Grubb & Ellis Represents Landlord in 20,000-SF Lease Renewal to NorthShore University HealthSystem in Illinois

ROSEMONT, IL (Feb. 16, 2010) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that it facilitated the lease renewal of 20,299 square feet of space at 909 Davis St. in Evanston to NorthShore University HealthSystem, where NorthShore-affiliated physicians and other professionals currently operate medical practices.

Jason Streepy (middle left photo) and Linda Garske, (bottom right photo)  senior vice presidents in the Office Group, represented the landlord, American Fund US Investments/ Real Estate Capital Partners, in the transaction. Richard Berger and Michael Cummings of Colliers Bennett & Kahnweiler represented NorthShore University HealthSystem.

“We’re pleased to have retained a quality tenant such as NorthShore, particularly in today’s marketplace,” said Jason Winans, asset manager, Real Estate Capital Partners. “Renewing the leases we have with credit tenants in this facility is tremendously important for the rent roll and overall value of the building.”

Located in downtown Evanston seconds from the Metra Union Pacific North Line and CTA Purple Line, 909 Davis St. offers abundant local area amenities including a fitness center, a range of retail and restaurant options, and adjacent parking. The 195,245-square-foot property currently has 14,353 square feet available for lease, divisible to 9,558 square feet.

Headquartered in Evanston, Ill., NorthShore University HealthSystem is a comprehensive, fully integrated healthcare delivery system that serves the greater North Shore and northern Illinois communities.

NorthShore includes four hospitals – Evanston Hospital, Glenbrook Hospital, Highland Park Hospital and Skokie Hospital. The system has more than 2,000 affiliated physicians, including a multispecialty group practice with over 75 office locations.

Contact: Erin Mays, Phone: 312.698.6735, Email: erin.mays@grubb-ellis.com