LOS ANGELES (May 19, 2009) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that 19-year commercial real estate veteran William J. Morris (top right photo) has joined its Los Angeles South Bay office. He will serve as senior vice president in the company’s Investment Services Group.Morris will be responsible for assisting institutional and private capital clients in advisory, evaluation, marketing and transaction management. He specializes in multifamily and commercial properties.
Morris brings to this position a strong background in numerous aspects of commercial real estate, which includes brokerage, finance, syndication, construction, renovation and property management. He has been involved in transaction sales in excess of $150 million dollars, including the sale of more than 3,000 apartment units.
“Bill is an experienced commercial real estate broker and I expect his keen sense of judgment and wide skill set will help Grubb & Ellis expand its multi-family presence in the LA market,” said Chuck Hunt, executive managing director of Grubb & Ellis’ Los Angeles area operations.
Neenah Paper Picks Grubb & Ellis to Sell 332,400-SF Industrial Complex in Ripon, CA
STOCKTON, CA, (May 19, 2009) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Neenah Paper Inc. has selected the company to market for sale its 332,400-square-foot industrial facility in Ripon. The property is co-marketed by Bryce MacDonald, senior associate of Grubb & Ellis’ Stockton office, and Tim Pryor of Mid Cal Industrial Properties. 
Located at 942 S. Stockton Ave., the property consists of four buildings on roughly 150 acres of land. The space is split between a 200,000-square-foot manufacturing building, a 100,000-square-foot distribution center and two storage sheds comprising 32,400 square feet.
“This is a unique site that offers an opportunity to a wide variety of prospective users, including the ability to reuse the site for alternative energy production,” said MacDonald. “The large amount of acreage in San Joaquin Valley, which boasts an excellent infrastructure, makes this an attractive acquisition for potential buyers.”
Located at 942 S. Stockton Ave., the property consists of four buildings on roughly 150 acres of land. The space is split between a 200,000-square-foot manufacturing building, a 100,000-square-foot distribution center and two storage sheds comprising 32,400 square feet.
“This is a unique site that offers an opportunity to a wide variety of prospective users, including the ability to reuse the site for alternative energy production,” said MacDonald. “The large amount of acreage in San Joaquin Valley, which boasts an excellent infrastructure, makes this an attractive acquisition for potential buyers.”
CONTACTS:
Julia McCartney, 714.975.2230, julia.mccartney@grubb-ellis.com
Damon Elder, 714.975.2659, damon.elder@grubb-ellis.com
Damon Elder, 714.975.2659, damon.elder@grubb-ellis.com
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