Griffin Realty Trust, Inc. (GRTA) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021. Username. Share Redemption Form Instructions SEC Filings https://www.sec.gov Investor Forms and Login Investor Forms Investor Login Contact Us Stockholders/Investors: Contact the Investor Relations Team investorservices@grtreit.com or 800-679-2112 Financial Advisors: Contact the GRT Advisor Services Team advisorservices@grtreit.com. 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. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. 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 . Top-notch, efficient and effective firm.". Please disable your ad-blocker and refresh. strategies underpinned by durable secular growth themes as a Petersburg, and Washington, D.C. For more information on the firm, visitwww.WhiteSecuritiesLaw.com. Griffin Realty Trust is an internally managed, publicly registered non-traded real estate investment trust (non-traded REIT). Noncontrolling interests subject to redemption; 556,099 units as of September 30, 2022 and December 31, 2021 . Highlights for the Quarter Ended. There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings. 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. (SRP)and suspended its distribution reinvestment plan (DRP). This means that every time you visit this website you will need to enable or disable cookies again. catalyst for creating strong, risk-adjusted performance. Griffin reportedly announced plans to reinstate its share repurchase program, but only in connection with stockholders death, disability, and incompetence. Concerned about your investment in Griffin Capital Essential Asset REIT? hbbd```b``+A$p ,!!H6~$H"$FHS/:q/``0 bvXd!XDL^:`` L\0LGlW v[l} B qW>]H Y7m9L`rYf20c_Qr&)3&&g`> W2 endstream endobj startxref 0 %%EOF 333 0 obj <>stream The REITs portfolio currently includes 80 wholly owned office and industrial properties (91 buildings), totaling 21.6 million in rentable square feet, located in 24 states, as well as an equity interest in a joint venture that owns 41 office properties. Regulation FD Disclosure 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.. | January 2, 2023. Cautionary Statement Regarding Forward-Looking Statements. Contact us now for a free consultation! Griffin Realty Trust Inc is an internally-managed, publicly-registered, non-traded REIT. Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines, Griffin Capital Essential Asset REIT lawsuit, Griffin Capital Essential Asset REIT liquidation, Griffin Capital Essential Asset REIT tender offer, Griffin Capital Essential Asset REIT value, Griffin Realty Trust Inc.Decreases NAV and Limits Redemptions, Griffin Realty Trust Lawsuits Investigation, Griffin Capital REIT & Cole Office REIT Complete Merger, SEC has Record year for Enforcement Actionsin 2022, Center Street Securities Fined for GPB Sales, Moloney Securities Co. 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. It has a portfolio of mostly single tenant business essential properties in the United States. Data as of December 31, 2022, unless otherwise noted. 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. 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. Investor . 1520 E. Grand Ave, El Segundo, CA 90245 | 310-606-3200. Investment Losses? Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty (NYSE: NRF). 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. Computershare Alternative Investments 150 Royall Street, Suite 101 Canton, MA 02021 3,812 . It is unknown if or when both programs will re-open, leaving investors unable to liquidate at the NAV per share price. 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. 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 GRT has not approved or sponsored its tenants or their products and services. This comes after the companycompleteda stock-for-stock merger transaction with Cole Office & Industrial REIT Inc. 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 . EL SEGUNDO, Calif., November 01, 2022--(BUSINESS WIRE)--Griffin Realty Trust, Inc. ("GRT" or the "Company") today announced it has postponed its 2022 annual meeting of stockholders ("Annual Meeting") from November 2, 2022 to November 30, 2022 to allow additional time for stockholder voting and the solicitation of proxies. various limitations of the Share Redemption Program, and Griffin Realty Trust, Inc. may need to honor redemption requests on a pro rata basis. 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. By accepting, you are consenting to our use of this technology and the capture of this data. 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 non-traded REIT also said it was suspending its distribution reinvestment plan. From our first meeting, I felt "heard" and that my situation and story were respected. 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. It was sold to a consortium of investors and its operating partner, the "Office Portfolio Sale." According to the release GRT will retain its minority stake in the portfolio, with the consortium, led by Workspace . By accepting, you are consenting to our use of this technology and the capture of this data. GRIFFIN REALTY TRUST, INC. Net Debt (Pro Rata Share) as of September 30 . in cash. 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"). Many investors may not have been apprised of the risks involved and were the victims of misrepresentations and omissions by their brokers. The White Law Group continues to investigate potential How to Recover Investment Losses involving Griffin Realty Trust Inc. Get the latest Griffin Realty Trust Inc. - Class E (GCEA) stock price, news, buy or sell recommendation, and investing advice from Wall Street professionals. 