New Moves and Faces at Grubb & Ellis

Pete Bolton to Head Grubb & Ellis-Owned Office in Phoenix

SANTA ANA, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Pete Bolton, (top right photo)  one of the most successful and best known leaders in the Phoenix commercial real estate market, has rejoined the company as executive vice president, managing director.

Bolton’s hire follows Grubb & Ellis’ announcement earlier this month that it will open a company-owned office to serve the Phoenix market.

“Grubb & Ellis has been an integral part of the Phoenix commercial real estate market for four decades. We have significant client relationships, which we believe will be better served through a company-owned office,” said Jack Van Berkel, (top left photo)  chief operating officer of Grubb & Ellis Company and president, Real Estate Services.

“When we began searching for a Phoenix market leader, Pete was the first person to come to mind. He brings the leadership skills, relationships and local market knowledge that will allow us to get our office up and running quickly, and the commitment to client service that will help to make us the market leader.”

Bolton brings extensive leadership experience to his new role, having spent nine years at CB Richard Ellis as senior managing director of the company’s Phoenix office during which time he significantly increased productivity and tripled the office’s revenue.

 Prior to joining CB Richard Ellis in 1999, he spent three years at Grubb & Ellis Company as senior vice president, district manager. Bolton began his real estate career in 1980 at Grubb & Ellis as an industrial broker.

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

Chuck Hunt Assumes Responsibility for Grubb & Ellis’s Southern California Region

SANTA ANA, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Chuck Hunt, (middle right photo) executive managing director, Los Angeles, has been promoted to oversee the company’s newly created Southern California region.

Hunt, a 31-year commercial real estate veteran, has served as executive managing director of the company’s Los Angeles operations since 2008. In addition to having responsibility for the day-to-day management of the Los Angeles area, he will have oversight of the company’s Ontario, Anaheim and Newport Beach offices. He will work closely with the individual market leaders to improve profitability, recruit professionals and expand client relationships.

Contacts: Janice McDill, Julia McCartney, Phone: 312.698.6707, 714.975.2230, Email: janice.mcdill@grubb-ellis.com,  julia.mccartney@grubb-ellis.com