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Griffin Capital Completes 11th OZ Land Acquisition
Griffin Capital recently completed its 11th acquisition of land located in an opportunity zone, with plans to develop a 335-unit apartment community. The recently acquired land is located in the Main Street Corridor in Mesa, Arizona, just a few blocks from the Mesa City Center development by Arizona State University. Griffin will partner with The Opus Group to develop the project.
Griffin currently has 13 multifamily properties under development in opportunity zones. Once completed, these communities will consist of more than 4,600 units.