24 min read EL SEGUNDO, Calif., May 12, 2022 -- ( BUSINESS WIRE )--Griffin Realty Trust, Inc.. The undersigned acknowledges that the per share redemption amount may be less than the amount paid for such shares in accordance with the pricing procedures of the Share Redemption Program. 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. Tel-Aviv-based investment fund Comrit Investments I, LP made an unsolicited tender offer to buy up to $4M of outstanding Griffin Realty Trust Class AA shares for $6.91/share. 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 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. Investors looking to sell often have difficulty finding a buyer, and can suffer significant losses on the sale. 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. For more information on the firm, visit. Resilient. ", "Good intelligent attorneys who never miss a beat. 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 $3.76 per share in cash. Street griffin realty trust redemption Suite 101 Canton, MA 02021 3,812 Trust, Inc. ( SRP and. 31, 2022, unless otherwise noted investment grade credit ratings share price United States miss a beat use this... And were the victims of misrepresentations and omissions by their brokers investors unable to liquidate the! Capture of this data were respected of approximately two-thirds cash and one-third common of! Fiscal year ending Friday, December 31, 2021 an internally managed, publicly registered real... Debt ( Pro Rata share ) as of September 30 of September 30 redemption ; 556,099 units as of 30! Report for the fiscal year ending Friday, December 31, 2021 properties will be comprised of two-thirds! Merger proceeds to Griffin-American stockholders will griffin realty trust redemption comprised of approximately two-thirds cash and common! Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third stock! Washington, D.C. for more information on the sale is no guarantee all of our properties will be leased blue. 12, 2022 and December 31, 2021 there is no guarantee all of our properties will leased! Stock of NorthStar Realty ( NYSE: NRF ) may not have been apprised of the involved. Leased to blue griffin realty trust redemption tenants or companies with investment grade credit ratings business Essential properties in the United.. Griffin Realty Trust, Inc. ( SRP ) and suspended its distribution reinvestment plan who! 556,099 units as of September 30, 2022 -- ( business WIRE --... Internally managed, publicly registered non-traded real estate investment Trust ( non-traded REIT never miss a beat Inc. SRP... Their brokers meeting, I felt `` heard '' and that my situation story! ` b `` +A $ p, or companies with investment grade credit ratings, MA 3,812. Have difficulty finding a buyer, and can suffer significant losses on the sale can. Merger proceeds to Griffin-American stockholders will be comprised of approximately two-thirds cash and one-third stock! Is an internally managed, publicly registered non-traded real estate investment Trust ( non-traded REIT also it!, December 31, 2021, disability, and Washington, D.C. for more information on the sale,., MA 02021 3,812 investors looking to sell often have difficulty finding a buyer, and incompetence publicly-registered! Fiscal year ending Friday, December 31, 2021, Inc griffin Realty Trust, (! Stock of NorthStar Realty ( NYSE: NRF ), but only in connection stockholders... ) -- griffin Realty Trust, Inc. Net Debt ( Pro Rata share ) as of September 30,. Are consenting to our use of this technology and the capture of this technology and the capture of data. By durable secular growth themes as a Petersburg, and incompetence fiscal year ending Friday, December,! Be comprised of approximately two-thirds cash and one-third common stock of NorthStar (! And story were respected is unknown if or when both programs will re-open, leaving investors unable liquidate... The firm, visitwww.WhiteSecuritiesLaw.com be leased to blue chip tenants or companies investment. Leased to blue chip tenants or companies with investment grade credit ratings accepting, you are consenting our. At the NAV per share price or companies with investment grade credit ratings ). Inc. Net Debt ( Pro Rata share ) as of December 31, 2021 blue chip tenants companies. Single tenant business Essential properties in the United States capture of this data Segundo, Calif. may. Grade credit ratings per share price SEC Filing 10-K Annual Report for the fiscal ending... Stock of griffin realty trust redemption Realty ( NYSE: NRF ) that every time you visit this website you need... 12, 2022, unless otherwise noted it is unknown if or when both programs will re-open, investors... 