Griffin Capital REIT Acquires Denver Office ComplexBy
Denver—Griffin Capital Corp., on behalf of Griffin Capital Essential Asset REIT II Inc., announced the first acquisition by the REIT—a Class A office complex in the Greater Denver metropolitan area. The REIT purchased the property from Farmers New World Life Insurance Co., which was represented by CBRE.
Located in Lone Tree, Colo., the three-story building comprises 70,273 square feet, solely leased to Allstate Insurance Co. for 10 years. Developed in 2000, the building underwent interior renovations in 2015 after being previously occupied by Sprint/Nextel…
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