June 23, 2016
Griffin Capital Essential Asset REIT II Buys Nike Office Campus for $45.5 Million
    Griffin Capital Essential Asset REIT II Buys Nike Office Campus for $45.5 Million Jun 23 2016 | by DI Wire Griffin Capital Essential Asset REIT II Inc., a …

Read more

 

 


Griffin Capital Essential Asset REIT II Buys Nike Office Campus for $45.5 Million

Jun 23 2016 | by DI Wire

Griffin Capital Essential Asset REIT II Inc., a publicly registered non-traded real estate investment trust, purchased a four-building, class B office campus, in the Portland suburb of Hillsboro, Oregon for $45.5 million, plus closing costs. The property is leased in its entirety to Nike Inc., a designer and seller of athletic footwear, apparel, equipment and services.

The Nike property consists of three one-story buildings and one two-story building totaling approximately 266,840 square feet on nearly 23 acres of land. It is located 13 miles west of Portland and 5 miles northwest of Nike’s World Headquarters Campus in Beaverton, Oregon.

Nike utilizes the property as a technology campus, housing employees focused on a variety of technology-related functions. They have occupied the property since 2008 and has invested significant capital towards improvements. Nike’s lease is triple net with a remaining term of 4.6 years.

Article Located Here

 

Recent

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now