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Griffin Industrial Realty Inc (GRIF.OQ)

GRIF.OQ on NASDAQ Stock Exchange Global Market

36.95USD
13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Griffin Industrial announces mortgage loan refinancing
Monday, 17 Jul 2017 11:36am EDT 

July 17 (Reuters) - Griffin Industrial Realty Inc :Griffin announces mortgage loan refinancing.Griffin industrial realty inc - new loan has a variable interest rate based on one-month libor rate plus 2.05%.Griffin industrial -immediately prior to refinancing, existing loan had a balance of approximately $10.1 million with a maturity date of february 1, 2019.Griffin industrial realty inc - ‍refinanced mortgage loan is for $10.6 million​.Griffin industrial - entered into interest rate swap agreement with berkshire effectively fixes interest rate on new loan at 4.39% over term of new loan.Griffin industrial realty - excess proceeds from loan refinancing were used to pay for termination of interest rate swap agreement on existing loan.  Full Article

Griffin Industrial Realty announces fiscal 2017 Q2 leasing
Wednesday, 14 Jun 2017 10:02am EDT 

June 14 (Reuters) - Griffin Industrial Realty Inc ::Says in fiscal 2017 Q2 renewed and extended two leases aggregating approximately 15,000 square feet.In H1 fiscal 2017, leased about 104,000 square feet of previously vacant industrial/warehouse space.In first half of fiscal 2017, Griffin entered into full building lease for about 23,000 square foot office/flex building.23,000 square foot office/flex building lease term is expected to begin in fiscal 2017 Q4.  Full Article

Griffin announces agreement for building acquisition
Tuesday, 23 May 2017 09:18am EDT 

May 23 (Reuters) - Griffin Industrial Realty Inc : :Griffin announces agreement for building acquisition.Griffin Industrial Realty Inc - purchase price of building is approximately $18.6 million to be paid in cash at closing.Griffin Industrial Realty Inc - intends to finance acquisition using approximately $9.7 million of cash being held in escrow for a like-kind exchange.  Full Article

Griffin Industrial Realty posts Q1 loss of $0.19/share
Friday, 7 Apr 2017 09:59am EDT 

Griffin Industrial Realty Inc : Griffin announces fiscal 2017 first quarter results . Q1 loss per share $0.19 .Q1 revenue $6.979 million versus $6.682 million.  Full Article

Griffin posts Q3 loss per share $0.01
Friday, 7 Oct 2016 10:36am EDT 

Griffin Industrial Realty Inc : Griffin announces fiscal 2016 third quarter results . Q3 revenue $7.265 million versus $8.184 million .Q3 loss per share $0.01.  Full Article

Griffin Industrial Realty announces extension of credit line
Monday, 25 Jul 2016 09:43am EDT 

Griffin Industrial Realty Inc : Griffin announces extension of credit line . Amendment increases amount of Webster credit line from $12.5 million to $15.0 million . Amendment enables griffin to further extend webster credit line for an additional year through July 31, 2019 . Entered amendment to its revolving credit line with Webster Bank, N.A. that extends webster credit line for two years .Expects to use any potential future borrowings under Webster credit line for investment in real estate assets.  Full Article

Griffin Q2 loss per share $0.07
Friday, 8 Jul 2016 09:43am EDT 

Griffin Industrial Realty Inc : Griffin announces fiscal 2016 second quarter results . Q2 loss per share $0.07 .Qtrly total revenue of $6,524,000, as compared to total revenue of $6,196,000 for 3 months ended may 31, 2015.  Full Article

BRIEF-Griffin Industrial announces mortgage loan refinancing

* Griffin industrial realty inc - new loan has a variable interest rate based on one-month libor rate plus 2.05%

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