PR Newswire
November 2, 2020
Griffin Capital Essential Asset REIT, Inc.
(“GCEAR”) and Cole Office & Industrial REIT (CCIT II), Inc. (“CCIT II”) announced today they have entered
into a definitive merger agreement whereby GCEAR would acquire CCIT II for approximately $1.2 billion
in a stock-for-stock transaction. The merger would combine similar portfolios of single-tenant, office and
industrial properties with long-term, net leases to high-quality corporate tenants.
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PR Newswire
June 29, 2020
Common, the nation's leading
residential brand that designs, leases and operates community-oriented multifamily properties,
today announced a 575-unit portfolio expansion in partnership with Nuveen Real Estate, one of
the largest investment managers globally. Common will take over as operator for two of
Nuveen's largest Class A US multifamily assets: The Edge and Stella. Starting today, Common
will be bringing its years of renter-rst property management experience and innovative
technology practices to over 331 units of The Edge in Fort Lauderdale's Flagler Village. In July,
the brand will assume management of the 244-unit Stella building in Los Angeles.
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