Thursday, April 30, 2009

Grubb & Ellis Names Two New Vice Presidents

Thomas Green is Vice President, Industrial Group

MARLTON, NJ– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm,announced that Thomas Green, CCIM, (top right photo) a 21-year veteran of the commercial real estate industry, has joined the company as vice president, Industrial Group, effective immediately.

“Tom brings an extensive knowledge of the Southern New Jersey market as well as the experience of representing a broad range of clients and having been on the investor/developer side of the business,” said Bob Clements, executive vice president and managing director of Grubb & Ellis’ Philadelphia-area offices. “We are excited about the wealth of experience he brings to our Industrial Group.”

Green joins Grubb & Ellis from First Industrial Realty Trust, where he was an investment officer responsible for acquisitions and dispositions throughout the Philadelphia and Baltimore/Washington regions.

During his three years in this role, he acquired $49 million of industrial buildings totaling 1.4 million square feet. Green joined First Industrial as a senior marketing and leasing manager in 2003 and was responsible for marketing and leasing a 2-million-square-foot portfolio throughout South New Jersey.

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

Fred Cochran is Regional Vice President in Florida

SANTA ANA, CA – Grubb & Ellis Realty Investors LLC announced that Fred D. Cochran (top right photo) has joined the company as a regional vice president in Florida. Cochran will also be a registered representative of Grubb & Ellis Securities Inc., the broker-dealer affiliate of Grubb & Ellis Realty Investors.

In his new role, Cochran is responsible for raising equity for Grubb & Ellis Realty Investors’ real estate investment trust programs (Grubb & Ellis Apartment REIT and Grubb & Ellis Healthcare REIT) in the state of Florida. Cochran will work closely with John Wilkins, senior regional vice president for the Florida region.

“With 13 years of investment real estate experience, Fred joins Grubb & Ellis Securities backed by a successful track record and an in-depth understanding of the markets,” said Randy Beckman, executive vice president of sales.

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

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