Griffin Capital Essential Asset REIT’s Chief Legal Officer and Secretary Resigns
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, reported that chief legal officer and secretary Howard Hirsch has resigned from his positions, effective January 29, 2021.
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, reported that chief legal officer and secretary Howard Hirsch has resigned from his positions, effective January 29, 2021.
According to a filing with the Securities and Exchange Commission, immediately following his resignation, Hirsch will join Griffin Capital Company LLC, which provides certain operational and administrative services to the REIT. Hirsch previously served as vice president and general counsel – securities of Griffin Capital from June 2014 until joining the REIT in December 2018.
Griffin Capital Essential Asset REIT became a self-managed REIT in December 2018, following the all-stock merger transaction with its affiliate, Griffin Capital Essential Asset REIT II Inc.
Hirsch has more than 20 years of experience in public securities offerings, SEC reporting, corporate and securities compliance matters, and other corporate governance matters. While employed by Griffin Capital, he will continue to provide certain consulting and advisory services to the REIT, the company said.
Griffin Capital Essential Asset REIT Inc. is a self-managed non-traded REIT with a portfolio consisting primarily of single tenant business essential properties throughout the United States. As of September 30, 2020, the REIT’s portfolio consisted of 99 properties consisting substantially of office, warehouse, and manufacturing facilities and two land parcels held for future development with a combined acquisition value of approximately $4.2 billion.
As of the third quarter of 2020, the REIT had issued roughly 283.8 million shares (approximately $2.8 billion) of common stock since November 9, 2009 in various private offerings, public offerings, distribution reinvestment plan offerings and mergers.
