Griffin Capital Essential Asset REIT II Reinstates Distribution Reinvestment Plan
February 19, 2019
On December 12, 2018, the Griffin Capital Essential Asset REIT II (“GCEAR II”) board of directors approved the temporary suspension of the REIT’s distribution reinvestment plan (“DRP”) in connection with the proposed mergers pursuant to the Agreement and Plan of Merger dated as of December 14, 2018, by and among GCEAR II, Globe Merger Sub, LLC, Griffin Capital Essential Asset REIT, Inc. and certain of their respective affiliates.
On February 15, 2019, GCEAR II’s board of directors determined it was in the best interests of the REIT to reinstate the DRP effective with the February distribution to be paid on or around March 1, 2019. Stockholders previously enrolled in the DRP will automatically be reinstated to the DRP unless they instruct the company otherwise by placing a call to Investor Services for GCEAR II at (888) 926-2688. Stockholders who were not previously enrolled in the DRP can obtain the proper forms for enrollment in the DRP at www.griffincapital.com.
The well-attended Blue Vault session at the recent National Planning Holdings National Conference was very well received. The value of their products was evidenced by the volume of questions from the attendees. Stacy Chitty, Managing Partner, did an excellent job of explaining the history, strategy and value of Blue Vault data.