Michael Escalante: “We are excited to keep this momentum going in the years to come.” Michael Escalante: “We are excited to keep this momentum going in the years to come.”

LOS ANGELES—Griffin Capital Real Estate Co. acquired $1.7 billion of office and industrial assets last year. The purchases include 37 total properties, including 27 office assets, 9 industrial properties and a data center. This is the largest year that the firm has had since the recovery.

“Our real estate platform has experienced exponential growth over the past three years with 2015 being a monumental year and we are excited to keep this momentum going in the years to come,” Michael Escalante, president of Griffin Capital Real Estate Co., tells GlobeSt.com. “Our acquisition strategy remains focused on buying business essential assets leased to credit worthy tenants providing a high probability of lease renewal at maturity along with steady cash flow resulting in attractive and predictable income through all market cycles for our shareholders.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.