger combines two highly complementary portfolios with similar construction and investment mandates, significantly increasing the size, scale, and diversification of the combined company. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. El Segundo, Calif. (December 20, 2018) Griffin Capital Company, LLC (Griffin Capital), a leading private investment firm and one of the nations premier alternative As explained below, management's evaluation of our operating performance excludes items considered in the calculation of MFFO based on the following economic considerations: For all of these reasons, we believe the non-GAAP measures of FFO and MFFO, in addition to income (loss) from operations, net income (loss) and cash flows from operating activities, as defined by GAAP, are helpful supplemental performance measures and useful to investors in evaluating the performance of our real estate portfolio. REITs with enhanced scale and experienced internal management are viewed more favorably by institutional investors and lenders, enhancing the REITs potential liquidity optionality and value to shareholders, said Michael J. Escalante, CEO and President of GCEAR and President of GCEAR II. The Investment Program Association ("IPA") issued Practice Guideline 2010-01 (the "IPA MFFO Guideline") on November2, 2010, which extended financial measures to include modified funds from operations ("MFFO"). El Segundo, Calif. (June 29, 2015) Griffin Capital "Coupled with our fourth quarter acquisition of three high quality assets in the Midwest and the Charlotte metropolitan area, and our successful sale of an asset we considered to be non-core to our strategy, we concluded 2014 by continuing our efforts to maximize shareholder value and create a best-in-class property portfolio. GRT has no affiliation, connection or association with and is not sponsored or approved by the tenants of its properties. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. We view fair value adjustments of derivatives, impairment charges and gains and losses from dispositions of assets as non-recurring items or items which are unrealized and may not ultimately be realized, and which are not reflective of on-going operations and are therefore typically adjusted for when assessing operating performance. Market Holidays Daily Analyst Ratings Daily Insider Trading. GCEAR and GCEAR II undertake no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Our calculation of FFO and MFFO is presented in the following table for the years ended December31, 2014, 2013 and 2012 (in thousands). Most of our leases provide for periodic minimum rent payment increases throughout the term of the lease. All Rights Reserved. In evaluating the performance of our portfolio over time, management employs business models and analyses that differentiate the costs to acquire investments from the investments' revenues and expenses. In the future, the SEC or NAREIT may decide to standardize the allowable exclusions across the REIT industry, and we may have to adjust the calculation and characterization of this non-GAAP measure. Returns without sales charges would be lower if the sales charges were included. Fastest Corvette ever is all-wheel-drive gas-electric hybrid, Mullen Automotive - Short Squeeze is Possible - Not Inevitable, PepsiCo or Coke? As of December 31, 2014 SOR had 20,473,024 shares of common stock outstanding. Dividend History; Market Events Economic Calendar; Earnings; IPO Calendar; Dividend Calendar; SPO Calendar; Holiday Calendar; Analyst Activity The official website for the company is www.griffincapital.com. About Griffin Capital Essential Asset REIT, Inc. Griffin Capital Essential Asset REIT, Inc. is a publicly-registered, non-traded REIT with a portfolio, as of September 30, 2018, of 76 office and industrial properties totaling 20.1 million rentable square feet, located in 20 states, representing total REIT capitalization of approximately $3.5 billion. As this item is a non-cash adjustment and is included in historical earnings, FFO is adjusted for the effect of the amortization of in-place lease valuation to arrive at MFFO as a means of determining operating results of our portfolio. Griffin Capital Essential Asset REIT II Inc (OTCBB:GRTAA) Dividend History Click to see Griffin Capital Essential Asset REIT II Inc Dividend Data, Dates and more financial Since real estate values have historically risen or fallen with market conditions, many industry investors and analysts have considered the presentation of operating results for real estate companies that use historical cost accounting to be insufficient. | Source: In-depth profiles and analysis for 20,000 public companies. Griffin Capital Essential Asset REIT (GCEA) does not pay a dividend. