GRIFFIN TRUST BUYS TWO MIDWEST PROPERTIES FOR $32.6M

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BEAVERCREEK, OHIO AND LIBERTYVILLE, ILL. — Griffin Capital Net Lease REIT has acquired two Midwest properties: a build-to-suit, Class A office property in Beavercreek for $17 million and a manufacturing and warehouse facility in Libertyville for $15.6 million. The office property is fully leased to Northrop Grumman Systems Corp. and is adjacent to the Wright-Patterson Air Force Base, the largest air force base in the U.S. The 194,000-square-foot industrial facility in Illinois serves as the North American corporate headquarters for Zeller Plastik USA. Zeller produces plastic closures and packaging components for food, beauty and beverage products. The complex is within the Lincoln Commerce Center business park.

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