Found this company through Rhizome's Q3 Letter. Griffin looks interesting. They own warehouses in Hartford, Lehigh Valley, and Charlotte. The company also owns 4,000 acres of land that does not generate much in revenue. According to the letter, NAV is 80% higher than their cost and it looks like the NOI is ~$25mm after the company announced some additional leasing. There are structural trends of building warehouses closer to the end consumer. At an EV of $295mm, the company is trading at a mid-8 cap rate.
Also, looks like they made the right call selling FRPH when they did. It trades at $46/share now.