Which nontraded REIT outbid CIM Real Estate Finance Trust to acquire Cole Office & Industrial REIT II (CCIT II) in a stock-for-stock transaction?
Answer: Griffin Capital Essential Asset REIT, Inc. will acquire Cole Office & Industrial REIT II (CCIT II) in a stock-for-stock transaction of 1.392 shares for each share acquired if shareholders approve the transaction in February 2021.
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