Hunt called Kojaian’s appointment as chairman “extremely positive” for the company.
Kojaian has been a member of the Grubb & Ellis board of directors since 1996. He served as chairman from June 2002 through the completion of the company’s merger with NNN Realty Advisors, LLC in December 2007. He is president of Kojaian Ventures, LLC and executive vice president of Kojaian Management Corporation, both of which are investment firms. He is also a director of Arbor Realty Trust, Inc.
Carpenter joined the NNN Realty Advisors board in 2006, and became a member of the Grubb & Ellis board of directors following the completion of the merger. He was named chairman in February 2008.
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