Friday, February 20, 2009

Grubb & Ellis Named to 2009 Global Outsourcing 100 by International Association of Outsourcing Professionals

SANTA ANA, CA /PRNewswire-FirstCall/ -- Grubb & Ellis Company (NYSE:GBE), a leading real estate services and investment firm, announces that the International Association of Outsourcing Professionals(TM) has named Grubb & Ellis to The Global Outsourcing 100(TM), an annual ranking of the world's best outsourcing service providers and advisors.

"We are thrilled to have been recognized by IAOP for our ability to provide expert outsourcing services to multinational clients," said Dylan Taylor, (top right photo) President, Global Client Services.

"For Grubb & Ellis, 2008 was a year of unparalleled growth, as we significantly expanded relationships with many of our existing clients and won several new outsourcing agreements. We anticipate building on that success in 2009 by continuing to help our clients create and implement integrated solutions that address their unique business needs."

For a complete copy of the company's news release, please contact Janice McDill of Grubb & Ellis Company, +1-312-698-6707,

Web site:

Oviedo Commerce Center gains motorcycle shop in lease negotiated by C&W

ORLANDO, FL –Cushman & Wakefield of Florida, Inc. (C&W) announced the lease of 3,200 sf in the Oviedo Commerce Center (top left photo) for the relocation of Metal Mafia Custom Motorcycles’ retail showroom and shop.

Retail Brokerage Associate Mindy Boehm negotiated the 5-year lease, representing the landlord, Oviedo Commerce Center, LLC, in the transaction.

Contact: Brook Hines, Marketing Associate, Cushman & Wakefield, Tel: 407-541-4401,

Palmer Electric completes two office buildings in SouthPark, Orlando, FL

WINTER PARK, FL, Feb. 20, 2009 — Palmer Electric Company has completed contracts totaling just under $1 million for the electrical work for two, new office buildings in SouthPark Center, (top left and right bottom photos) a commerce park in Orlando, Fla.

Under its contracts with general contractor Brasfield & Gorrie LLC, Palmer completed 800 SouthPark, a two-story, 70,533-square-foot building, and 900 SouthPark, a two-story, 18,900-square-foot building.

Both buildings were developed by Flagler Development Company Land Holdings LLC of Coral Gables, Fla. HuntonBrady Architects of Orlando, Fla., provided architectural design. CHPA Consulting Engineers of Maitland, Fla., provided electrical engineering.

Palmer Electric Company is a provider of electrical contracting and service to contractors and builders for new construction and renovations of residential, commercial, institutional and industrial buildings as well as providing service and repairs to utilities, businesses and consumers.

Founded in 1951, the Company employs a staff of 350 from its headquarters in Winter Park, Fla.

For additional information, visit

Contact: Elaine Ingra, PR WORKS!, PH: 407 384-1344,,

Home Properties Reports Fourth Quarter and Year-End 2008 Results

ROCHESTER, N.Y. /PRNewswire-FirstCall/ -- Home Properties (NYSE: HME) hs released financial results for the fourth quarter and year ended December 31, 2008.

All results are reported on a diluted basis.
"Home Properties' solid 2008 operating results and record Funds from Operations per share once again reflect the Company's defensive characteristics, which have contributed to superior sector performance in a recessionary environment," said Edward J. Pettinella, (top right photo) President and CEO.
"We expect this outperformance to continue in 2009 as Home Properties is the only apartment REIT projecting an increase in net operating income for the year."

For a complete copy of the company's news release and financials, please contact
David P. Gardner, Executive Vice President and Chief Financia lOfficer, +1-585-246-4113, or Charis W. Warshof, Vice President, InvestorRelations, +1-585-295-4237, both of Home Properties