Griffin Capital Essential Asset REIT Reinstates Distribution Reinvestment Plan
February 21, 2019
On December 12, 2018, the Griffin Capital Essential Asset REIT (“GCEAR”) 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, Globe Merger Sub, LLC, Griffin Capital Essential Asset REIT II, Inc. and certain of their respective affiliates.
On February 15, 2019, GCEAR’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 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.
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