Griffin Capital Essential Asset REIT Reports 2019 Second Quarter Results
(World News USA)

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Aug 15, 2019-- Griffin Capital Essential Asset REIT, Inc. (the `REIT`) announced its results for the quarter ended June 30, 2019. The REIT reported a 20 percent increase in total revenue and a 16 percent increase in AFFO compared to the quarter ended June 30, 2018. Such performance was supported by the recently completed merger announced May 1, 2019, which created a $4.7 billion self-managed REIT and generated significant benefits for shareholders, including substantial cost savings, increased operating efficiencies, and immediate accretion to earnings and cash flows. This press release features multimedia. View the full release here:...