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Schedule III - Real Estate and Accumulated Depreciation Schedule III - Real Estate and Accumulated Depreciation - Rollforward of Accumulated Depreciation

12 Months Ended

Dec. 31, 2017

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]

Schedule III - Real Estate and Accumulated Depreciation

										Initial Cost to Company								Cost Capitalized Subsequent to Acquisition				Gross Carrying Amount at December 31, 2017																				Life on which depreciation in latest income statement is computed
Property		Property Type		ST		Encumbrances				Land				Building and Improvements(1)				Building and Improvements				Land				Building and Improvements				Total				Accumulated Depreciation and Amortization				Date of Construction		Date of Acquisition
Owens Corning		Industrial		NC		$	3,300			$	575			$	5,167			$	—			$	575			$	5,167			$	5,742			$	485			N/A		3/9/2015		5-40 years
Westgate II		Office		TX		34,200				3,732				55,101				—				3,732				55,101				58,833				6,488				N/A		4/1/2015		5-40 years
Administrative Office of Pennsylvania Courts		Office		PA		6,070				1,207				8,936				—				1,207				8,936				10,143				994				N/A		4/22/2015		5-40 years
American Express Center		Data Center/Office		AZ		54,900				5,750				113,670				—				5,750				113,670				119,420				17,706				N/A		5/11/2015		5-40 years
MGM Corporate Center		Office		NV		18,180				4,260				28,705				405				4,260				29,110				33,370				3,387				N/A		5/27/2015		5-40 years
American Showa		Industrial		OH		10,320				1,453				15,747				—				1,453				15,747				17,200				1,475				N/A		5/28/2015		5-40 years
Huntington Ingalls		Industrial		VA		—				5,415				29,836				18				5,415				29,854				35,269				2,778				N/A		6/26/2015		5-40 years
Wyndham		Office		NJ		—				5,696				76,532				—				5,696				76,532				82,228				6,601				N/A		6/26/2015		5-40 years
Exel		Distribution Center		OH		—				1,988				13,958				—				1,988				13,958				15,946				1,461				N/A		6/30/2015		5-40 years
Rapiscan Systems		Office		MA		—				2,350				9,482				—				2,350				9,482				11,832				1,132				N/A		7/1/2015		5-40 years
FedEx Freight		Industrial		OH		—				2,774				25,913				—				2,774				25,913				28,687				2,331				N/A		7/22/2015		5-40 years
Aetna		Office		AZ		—				1,853				20,481				—				1,853				20,481				22,334				1,243				N/A		7/29/2015		5-40 years
Bank of America I		Office		CA		—				5,491				23,514				138				5,491				23,652				29,143				3,724				N/A		8/14/2015		5-40 years
Bank of America II		Office		CA		—				9,206				20,204				—				9,206				20,204				29,410				3,674				N/A		8/14/2015		5-40 years
Atlas Copco		Office		MI		—				1,480				16,490				—				1,480				16,490				17,970				1,626				N/A		10/1/2015		5-40 years
Toshiba TEC		Office		NC		—				4,130				36,821				—				4,130				36,821				40,951				2,691				N/A		1/21/2016		5-40 years
NETGEAR		Office		CA		—				20,726				25,887				43				20,726				25,930				46,656				2,148				N/A		5/17/2016		5-40 years
Nike		Office		OR		—				5,988				42,397				24				5,988				42,421				48,409				4,603				N/A		6/16/2016		5-40 years
Zebra Technologies		Office		IL		—				5,238				56,526				—				5,238				56,526				61,764				3,843				N/A		8/1/2016		5-40 years
WABCO		Industrial		SC		—				1,302				12,598				—				1,302				12,598				13,900				682				N/A		9/14/2016		5-40 years
IGT		Office		NV		—				6,325				64,441				40				6,325				64,481				70,806				2,695				N/A		9/27/2016		5-40 years
3M		Industrial		IL		—				5,320				62,247				—				5,320				62,247				67,567				2,475				N/A		10/25/2016		5-40 years
Amazon		Industrial		OH		—				5,331				85,770				—				5,331				85,770				91,101				2,903				N/A		11/18/2016		5-40 years
Zoetis		Office		NJ		—				3,375				42,265				—				3,375				42,265				45,640				1,749				N/A		12/16/2016		5-40 years
Southern Company		Office		AL		—				6,605				122,679				45				6,605				122,724				129,329				3,488				N/A		12/22/2016		5-40 years
Allstate		Office		CO		—				1,808				14,090				200				1,808				14,290				16,098				679				N/A		1/31/2017		5-40 years
MISO		Office		IN		—				3,104				26,014				—				3,104				26,014				29,118				844				N/A		5/15/2017		5-40 years
Total (3)						$	126,970			$	122,482			$	1,055,471			$	913			$	122,482			$	1,056,384			$	1,178,866			$	83,905

