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Griffin Realty's $1.1B Office Deal Gives Sector Much-Needed Boost

GIC Pte. Ltd. is purchasing a controlling interest in a GRT office portfolio.

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Two different stories this week meet together for some good news on the office front.

Griffin Realty Trust sold a majority interest in a 41-property, 53-building office portfolio at a $1.13 billion valuation, according to a company press release. No mention of the buyers or of what exact percentage is being sold.

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Erik Sherman

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