Monday, March 16, 2009

Pebley-Delhamer-Austin Team Join Grubb & Ellis's Ontario, CA Office

ONTARIO, CA, Mar. 16, 2009 – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that the team of James Delhamer (left), Terri Lee Pebley (center) and Nancy Austin (right, top photo, ) has joined its Ontario office as vice presidents with the Investment Group.

The team’s focus will be investment properties in San Bernardino and Riverside counties.

Pebley, Delhamer and Austin come to Grubb & Ellis from GRE Land & Commercial Brokerage in Murietta where they were principals.

Together they have over 70 years of commercial real estate experience and have consummated transactions across a broad range of product types including office, industrial, retail, land, self storage, assisted living and other special use properties.

“Terri, James and Nancy are all seasoned investment professionals and as a team they offer our clients a unique combination of skills and expertise,” said Mano Leventakis, senior vice president and managing director of Grubb & Ellis’ Inland Empire operation. “They will play a key role in growing our investment business, particularly in the area of distressed properties.”

Pebley has over 25 years of experience representing buyers and sellers of investment properties throughout Riverside County. She holds a B.S. in accounting from San Diego State University and a J.D. from Thomas Jefferson School of Law and is a CPA and California Real Estate Broker.

Delhamer has more than 30 years of real estate sales and development experience, including 20 years as division president of Newland Communities, a nationwide devlopment company. He holds an MBA from San Diego University and is a CPA, California Real Estate Broker and General Engineering Contractor.

Austin has over 20 years of commercial real estate experience and has represented clients in the leasing and sale of office, land and investment properties in the Inland Empire and East Los Angeles. She holds a B.S.E. and M.S. from Arkansas University as well as the Certified Commercial Investment Member designation.

“As one of the nation’s largest commercial real estate services firms, Grubb & Ellis offers the support, resources and integrated platform we felt was necessary to better serve our clients in today’s difficult economic environment,” said Pebley. “We’re excited to be part of the Inland Empire team.”

Contacts:

Sharon Abar, 714.975.2185, sharon.abar@grubb-ellis.com
Damon Elder, 714.975.2659, damon.elder@grubb-ellis.com

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