Grubb & Ellis Represents Wells Fargo Trust in Sale of Former Wickes Furniture Store in Victorville, CA for $4.2M

RIVERSIDE, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced that Ted Bradach, senior associate, Investment Group, represented Wells Fargo Trust in the sale of a former Wickes Furniture store to Ashley Furniture Industries Inc.

The asset, located at 12704 Amagosa Road in Victorville, sold for $4.2 million. .

The free-standing retail building offers 39,200 square feet of space and is located on approximately two acres of land.

Ashley Furniture, represented in the transaction by Aaron Hodgdon of The Hodgdon Group, is expected to open a store in November.

Contact::  Julia McCartney, Phone: 714.975.2230, Email: julia.mccartney@grubb-ellis.com


 Robert Black Joins  Edison, NJ Office as Vice President

EDISON, N.J. – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm,  announced that Robert F. Black, CCIM, has joined the company’s Edison, N.J., office as vice president, Office Group.

“Rob’s experience both as an office leasing expert as well as a business owner make him a valuable asset to our Office Group,” said Eric Stone, executive vice president and managing director of Grubb & Ellis’ Central and Northern New Jersey offices.

Black is a 35-year industry veteran with experience in office leasing and owner representation. Prior to joining Grubb & Ellis, he was principal and chief operating officer of Black & Company, a commercial real estate brokerage firm he founded in 1996.

Previously, Black was a vice president with CB Richard Ellis from 1981 to 1996, where he was recognized as the company’s top producer in the Central New Jersey office in 1989 and 1991.
Contact: Erin Mays, Phone: 312.698.6735, Email: erin.mays@grubb-ellis.com