(1) Building and improvements include tenant origination and absorption costs.

(2) The acquisitions were funded by the credit facility.

(3) As of December 31, 2017, the aggregate cost of real estate the Company and consolidated subsidiaries own for federal income tax purposes was approximately $1.1 billion (unaudited).

	Activity for the year ended December 31,
	2017				2016				2015
Real estate facilities
Balance at beginning of year	$	1,133,055			$	516,965			$	—
Acquisitions	45,016				615,972				516,965
Improvements	576				38				—
Construction-in-progress	219				80				—
Balance at end of year	$	1,178,866			$	1,133,055			$	516,965
Accumulated depreciation
Balance at beginning of year	$	39,955			$	12,061			$	—
Depreciation and amortization expense	43,950				27,894				12,061
Balance at end of year	$	83,905			$	39,955			$	12,061
Real estate facilities, net	$	1,094,961			$	1,093,100			$	504,904

Griffin Capital Essential Asset REIT, Inc. [Member]

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]

Schedule III - Real Estate and Accumulated Depreciation

GRIFFIN CAPITAL ESSENTIAL ASSET REIT, INC.

SCHEDULE III

REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION AND AMORTIZATION

(Dollars in thousands)

										Initial Cost to Company (2)								Cost  Capitalized Subsequent to Acquisition				Gross Carrying Amount at December 31, 2017																				Life on which depreciation in latest income statement is computed
Property		Property Type		ST		Encumbrances (1)				Land				Building and Improvements				Building and Improvements				Land				Building and Improvements				Total				Accumulated Depreciation and Amortization				Date of Construction		Date of Acquisition
Plainfield		Office/Laboratory		IL		$	—			$	3,709			$	27,335			$	2,217			$	3,709			$	29,552			$	33,261			$	11,477			N/A		6/18/2009		5-40 years
Renfro		Warehouse/Distribution		SC		13,320				1,400				18,804				1,390				1,400				20,194				21,594				7,075				N/A		6/18/2009		5-40 years
Emporia Partners		Office/Industrial/Distribution		KS		2,978				274				7,567				—				274				7,567				7,841				2,378				N/A		8/27/2010		5-40 years
Quad/Graphics		Industrial/Office		CO		7,400				1,950				10,236				292				1,950				10,528				12,478				2,723				N/A		12/30/2010		5-40 years
AT&T		Office/ Data Center		WA		25,655				6,770				32,420				461				6,770				32,881				39,651				8,535				N/A		1/31/2012		5-40 years
Westinghouse		Engineering Facility		PA		21,708				2,650				26,745				—				2,650				26,745				29,395				6,193				N/A		3/22/2012		5-40 years
