Griffin

The Navy SEAL Foundation Announces $10 Million Leadership Gift from Philanthropist Ken Griffin

Wednesday, July 1, 2020 - 2:00am

Robin King, CEO of the Foundation shared, "Mr. Griffin is an extraordinary individual and an indispensable part of our team.

Key Points: 
  • Robin King, CEO of the Foundation shared, "Mr. Griffin is an extraordinary individual and an indispensable part of our team.
  • On behalf of all of those we support, I thank Mr. Griffin for his leadership and incredible impact through the Navy SEAL Foundation."
  • Mr. Griffin's leadership gift has already inspired several other executives and leaders of industry to make their own multi-year pledges of support to the Navy SEAL Foundation.
  • "As long as they are called upon to do this work, the Navy SEAL Foundation will stand with them.

Griffin's 2020 Annual Meeting of Stockholders

Thursday, May 7, 2020 - 2:00pm

NEW YORK, May 07, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (Griffin or the Company) will hold its 2020 Annual Meeting of Stockholders today as a virtual meeting that will be conducted via a live webcast ( www.virtualshareholdermeeting.com/GRIF2020 ).

Key Points: 
  • NEW YORK, May 07, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (Griffin or the Company) will hold its 2020 Annual Meeting of Stockholders today as a virtual meeting that will be conducted via a live webcast ( www.virtualshareholdermeeting.com/GRIF2020 ).
  • Gordon F. Dugan, Chairman of Griffins Board of Directors, Michael S. Gamzon, Griffins President and Chief Executive Officer and Anthony J. Galici, Griffins Vice President and Chief Financial Officer, will update stockholders at the Annual Meeting on Griffins current activities.
  • The new lease, which is with the other tenant in that building, is expected to commence in July 2020 and ensures that building remains fully leased.
  • Mr. Gamzon will then provide an update on how Griffin has been affected by the COVID-19 pandemic thus far.

Jack Griffin Named Enterprise Account Manager at Bravo Pawn Systems

Wednesday, March 4, 2020 - 1:00pm

LAS VEGAS, March 4, 2020 /PRNewswire-PRWeb/ --Bravo Pawn System, which provides the pawn industry point of sale, ecommerce, and mobile services, has announced that Jack Griffin has joined the company as an Enterprise Account Manager.

Key Points: 
  • LAS VEGAS, March 4, 2020 /PRNewswire-PRWeb/ --Bravo Pawn System, which provides the pawn industry point of sale, ecommerce, and mobile services, has announced that Jack Griffin has joined the company as an Enterprise Account Manager.
  • In his new position, Griffin will be responsible for leading multi-store sales in the U.S, Mexico, Canada, and the UK.
  • His addition to the Bravo team will be key to the growth and success of platform's expansion.
  • Griffin is a unique add to the Bravo team.

Griffin Appoints New Chairman and Additional Director

Wednesday, March 4, 2020 - 1:00pm

NEW YORK, March 04, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (Griffin or the Company) has appointed Gordon F. DuGan as a Director and Non-executive Chairman of its Board of Directors and Molly North as Director effective March 3, 2020.

Key Points: 
  • NEW YORK, March 04, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (Griffin or the Company) has appointed Gordon F. DuGan as a Director and Non-executive Chairman of its Board of Directors and Molly North as Director effective March 3, 2020.
  • Frederick Mike Danziger, Griffins former Chairman, will continue to serve as a Director, and Michael Gamzon will remain Griffins President and Chief Executive Officer (CEO), and a Director.
  • In connection with the appointments of Mr. DuGan and Ms. North, Griffin increased the size of its Board of Directors to nine members.
  • Michael Gamzon, President & CEO of Griffin commented, We are delighted to have Gordon join as our Chairman.

Griffin Board Approves Plan to Pursue Conversion to a REIT

Wednesday, March 4, 2020 - 1:00pm

NEW YORK, March 04, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc.s (Nasdaq: GRIF) (Griffin or the Company) Board of Directors has unanimously approved a plan for the Company to pursue conversion to a Real Estate Investment Trust (REIT).

Key Points: 
  • NEW YORK, March 04, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc.s (Nasdaq: GRIF) (Griffin or the Company) Board of Directors has unanimously approved a plan for the Company to pursue conversion to a Real Estate Investment Trust (REIT).
  • Griffin, if successful in the conversion process, would plan to elect REIT status with the taxable year beginning January 1, 2021.
  • Griffin has completed a preliminary analysis of the REIT requirements and believes it can meet the operational and technical thresholds for qualification as a REIT.
  • There can be no assurances that Griffin will be successful in its planned conversion and should Griffin fail to complete the conversion process, it will have incurred substantial costs.

