Wednesday, January 6, 2010

Grubb & Ellis Represents NCS Pearson Inc. in Lease Renewal at 1 N. Dearborn, Chicago


CHICAGO (Jan. 6, 2010) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced today it represented NCS Pearson Inc. in its lease renewal and relocation at 1 N. Dearborn. (top left photo)  The publishing firm leased 15,938 square feet of space for 10 years.

Peter Block, senior vice president, and Alan Klingler, senior associate, both of the company’s Investment Group, facilitated the long-term lease.

“NCS Pearson was looking to downsize its space and relocate to another area of the building,” said Block. “We were able to reach an agreement with all parties to find a space that better meets the company’s needs.”

NCS Pearson Inc. is a leading publishing and education company headquartered in London. The company is scheduled to take occupancy on approximately April 1, 2010.

Contact: Erin Mays, Phone: 312.698.6735, Email: erin.mays@grubb-ellis.com

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