Thursday, December 11, 2008

Grubb & Ellis Announces Final Voting Results for 2008 Annual

Certified Results Confirm Re-Election of All Three Grubb & Ellis Directors and Defeat of All of Dissident’s Candidates and Bylaw Proposals

SANTA ANA, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announce IVS Associates, Inc., the independent inspector of election, has certified the voting results for the company’s 2008 Annual Meeting of Stockholders held on December 3, 2008.

The final results are identical to the preliminary numbers reported earlier on Dec. 10 and confirm that Grubb & Ellis stockholders voted to re-elect the incumbent Board’s three independent director nominees – Harold H. Greene, Devin I. Murphy and D. Fleet Wallace and ratified the appointment of Ernst & Young, LLP as the company’s independent public accountants.

The results also confirm that dissenting stockholder Mr. Anthony Thompson’s (top right photo) three candidates and his two bylaw proposals were rejected.

Contact: Investors: Laurie Connell / Amy Bilbija MacKenzie Partners, Inc. 212.378.7071 / 650.798.5206 lconnell@mackenziepartners.com / abilbija@mackenziepartners.com

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