Griffin Capital Plans Dynamic, New Creative Office Development in Los Angeles, El Segundo

Monday, January 6, 2020 - 9:00pm

Griffin intends to take advantage of this demand by developing two new structures and redeveloping and expanding two existing structures.

Key Points: 
  • Griffin intends to take advantage of this demand by developing two new structures and redeveloping and expanding two existing structures.
  • On the Southeast corner, Griffin will raze the existing structures and develop two ground-up buildings totaling 86,000 of creative office space along with a parking structure.
  • Griffin Capital is a leading alternative investment asset manager headquartered in El Segundo, California with offices in Irvine, California, Phoenix, Arizona, and Greenwich, Connecticut.
  • These solutions include: Griffin Capital Essential Asset REIT, Griffin Institutional Access Credit Fund, Griffin Institutional Access Real Estate Fund, Griffin Institutional Property Exchange DSTs, and a Qualified Opportunity Zone fund.

Griffin Announces Fiscal 2019 Fourth Quarter Leasing

Monday, December 9, 2019 - 2:00pm

NEW YORK, Dec. 09, 2019 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (Griffin) announced that in the three months ended November 30, 2019 (the 2019 fourth quarter) it executed two new leases totaling approximately 105,000 square feet of industrial/warehouse space (including the previously disclosed approximately 74,000 square foot lease) and extended a lease for approximately 15,000 square feet of office/flex space.

Key Points: 
  • NEW YORK, Dec. 09, 2019 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (Griffin) announced that in the three months ended November 30, 2019 (the 2019 fourth quarter) it executed two new leases totaling approximately 105,000 square feet of industrial/warehouse space (including the previously disclosed approximately 74,000 square foot lease) and extended a lease for approximately 15,000 square feet of office/flex space.
  • The new leases both were for space in 160 International Drive which, along with 180 International Drive, are located in Concord, North Carolina, in the greater Charlotte area, and were completed and placed in service in the 2019 fourth quarter.
  • In the 2019 fourth quarter, Griffin also acquired a fully leased approximately 100,000 square foot industrial/warehouse building in Orlando, Florida, Griffins first property in that market.
  • Griffins twelve office/flex buildings aggregating approximately 433,000square feet were 70% leased as of November 30, 2019.

Codero Appoints Griffin Leen-Sohl to VP and Chief Sales Officer

Monday, November 4, 2019 - 7:00pm

Griffin leads Codero's global sales, channel and marketing teams.

Key Points: 
  • Griffin leads Codero's global sales, channel and marketing teams.
  • Griffin previously served as Codero's Director of Global Channels, where he was responsible for onboarding and training the company's network of U.S.-based and international channel partners.
  • "I am really happy to have Griffin on Codero's leadership team," said Bill King, Codero's president and chief executive officer.
  • "I'm both proud and honored to be part of Team Codero and look forward to making a strong contribution to the company's growth," said Griffin Leen-Sohl.

Griffin Announces Closing on Building Acquisition

Tuesday, October 29, 2019 - 1:01pm

NEW YORK, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (Griffin) announced that it closed on the acquisition (the Acquisition) of an approximately 100,000 square foot fully leased industrial/warehouse building in Orlando, Florida (the Orlando Building), Griffins first property in the Orlando area.

Key Points: 
  • NEW YORK, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (Griffin) announced that it closed on the acquisition (the Acquisition) of an approximately 100,000 square foot fully leased industrial/warehouse building in Orlando, Florida (the Orlando Building), Griffins first property in the Orlando area.
  • Griffin financed the Acquisition using its new line of credit for acquisitions and cash on hand and expects to obtain a long-term mortgage loan on the Orlando Building.
  • These forward-looking statements include statements regarding Griffin's beliefs and expectations regarding obtaining a long-term mortgage loan on the Orlando Building.
  • Griffin disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release except as required by law.

Griffin Capital Company Launches New Branding Initiative

Monday, October 28, 2019 - 3:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191028005247/en/
    Griffin Capital Company Launches New Branding Initiative (Photo: Business Wire)
    Griffin Capitals brand execution is an omnichannel approach that includes a robust advertising campaign with imagery reflecting the companys go further mindset.
  • Our company has grown and evolved significantly over the past few years, said Kevin Shields, Chairman and CEO of Griffin Capital Company.
  • Founded in 1995, Griffin Capital has owned, managed, sponsored or co-sponsored investment programs encompassing over $17 billion in assets.
  • These solutions include: Griffin Institutional Access Credit Fund, Griffin Institutional Access Real Estate Fund, Griffin Capital Essential Asset REIT featuring NextNAV, Griffin Institutional Property Exchange DSTs, and a Qualified Opportunity Zone fund.