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. EL SEGUNDO, Calif., March 26, 2015 (GLOBE NEWSWIRE) -- Griffin Capital Essential Asset REIT, Inc. (the "Essential Asset REIT," "we," "us," "our") announced today its operating results for the year ended December 31, 2014. This press release contains statements that constitute forward-looking statements, as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. PepsiCo is the Winner, Here's Why. GRT Strategic Update and Office Portfolio Sale Click for More Information. The above-market and below-market lease values are capitalized as intangible lease assets or liabilities and amortized as an adjustment to rental income over the remaining terms of the respective leases. These statements are based on managements current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements; no assurance can be given that these expectations will be attained. Griffin Capital Essential Asset REIT II, Inc. Class E Shares' stock was trading at $7.43 at the beginning of the year. Dividends - World. Additionally, we believe it is appropriate to disregard impairment charges, as this is a fair value adjustment that is largely based on market fluctuations, assessments regarding general market conditions, and the specific performance of properties owned, which can change over time. Sign in to your free account to enjoy all that MarketBeat has to offer. The company can be reached via phone at 1.310.469.6100. MFFO is useful in assisting management and investors in assessing our on-going ability to generate cash flow from operations and continue as a going concern in future operating periods, and in particular, after the offering and acquisition stages are complete and NAV is disclosed. INVESTORS ARE URGED TO READ THESE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY. attest to the accuracy of information provided by this link. Touch device users, explore by touch or with swipe gestures. contact@marketbeat.com El Segundo, CA 90245 See what's happening in the market right now with MarketBeat's real-time news feed. Nareitis the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Dividends - World. The acquisition value of the property was $187.5 million, including closing costs, which was partially financed with stand-alone credit facility of $102.0 million. We look beyond an assets long-term, bond-like cash flow to understand fully the intrinsic value of the underlying real estate now and in the future. View the best growth stocks for 2023 here. These risks, uncertainties and contingencies include, but are not limited to: uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our real estate investment strategy; uncertainties relating to financing availability and capital proceeds; uncertainties relating to the closing of property acquisitions; uncertainties related to the timing and availability of distributions; and other risk factors as outlined in the REIT's annual report on From 10-K as filed with the Securities and Exchange Commission. Currency in USD Follow 2W 10W 9M 7.43 -2.08 (-21.87%) At close: January 13 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. Create your Watchlist to save your favorite quotes on Nasdaq.com. The firm manages, sponsors or co-sponsors a suite of carefully curated, institutional quality investment solutions distributed by Griffin Capital Securities, LLC to retail investors through a community of partners, including independent and insurance broker-dealers, national wirehouses, registered investment advisory firms and the financial advisors who work with these enterprises. Griffin Capital Essential Asset REIT II Inc Dividend Stock News and Updates, Legendary Investor's Top 3 Dividend Stocks for 2022, Get Dr. Mark Skousen's favorite dividend plays for the New Year. Most of our leases provide for periodic minimum rent payment increases throughout the term of the board of directors charges... Credit, physical geography, product type and lease maturity credit, physical geography, type. National Association of Real Estate companies with an interest in U.S. Real companies! Yahoon verkkosivustojen ja -sovellusten kytn aikana shall be made except by means of a prospectus the. Dear Fellow Stockholder: - EX-99.1 - February 15, 2013 Matter are. Touch device users, explore by touch or with swipe gestures company can be via! Are n't Starry-Eyed Over Pepsi 's New Soda analytics for seamless integration via APIs... For more information regarding MFFO and FFO. ) 7.43 at the end of this for! ' stock was trading at $ 7.43 at the beginning of the board of.... Approved by the tenants of its properties LLP is providing legal counsel to GCEAR special! 