TransDigm		Office		GA		4,539				3,773				9,030				408				3,773				9,438				13,211				2,350				N/A		5/31/2012		5-40 years
Travelers		Office		CO		9,374				2,600				13,500				873				2,600				14,373				16,973				3,771				N/A		6/29/2012		5-40 years
Zeller		Manufacturing		IL		8,880				2,674				13,229				651				2,674				13,880				16,554				2,654				N/A		11/8/2012		5-40 years
Northrop		Office		OH		10,667				1,300				16,188				39				1,300				16,227				17,527				5,057				N/A		11/13/2012		5-40 years
Health Net		Office		CA		13,321				4,182				18,072				—				4,182				18,072				22,254				5,520				N/A		12/18/2012		5-40 years
Comcast		Office		CO		—				3,146				22,826				1,517				3,146				24,343				27,489				6,705				N/A		1/11/2013		5-40 years
Boeing		Office		WA		—				3,000				9,000				102				3,000				9,102				12,102				4,377				N/A		2/15/2013		5-40 years
Schlumberger		Office		TX		29,689				2,800				47,752				145				2,800				47,897				50,697				8,090				N/A		5/1/2013		5-40 years
UTC		Office		NC		23,467				1,330				37,858				—				1,330				37,858				39,188				6,982				N/A		5/3/2013		5-40 years
Avnet		Research & Development/Flex Facility		AZ		19,615				1,860				31,481				—				1,860				31,481				33,341				5,724				N/A		5/29/2013		5-40 years
Cigna		Office		AZ		375,000			(4)	8,600				48,102				—				8,600				48,102				56,702				8,811				N/A		6/20/2013		5-40 years
Nokia		Office		IL		—				7,697				21,843				—				7,697				21,843				29,540				3,362				N/A		8/13/2013		5-40 years
Verizon		Office		NJ		25,837				5,300				36,768				2,010				5,300				38,778				44,078				9,858				N/A		10/3/2013		5-40 years
Fox Head		Office		CA		—				3,672				23,230				—				3,672				23,230				26,902				3,442				N/A		10/29/2013		5-40 years
Coca-Cola Refreshments		Office		GA		—				5,000				50,227				1,946				5,000				52,173				57,173				11,845				N/A		11/5/2013		5-40 years
General Electric		Office		GA		—			(4)	5,050				51,396				153				5,050				51,549				56,599				7,398				N/A		11/5/2013		5-40 years
Atlanta Wildwood		Office		GA		—				4,189				23,414				1,612				4,189				25,026				29,215				6,523				N/A		11/5/2013		5-40 years
Community Insurance		Office		OH		—				1,177				22,323				—				1,177				22,323				23,500				3,883				N/A		11/5/2013		5-40 years
Anthem		Office		OH		—				850				8,892				—				850				8,892				9,742				2,071				N/A		11/5/2013		5-40 years
JPMorgan Chase		Office		OH		—				5,500				39,000				212				5,500				39,212				44,712				6,531				N/A		11/5/2013		5-40 years

