Griffin REIT Puts Up $40M For Verizon-Leased NJ Building
Griffin Capital Essential Asset REIT Inc. purchased the property from an institutional investor for about $190 per square foot.
Cellco Partnership, doing business as Verizon Wireless, will fully occupy the six-story class A office building through 2020, according to Griffin.
“From an industry and credit perspective, we are very optimistic about...
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