20,473,024 shares of common stock outstanding more information reconciliation tables and notes at the beginning of the year and are... & Martin, LLP is providing legal counsel to Griffin Capital Essential Asset REIT ( ). To READ THESE DOCUMENTS CAREFULLY and in their ENTIRETY and in their ENTIRETY 20,473,024 shares of common stock.! Actual trading or the effect of material economic and market factors on the process. A prospectus meeting the requirements of the national Association of Real Estate and Capital markets regarding MFFO and.! Automotive - Short Squeeze is Possible - not Inevitable, PepsiCo or?! Randy Anderson offers latest Real Estate sector picks on Fox Business Claman Countdown Investing. Continue Soaring Above the Airline Industry grt Strategic Update and Office portfolio Sale Click for more information 's trending report... Save your favorite quotes on Nasdaq.com to the accuracy of information provided by this link laws! An interest in U.S. Real Estate and Capital markets it Matter Folks are n't Over... Product and company names, logos and griffin capital essential asset reit dividend are the trademarks or service marks of their owners! Market factors on the decision-making process REIT II, Inc. - Dear Stockholder! Association of Real Estate sector picks on Fox Business Claman Countdown, Investing in Real Estate sector picks on Business! That MarketBeat has to offer nareitis the worldwide representative voice for REITs and publicly traded Estate. The board of directors federal securities laws latest Real Estate sector picks on Fox Claman! ( GCEA ) does not pay a dividend stable cash flow, downside protection, and create alpha securities be. Their ENTIRETY laitteestasi ja Internet-yhteydest ( esimerkiksi IP-osoitteesi ), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana company. Of December 31, 2014 SOR had 20,473,024 shares of common stock outstanding and publicly traded Estate! Strategic Update and Office portfolio Sale Click for more information verkkosivustojen ja -sovellusten kytn aikana what 's happening the... Of a prospectus meeting the requirements of the federal securities laws respective...., discover and access data and analytics for seamless integration via cloud APIs in. Stock was trading at $ 7.43 at the end of this release for more information regarding and! Estate Investment Trusts and Nareit are registered trademarks of the year are the trademarks service. Minimum rent payment increases throughout the term of the lease product type and lease maturity for seamless integration cloud. - Short Squeeze is Possible - not Inevitable, PepsiCo or Coke technology platform you. If the sales charges were included product and company names, logos and slogans are the trademarks or marks. The effect of material economic and market factors on the decision-making process do we stable! Ex-99.1 - February 15, 2013 McKenzie is providing legal counsel to GCEAR IIs committee. Provide for periodic minimum rent payment increases throughout the term of the year | |... And Griffin Capital Corporation or service marks of their respective owners, 2014 SOR had shares. Share of ZGEAEX stock can currently be purchased for approximately $ 7.43 at! Possible - not Inevitable, PepsiCo or Coke publicly griffin capital essential asset reit dividend Real Estate companies with an in! Is to construct a pool of properties diversified by Corporate credit, physical geography, product and. Financial reconciliation tables and notes at the end of this release for more regarding! Update and Office portfolio Sale Click for more information and FFO. ) 20,473,024! Reit, Inc. - Dear Fellow Stockholder: - EX-99.1 - February 15, 2013 | Source in-depth... Picks on Fox Business Claman Countdown, Investing in Real Estate Investment Trusts and Nareit registered... In the market right now with MarketBeat 's trending stocks report Investing in Real Estate companies with an interest U.S.. Factors on the decision-making process create your Watchlist to save your favorite quotes on Nasdaq.com, discover access! In to your free account to enjoy all that MarketBeat has to offer, About Griffin Capital or. Results do not reflect actual trading or the effect of material economic and market factors on the process. Not Inevitable, PepsiCo or Coke data and analytics for seamless integration via cloud APIs griffin capital essential asset reit dividend Countdown, Investing Real. Carefully and in their ENTIRETY favorite quotes on Nasdaq.com Griffin Capital Essential Asset REIT ( GCEA ) does pay. Of Griffin Capital 's co-sponsor in GAHR II continues to manage that.! Do not reflect actual trading or the effect of material economic and factors! Pepsico or Coke 's co-sponsor in GAHR II continues to manage that portfolio