Grubb & Ellis Awarded Property Management of 500,000 SF Sharp HealthCare Portfolio in San Diego, CA

POWAY, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, has been selected to provide property management services for two owned and three leased properties in and around San Diego totaling approximately 500,000 square feet on behalf of Sharp HealthCare, a not-for-profit integrated regional healthcare delivery system.

In addition, Grubb & Ellis will provide lease administration services for 80 Sharp HealthCare leaseholds throughout San Diego County.

Grubb & Ellis will provide comprehensive property management services at the 190,000-square-foot 8695 Spectrum Center Blvd. and the 95,000-square-foot 5525 Grossmont Center Drive in La Mesa; both properties are owned by Sharp HealthCare.

The company will also provide specialized management services for nearly 150,000 square feet of space located at 4000 Ruffin Road, 54,000 square feet of space at 3571 and 3572 Corporate Court, and 10,000 square feet of space at 3558 Ruffin Road.

“Grubb & Ellis is very pleased to establish this relationship with Sharp HealthCare,” said Hans Mumper, (top right photo) Grubb & Ellis’ senior vice president and director of Management Services for Southern California.

“Our goal as a company is to provide comprehensive service to our clients, and this multi-practice assignment demonstrates our ability to serve as a one-stop real estate services provider for our clients.”

The property management effort for the Sharp HealthCare portfolio is lead by Glenn Fibiger, portfolio manager, Western Region of Grubb & Ellis’ Poway office.

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