SANTA ANA, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that it has hired industry veterans Randy Buddemeyer (top right photo) and Tim Rivers (top left photo) as part of the company’s strategy to significantly increase its presence in key markets throughout the Southeast.
Buddemeyer joins the company as executive managing director, responsible for the Florida and Carolinas region, and Rivers as senior vice president, director, Management Services.
“Grubb & Ellis is focused on growth, and Florida is an important region. It is home to many of the largest real estate owners and has four of the top 50 markets in the nation. As we look to expand our owned office presence throughout the Southeast, they will be instrumental in supporting this effort.”
This includes expanding the company’s presence throughout the region, with the first owned office planned for Charlotte later this year. Both he and Rivers will be based in Tampa. Jonathan Kingsley (lower left photo) , executive vice president based in Miami, will continue to oversee the company’s South Florida Transaction Services operations.
“Now, with the market on the verge of a recovery, the company’s comprehensive service offerings and ability to provide customized solutions present a real opportunity for Grubb & Ellis to gain market share and grow. It’s exciting to be able to execute on that potential.”
Contact: Janice McDill, Phone: 312.698.6707, Email: janice.mcdill@grubb-ellis.com
Grubb & Ellis Tapped as Leasing Agent for 500,000 SF in Suburban PhiladelphiaKING OF PRUSSIA, PA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, has been selected by Keystone Property Group to be the leasing agent for approximately 500,000 square feet of space at Valley Forge Office Center (lower left photo) and an additional 150,000 square feet at Valley Forge Park Place.
Jim Dugan, senior vice president; John Perkins, senior vice president; and Elaine Battaglia, associate, all in the company’s Office Group, will handle the leasing for the property.
“These properties offer first-class amenities, including on-site property management and convenient access to King of Prussia-area hotels, restaurants and shopping amenities,” said Dugan. “Both complexes are also in premier locations with excellent access to Route 202, the Pennsylvania Turnpike, I-76, I-476 and Route 422.”
Located in the 513,028-square-foot Valley Forge Office Center, 656-676 E. Swedesford Road Buildings offer spectacular common areas, including a three-story atrium, attractive modern glass facades and entrances, glass elevators and European-style restrooms, as well as Class A finishes and all-new, energy-efficient systems and windows in tenant suites.
The property was completely renovated in 2008 and has approximately 65,000 square feet of space available for lease.
Approximately 45,000 square feet of space is currently available in the buildings, which are located in the 156,264-square-foot Valley Forge Park Place. Both buildings were renovated in 2007.
Contact:
Erin Mays, Phone: 312.698.6735, Email: erin.mays@grubb-ellis.com
James Dugan, 610.879.4513 or james.dugan@grubb-ellis.com
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