Monday, May 18, 2009

Grubb & Ellis Selected to Lease 3131 Turtle Creek in Dallas, TX

DALLAS, TX (May 18, 2009) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Proman International has selected the company to lease 3131 Turtle Creek, a 137,000-square-foot Class A, 13-story office building in Uptown Dallas.

“3131 Turtle Creek is located on the most prestigious street in Dallas,” said Chris Wright, senior vice president.

“Along with its unparalleled location, the building itself boasts 24-hour security, on-site management, panoramic views of the Dallas skyline (top right photo) and free covered parking, which is a valuable amenity in this area.”

The property is currently 80 percent leased and has 16 spaces available, ranging in size from 600 square feet to 11,000 square feet. The smaller spaces can be rented contiguously to one another, while the largest space, 11,000 square feet, occupies an entire floor.

Wright and Noreen Mehdi, associate, also of Grubb & Ellis’ Dallas office, are the listing agents on the project.

Contacts:

Julia McCartney, 714.975.2230, julia.mccartney@grubb-ellis.com
Damon Elder. 714.975.2659, damon.elder@grubb-ellis.com

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