Grubb & Ellis Files Five-Day Extension for Third,Quarter

SANTA ANA, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, has filed a Form 12b-25 with the Securities and Exchange Commission related to the filing of its Form 10-Q for the third quarter ended September 30, 2009.

The company said that the extension is necessary to include information on its $90 million preferred equity transaction, which is expected to close on or about November 6. Grubb & Ellis expected to file its Form 10-Q within the five-day extension period afforded by Form 12b-25.

Grubb & Ellis has scheduled a live webcast to discuss its 2009 third quarter results on Wednesday, November 11, at 10:30 a.m. Eastern Standard Time. The Company will issue its financial results before the market opens that morning.

Contact:  Janice McDill, Phone: 312.698.6707, Email: janice.mcdill@grubb-ellis.com