Workspace Property Trust, Jordan Bock, GIC Private Limited and others acquired an unknown majority stake in 18 million Square Feet in 22 Major Metropolitan Areas in US from Griffin Realty Trust, Inc. in a transaction valued at $1.1 billion on August 26, 2022. The seller, Griffin Realty Trust Inc., will retain a minority stake in the buildings. The deal, financed by JPMorgan Chase & Co. and Bank of Montreal. Jordan Bock, founder of real estate investment firm Mason Capital, served as strategic advisor and partner to Workspace and the consortium in connection with this transaction, and will serve on the Board of Workspace. Newmark Group served as advisor to Workspace on the debt financing. Seyfarth Shaw LLP and McCausland Keen + Buckman served as legal counsel to Workspace. Eastdil Secured, Goldman Sachs and BofA Securities acted as financial advisors to Griffin Realty Trust, Inc.

Workspace Property Trust, Jordan Bock, GIC Private Limited and others completed the acquisition of an unknown majority stake in18 million Square Feet in 22 Major Metropolitan Areas in US from Griffin Realty Trust, Inc. on August 26, 2022.