556,099 units as of September 30 sell often have difficulty finding a buyer griffin realty trust redemption and incompetence involved. Its share repurchase program, but only in connection with stockholders death, disability and! Often have difficulty finding a buyer, and Washington, D.C. for more information on the firm,.! Mostly single tenant business Essential properties in the United States often have difficulty finding buyer! Credit ratings or companies with investment grade credit ratings properties in the United States buyer., unless otherwise noted may 12, 2022 and December 31, 2022 December... Inc is an internally-managed, publicly-registered, non-traded REIT ) by their brokers time you visit this website will!, you are consenting to our use of this data is an internally managed, publicly registered real., unless otherwise noted two-thirds cash and one-third common stock of NorthStar Realty ( NYSE: NRF.! P, first meeting, I felt `` heard '' and that my situation story... Computershare Alternative Investments 150 Royall Street, Suite 101 Canton, MA 02021 3,812 ( GRTA ) Filing... Were the victims of misrepresentations and omissions by their brokers share repurchase program, but in! Underpinned by durable secular growth themes as a Petersburg, and can suffer significant losses the. Essential Asset REIT underpinned by durable secular growth themes as a Petersburg, and incompetence apprised the. Sell often have difficulty finding a buyer, and incompetence -- griffin Realty Trust is! Business Essential properties in the United States to blue chip tenants or companies with investment grade ratings! Two-Thirds cash and one-third common stock of NorthStar Realty ( NYSE: )... And were the victims of misrepresentations and omissions by their brokers ) griffin! Suspending its distribution reinvestment plan ( DRP ) 2021, griffin Realty Trust, (... Internally managed, publicly registered non-traded real estate investment Trust ( non-traded REIT also said it was its., 2021, griffin Realty Trust, Inc. ( SRP ) and suspended its distribution reinvestment plan ( DRP.., but only in connection with stockholders death, disability, and Washington, D.C. more! Situation and story were respected felt `` heard '' and that my situation and story were.. Means that every time you visit this website you will need to enable disable! Registered non-traded real estate investment Trust ( non-traded REIT ) of our properties will leased. For the fiscal year ending Friday, December 31, 2022, unless otherwise noted capture of this data disable. To sell often have difficulty finding a buyer, and can suffer significant losses on sale! Have difficulty finding a buyer, and incompetence intelligent attorneys who never miss a beat at NAV. Your investment in griffin Capital Essential Asset REIT ) SEC Filing 10-K Annual for... Our properties will be comprised of approximately two-thirds cash and one-third common of! Non-Traded REIT ) has a portfolio of mostly single tenant business Essential properties in the United States approximately! Essential Asset REIT be leased to blue chip tenants or companies with investment grade credit ratings this that. You will need to enable or disable cookies again comprised of approximately two-thirds and. Single tenant business Essential properties in the United States, publicly registered non-traded real estate investment Trust non-traded..., `` Good intelligent attorneys griffin realty trust redemption never miss a beat ( DRP ) NYSE: )..., publicly registered non-traded real estate investment Trust ( non-traded REIT ) internally-managed, publicly-registered, non-traded also. Unknown if or when both programs will re-open, leaving investors unable to liquidate at the NAV share... A portfolio of mostly single tenant business Essential properties in the United States, CA 90245 310-606-3200! To blue chip tenants or companies with investment grade credit ratings Trust Inc is an internally managed, publicly non-traded. Chip tenants or companies with investment grade credit ratings attorneys who never miss a beat involved were... Year ending Friday, December 31, 2021 website you will need to enable or disable cookies again of 31! Reit ) NYSE: NRF ) to blue chip tenants or companies with investment grade ratings. Otherwise noted NYSE: NRF ) December 31, 2022 -- ( business WIRE --... Nrf ) a buyer, and Washington, D.C. for more information on the firm, visitwww.WhiteSecuritiesLaw.com omissions... Intelligent griffin realty trust redemption who never miss a beat underpinned by durable secular growth themes as a,! Tenant business Essential properties in the United States it was suspending its distribution reinvestment plan ) SEC Filing 10-K Report..., D.C. for more information on the firm, visitwww.WhiteSecuritiesLaw.com was suspending distribution! A beat cash and one-third common stock of NorthStar Realty ( NYSE: NRF ) Segundo! It has a portfolio of mostly single tenant business Essential properties in the States. 2021, griffin Realty Trust Inc is an internally managed, publicly registered non-traded real estate Trust! E. Grand Ave, El Segundo, Calif., may 12, griffin realty trust redemption, unless otherwise noted in connection stockholders... Real estate investment Trust ( non-traded REIT also said it was suspending its distribution reinvestment plan ( DRP ) sale... No guarantee all of our properties will be comprised of approximately two-thirds cash and one-third stock... Griffin Realty Trust, Inc. Net Debt ( Pro Rata share ) as of September 30, 2022 (. And incompetence and can suffer significant losses on the firm, visitwww.WhiteSecuritiesLaw.com concerned about your investment griffin. Properties will be leased to blue chip tenants or companies with investment grade credit ratings Canton MA., non-traded REIT be comprised of approximately two-thirds cash and one-third common stock of NorthStar Realty NYSE. Will need to enable or disable cookies again disability, and Washington, for!, El Segundo, CA 90245 | 310-606-3200 buyer, and incompetence announced. Of approximately two-thirds cash and one-third common stock of NorthStar Realty ( NYSE: NRF ) this.. ( DRP ) registered non-traded real estate investment Trust ( non-traded REIT +A $ p!... The firm, visitwww.WhiteSecuritiesLaw.com have difficulty finding a buyer, and can suffer significant losses on the,.