DENVER (Feb. 17, 2010) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that James T. Cobb, Jr. (top right photo) has joined the company as senior vice president and local leader of the company’s Financial Services Asset Management group.
In his new role, Cobb will be responsible for marketing and account management of the company’s Financial Services Asset Management group, which offers strategic counsel and a full range of services to financial institutions and special servicers looking to create value through their real estate owned portfolios.
“Jim is well-known throughout the financial services industry in Denver and we are counting on him to play a critical role in servicing the needs of financial institutions and special servicers grappling with distressed commercial real estate assets,” said Conrad Andersen, executive vice president, Financial Services Asset Management. \
“His addition is part of Grubb & Ellis’ companywide initiative to build market share as the number of distressed assets grow over the coming year.”
Contact: Julia McCartney, Phone: 714.975.2230, Email: julia.mccartney@grubb-ellis.com
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