Thursday, February 5, 2009

Grubb & Ellis Promotes Piers Chance to Vice President, Director of Management Services for North and Central Texas

DALLAS, TX – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announce that Piers Chance, (top right photo) CPM, has been promoted to vice president, director of management services for North and Central Texas.

In his new position, Chance will oversee and direct the property and facility management operations of the company in and around Dallas-Fort Worth, Austin and San Antonio.

“Piers is one of the most highly respected real estate professionals in Texas,” said Moody Younger, executive managing director of Grubb & Ellis’ Texas operations. “With more than 30 years of experience developing, organizing and directing teams to effectively lease and manage commercial real estate, he is a tremendous asset to our clients and our people.”

Chance joined the company in May 2008 as assistant vice president and portfolio manager.

Prior to joining Grubb & Ellis, he was a senior property manager with The Koll Company in Dallas, where he was responsible for all property management, construction and financial reporting for an approximately one million square foot portfolio of commercial properties.

Previously, Chance served as a portfolio and senior property manager for both CB Richard Ellis and Trammel Crow Company, as well as a regional manager for Lincoln Property Company.

Contact: Damon Elder Phone: 714.975.2659Email: damon.elder@grubb-ellis.com

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