GRIFFIN INDUSTRIAL REALTY, INC. (NASDAQ:GRIF) Files An 8-K Regulation FD Disclosure

Item 7.01.

On May 23, 2017, Griffin Industrial Realty, Inc. (Griffin or
Registrant) issued a press release announcingthat it entered into
a purchase and sale agreement for the acquisition (the
Acquisition) of an approximately 277,000 square foot
industrial/warehouse building (the Building) in Concord, North
Carolina, located in the greater Charlotte area. Under the
purchase and sale agreement, the purchase price is approximately
$18.6 million to be paid in cash at closing. The Building was
constructed in 2015 and currently is approximately 60% leased.
This Acquisition would be Griffins first industrial/warehouse
building in the Charlotte area. Griffin intends to finance the
Acquisition using the approximately $9.7 million of cash being
held in escrow for a like-kind exchange under Section 1031 of the
Internal Revenue Code of 1986, as amended, with the balance of
the purchase price being paid from Griffins cash on hand.The
funds in escrow were from Griffins sale of approximately 67 acres
of undeveloped land in Connecticut that recently closed. Closing
on the Acquisition is subject to the satisfactory completion of
due diligence by Griffin. There is no guarantee that the
Acquisition will be completed under the current terms, or at all.

A copy of Griffins May 23, 2017 press release is attached as
Exhibit 99.1.

Exhibit 99.1:Registrants May 23, 2017 Press Release (attached
hereto).

This Current Report on Form 8-K includes forward-looking
statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. These forward-looking
statements includestatements regarding financing the Acquisition
and the closing of the Acquisition.Although Griffin believes that
its plans, intentions and expectations reflected in such
forward-looking statements are reasonable, it can give no
assurance that such plans, intentions or expectations will be
achieved. The projected information disclosed herein is based on
assumptions and estimates that, while considered reasonable by
Griffin as of the date hereof, are inherently subject to
significant business, economic, competitive and regulatory
uncertainties and contingencies, many of which are beyond the
control of Griffin and which could cause actual results and
events to differ materially from those expressed or impliedin the
forward-looking statements. Other important factors that could
affect the outcome of the eventsset forth in these statements
include the risk that Griffin may not be able to finance the
Acquisition in accordance with current expectations, and the risk
that the Acquisition will not be completed under its current
terms, or at all, and the important factors described in
Griffin’s Securities and Exchange Commission filings, including
the “Business,””Risk Factors” and “Forward-Looking
Information” sections in Griffin’s Annual Report on Form 10-K
for the fiscal year ended November 30, 2016. Griffin disclaims
any obligation to update any forward-looking statements as a
result of developments occurring after the date of this Current
Report on Form 8-Kexcept as required by law.

About GRIFFIN INDUSTRIAL REALTY, INC. (NASDAQ:GRIF)

Griffin Industrial Realty, Inc. (Griffin), formerly Griffin Land & Nurseries, Inc., is engaged in real estate business. The Company is principally involved in developing, managing and leasing industrial and commercial properties. It owns over 30 buildings consisting of approximately 3.0 million square feet. Approximately 86% of this square footage is industrial/warehouse space, with the balance principally being office/flex space. It leases approximately 89% of its industrial/warehouse space and approximately 85% of its office/flex space. Its commercial and industrial development is focused on NE Tradeport, an industrial park near Bradley International Airport, and Interstate 91, which is located in Windsor and East Granby, Connecticut. Its other commercial development in Connecticut is the combination of its buildings in Griffin Center in Windsor and Bloomfield, Connecticut, and Griffin Center South in Bloomfield. Its residential developments include Simsbury, Suffield and others.

GRIFFIN INDUSTRIAL REALTY, INC. (NASDAQ:GRIF) Recent Trading Information

GRIFFIN INDUSTRIAL REALTY, INC. (NASDAQ:GRIF) closed its last trading session down -0.10 at 30.37 with 11,227 shares trading hands.