CHICAGO, IL (July 6, 2009) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Frank Scherer has joined the firm as vice president, Retail Group, effective immediately.In this role, Scherer will join senior vice presidents Ted Parris and Steve Monroe in supporting local and national clients as they restructure their real estate holdings during bankruptcy proceedings or other reorganization efforts.
“Frank brings extensive experience in supporting clients that are right-sizing, trying to decrease overhead costs to reinvest back into their business, or even undergoing Chapter 11 bankruptcy reorganization,” said Shawn Mobley,(top right photo) executive vice president and managing director of Grubb & Ellis’ Chicago offices. “Given the realities of today’s environment, we believe that this experience will be a significant benefit to our clients.”
Contact: Erin Mays 312.698.6735 erin.mays@grubb-ellis.com
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