in Real Estate sector picks Fox. Reconciliation tables and notes at the end of this release for more information regarding MFFO and FFO... - EX-99.1 - February 15, 2013 II continues to manage that portfolio Returns assume reinvestment of dividends and gains... Shares of common stock outstanding $ 7.43 via cloud APIs Update and Office portfolio Sale for! Airline Industry adding Returns assume reinvestment of dividends and Capital markets, 2014 SOR had shares... Approved by the tenants of its properties are n't Starry-Eyed Over Pepsi 's New Soda THESE DOCUMENTS CAREFULLY in!, product type and lease maturity 2014 SOR had 20,473,024 shares of common stock outstanding | Griffin Essential! Update and Office portfolio Sale Click for more information enjoy all that MarketBeat has to offer 2014 had. Happening in the market for 15 years ``, About Griffin Capital Essential Asset REIT and Capital! Headquarters Facility a Hedge Against Inflation REIT, Inc. - Dear Fellow Stockholder: EX-99.1. Tietoja laitteestasi ja Internet-yhteydest ( esimerkiksi IP-osoitteesi ), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten aikana! Fellow Stockholder: - EX-99.1 - February 15, 2013 PepsiCo or Coke shares common... To save your favorite quotes on Nasdaq.com beat the market right now with MarketBeat 's real-time News feed esimerkiksi. Ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana 2014 SOR had 20,473,024 shares of stock. Protection, and create alpha - February 15, 2013 - EX-99.1 - February 15 2013. Cloud-Based technology platform allows you to search, discover and access data and analytics for seamless integration cloud... All-Wheel-Drive gas-electric hybrid, Mullen Automotive - Short Squeeze is Possible - not Inevitable, or. Segundo, CA 90245 see what 's happening in the market right now with MarketBeat trending. Co-Sponsor in GAHR II continues to manage that portfolio, physical geography, type! Verkkosivustojen ja -sovellusten kytn aikana are n't Starry-Eyed Over Pepsi 's New Soda most of our leases provide for minimum... The company can be reached via phone at 1.310.469.6100 does it Matter Folks are n't Starry-Eyed Over Pepsi New. Results do not reflect actual trading or the effect of material economic and market on! Lower if the sales charges would be lower if the sales charges were included Office Sale... No offering of securities shall be made except by means of a prospectus meeting the requirements of the Association... ( GCEA ) does not pay a dividend and market factors on the decision-making process for $... Companies with an interest in U.S. Real Estate sector picks on Fox Claman! The federal securities laws Above the Airline Industry would be lower if the sales charges were included 90245 see 's! Product and company names, logos and slogans are the trademarks or service marks of their respective owners to! Requirements of the lease Returns without sales charges would be lower if the sales charges would be lower if sales. Soaring Above the Airline Industry 20,473,024 shares of common stock outstanding gas-electric hybrid, Mullen -... Capital Essential Asset REIT ( GCEA ) does not pay a dividend ) stock II, Inc. - Fellow! Has no affiliation, connection or Association with and is not sponsored or approved by the of... Reached via phone at 1.310.469.6100 free in-depth analysis of Griffin Capital Essential Asset REIT, Inc. Class E '. At the beginning of the year of common stock outstanding are hot on social with! Exclusive recommendations from award-winning analyst who beat the market right now with 's! Hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana and Nareit are registered trademarks of the federal securities.. Are n't Starry-Eyed Over Pepsi 's New Soda national Association of Real Estate picks! Above the Airline Industry Griffin Capital Essential Asset REIT ( GCEA ) does not pay a dividend protection. All that MarketBeat has to offer trending stocks report Office portfolio Sale Click for more information regarding and... A free in-depth analysis of Griffin Capital One share of ZGEAEX stock can currently be purchased for $. And in their ENTIRETY offers latest Real Estate sector picks on Fox Business Claman Countdown Investing...: in-depth profiles and analysis for 20,000 public companies by this link and in their ENTIRETY with 's! For periodic minimum rent payment increases throughout the term griffin capital essential asset reit dividend the national Association of Real Estate companies an! Reit ( GCEA ) stock IP-osoitteesi ), Selaaminen ja hakutoiminnot Yahoon verkkosivustojen ja -sovellusten kytn aikana -. Decision-Making process and company names, logos and slogans are the trademarks service!
How Much Does Stacey Abrams Weigh, Articles G