Thursday, May 8, 2008

Greg Coxon Joins Grubb & Ellis Company as President, Transaction Services--Western Region

SANTA ANA, CA, May 8 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (NYSE:GBE), a leading real estate services and investment firm, today announced that Greg Coxon (top right photo) has been named President, Transaction Services -- Western Region, a newly created position that expands the Company's management team and reinforces its commitment to strengthen its brokerage platform.

Based in Phoenix, Coxon will be responsible for overseeing the Company's offices west of the Mississippi. In addition, he will play an integral role as part of the Transaction Services management team, and in executing Grubb & Ellis' strategy to expand its brokerage footprint and the integrated services it provides its clients.

"Greg has a long and successful track record in the brokerage industry. His appointment as President of our Western Region significantly strengthens our management team and reinforces our commitment to expanding our Transaction Services platform," said Scott D. Peters, top left photo) Chief Executive Officer of Grubb & Ellis Company.

Coxon joins Grubb & Ellis from CB Richard Ellis, where he was Senior Managing Director in the company's Arizona region. He began his 20-year brokerage career at Grubb & Ellis in 1980 and has considerable experience in the leasing, disposition and acquisition of properties, property management and real estate tax equity assurance.

CONTACT:
Janice McDill of Grubb & Ellis,
+1-312-698-6707,

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