										Initial Cost to Company (2)								Cost  Capitalized Subsequent to Acquisition				Gross Carrying Amount at December 31, 2017																				Life on which depreciation in latest income statement is computed
Property		Property Type		ST		Encumbrances (1)				Land				Building and Improvements				Building and Improvements				Land				Building and Improvements				Total				Accumulated Depreciation and Amortization				Date of Construction		Date of Acquisition
IBM		Office		OH		—				4,750				32,769				391				4,750				33,160				37,910				8,037				N/A		11/5/2013		5-40 years
Aetna		Office		TX		—				3,000				12,330				185				3,000				12,515				15,515				3,245				N/A		11/5/2013		5-40 years
CHRISTUS Health		Office		TX		—			(4)	1,950				46,922				332				1,950				47,254				49,204				9,145				N/A		11/5/2013		5-40 years
Roush Industries		Office		MI		—				875				11,375				534				875				11,909				12,784				2,979				N/A		11/5/2013		5-40 years
Wells Fargo		Office		WI		—				3,100				26,348				6,217				3,100				32,565				35,665				12,475				N/A		11/5/2013		5-40 years
Shire Pharmaceuticals		Office		PA		—				2,925				18,935				715				2,925				19,650				22,575				6,865				N/A		11/5/2013		5-40 years
United HealthCare		Office		MO		—				2,920				23,510				283				2,920				23,793				26,713				5,983				N/A		11/5/2013		5-40 years
Northpointe Corporate Center II		Office		WA		—				1,109				6,066				4,576				1,109				10,642				11,751				2,003				N/A		11/5/2013		5-40 years
Comcast (Northpointe Corporate Center I)		Office		WA		—			(4)	2,292				16,930				1,571				2,292				18,501				20,793				3,957				N/A		11/5/2013		5-40 years
Farmers		Office		KS		—				2,750				17,106				51				2,750				17,157				19,907				3,511				N/A		12/27/2013		5-40 years
Caterpillar		Industrial		IL		—				6,000				46,511				—				6,000				46,511				52,511				10,717				N/A		1/7/2014		5-40 years
DigitalGlobe		Office		CO		—				8,600				83,400				—				8,600				83,400				92,000				12,692				N/A		1/14/2014		5-40 years
Waste Management		Office		AZ		—				—				16,515				10				—				16,525				16,525				3,057				N/A		1/16/2014		5-40 years
BT Infonet		Office		CA		—				9,800				41,483				—				9,800				41,483				51,283				7,082				N/A		2/27/2014		5-40 years
Wyndham Worldwide		Office		NJ		—				6,200				91,153				—				6,200				91,153				97,353				10,609				N/A		4/23/2014		5-40 years
Ace Hardware		Office		IL		—			(4)	6,900				33,945				—				6,900				33,945				40,845				4,795				N/A		4/24/2014		5-40 years
Equifax I		Office		MO		—				1,850				12,709				78				1,850				12,787				14,637				2,504				N/A		5/20/2014		5-40 years
American Express		Office		AZ		—				15,000				45,893				—				15,000				45,893				60,893				11,792				N/A		5/22/2014		5-40 years
SoftBank		Office		CA		—				22,789				68,950				3,400				22,789				72,350				95,139				17,454				N/A		5/28/2014		5-40 years
Vanguard		Office		NC		—				2,230				31,062				—				2,230				31,062				33,292				4,570				N/A		6/19/2014		5-40 years
Restoration Hardware		Industrial		CA		—			(4)	15,463				—				74,213				15,463				74,213				89,676				8,135				8/15/2015		6/20/2014		5-40 years
Parallon		Office		FL		—				1,000				16,772				—				1,000				16,772				17,772				2,442				N/A		6/25/2014		5-40 years
TW Telecom		Office		CO		19,169				10,554				35,817				1,240				10,554				37,057				47,611				5,721				N/A		8/1/2014		5-40 years
Equifax II		Office		MO		—				2,200				12,755				70				2,200				12,825				15,025				2,015				N/A		10/1/2014		5-40 years
Mason I		Office		OH		—				4,777				18,489				—				4,777				18,489				23,266				1,457				N/A		11/7/2014		5-40 years
Wells Fargo		Office		NC		—			(4)	2,150				40,806				46				2,150				40,852				43,002				4,907				N/A		12/15/2014		5-40 years
GE Aviation		Office		OH		—				4,400				61,681				—				4,400				61,681				66,081				9,046				N/A		2/19/2015		5-40 years
Westgate III		Office		TX		—				3,209				75,937				—				3,209				75,937				79,146				7,727				N/A		4/1/2015		5-40 years
Lisle		Office		IL		—				2,788				16,200				33				2,788				16,233				19,021				2,860				N/A		6/10/2015		5-40 years
Bloomingdale		Office		IL		—				588				2,986				—				588				2,986				3,574				794				N/A		6/10/2015		5-40 years
Columbia		Office		MD		—				6,989				46,875				171				6,989				47,046				54,035				5,433				N/A		6/10/2015		5-40 years
Denver		Office		CO		—				9,948				23,888				3,670				9,948				27,558				37,506				2,806				N/A		6/10/2015		5-40 years
Columbus		Office		OH		—				2,943				22,651				133				2,943				22,784				25,727				3,802				N/A		6/10/2015		5-40 years
Miramar		Office		FL		—				4,488				19,979				591				4,488				20,570				25,058				2,994				N/A		6/10/2015		5-40 years

