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Griffin Capital Closes on 10th Land Acquisition in Qualified Opportunity Zones

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Griffin Capital Company, LLC (“Griffin Capital”), a leading privately-held alternative asset manager, announced the closing of its tenth land acquisition in a Qualified Opportunity Zone. Located in Silver Spring, MD, the land will be the site of a 375-unit, mid-rise apartment community. Griffin Capital will develop the property in partnership with The Bozzuto Group, a Maryland-based real estate developer and property manager that specializes in multi-family, and StonebridgeCarras.