										Initial Cost to Company (2)								Cost  Capitalized Subsequent to Acquisition				Gross Carrying Amount at December 31, 2017																				Life on which depreciation in latest income statement is computed
Property		Property Type		ST		Encumbrances (1)				Land				Building and Improvements				Building and Improvements				Land				Building and Improvements				Total				Accumulated Depreciation and Amortization				Date of Construction		Date of Acquisition
Irving Carpenter		Office		TX		—			(4)	1,842				22,052				3,463				1,842				25,515				27,357				2,142				N/A		6/10/2015		5-40 years
Frisco		Office		TX		—			(4)	8,239				51,395				3,917				8,239				55,312				63,551				5,720				N/A		6/10/2015		5-40 years
Houston Westway II		Office		TX		—				3,961				78,668				—				3,961				78,668				82,629				10,791				N/A		6/10/2015		5-40 years
Houston Westway I		Office		TX		—				6,540				30,703				—				6,540				30,703				37,243				4,622				N/A		6/10/2015		5-40 years
Atlanta Perimeter		Office		GA		—			(4)	8,607				96,718				447				8,607				97,165				105,772				14,370				N/A		6/10/2015		5-40 years
Herndon		Office		VA		—				9,666				74,098				—				9,666				74,098				83,764				9,679				N/A		6/10/2015		5-40 years
Deerfield		Office		IL		—				4,339				37,298				1,032				4,339				38,330				42,669				8,467				N/A		6/10/2015		5-40 years
Highway 94		Office		MO		17,352				5,637				25,280				—				5,637				25,280				30,917				2,636				N/A		11/6/2015		5-40 years
DynCorp		Office		TX		—				1,952				15,540				—				1,952				15,540				17,492				2,040				N/A		12/11/2015		5-40 years
Mercedes-Benz		Office		TX		—				2,330				26,376				—				2,330				26,376				28,706				3,369				N/A		12/11/2015		5-40 years
Samsonite		Office		FL		22,961				5,040				42,490				—				5,040				42,490				47,530				3,140				N/A		12/11/2015		5-40 years
Lynwood III & IV		Land		WA		—				2,865				—				—				2,865				—				2,865				—				N/A		3/17/2016		N/A
HealthSpring		Office		TN		21,694				8,126				31,447				—				8,126				31,447				39,573				2,503				N/A		4/27/2016		5-40 years
Fort Mill		Office		SC		—				4,612				86,352				—				4,612				86,352				90,964				222				N/A		11/30/2017		5-40 years
Fort Mill II		Office		SC		—				1,275				41,507				—				1,275				41,507				42,782				105				N/A		11/30/2017		5-40 years
Total All Properties (3)						$	672,626			$	342,021			$	2,405,910			$	121,397			$	342,021			$	2,527,307			$	2,869,328			$	426,752

(1) Amount does not include the net loan valuation discount of $0.3 million related to the debt assumed in the Highway 94, Samsonite and HealthSpring property acquisitions.

(2) Building and improvements include tenant origination and absorption costs.

(3) As of December 31, 2017, the aggregate cost of real estate the Company and consolidated subsidiaries own for federal income tax purposes was approximately $2.9 billion (unaudited).

(4) The Bank of America Loan is secured by cross-collateralized and cross-defaulted first mortgage liens on the proper

	Activity for the Year Ended December 31,
	2017				2016				2015
Real estate facilities
Balance at beginning of year	$	3,024,389			$	2,968,982			$	1,823,895
Acquisitions	133,747				42,438				1,087,153
Improvements	12,479				16,792				7,382
Construction-in-progress	1,752				575				45,067
Other adjustments	(2,785		)		(4,398		)		—
Real estate assets held and used	—				—				70,907
Write down of tenant origination and absorption costs	(2,352		)		—				—
Sale of real estate assets	(297,902		)		—				(65,422		)
Balance at end of year	$	2,869,328			$	3,024,389			$	2,968,982
Accumulated depreciation
Balance at beginning of year	$	338,552			$	208,933			$	102,883
Depreciation and amortization expense	116,583				130,849				112,748
Depreciation expense (held and used adjustment)	—				—				4,621
Less: Non-real estate assets depreciation expense	(1,554		)		(1,230		)		(328		)
Less: Sale of real estate assets depreciation expense	(26,829		)		—				(10,991		)
Balance at end of year	$	426,752			$	338,552			$	208,933
Real estate facilities, net	$	2,442,576			$	2,685,837			$	2,760,049

X

- Definition

The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 28

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 970
-SubTopic 360
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-28)
-URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024

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