Monday, August 2, 2010

Grubb & Ellis Recruits Four-Person Retail Team from Brick & Mortar Commercial


SAN FRANCISCO, CA (Aug. 2, 2010) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that the principals of Brick & Mortar Commercial and their two associates have joined the company to lead the growth of Grubb & Ellis’ retail capabilities in San Francisco, Marin County and the San Francisco Peninsula.

 The team includes Kenneth Brownell (top right photo)  and Peter Mikacich (top left photo) , both senior vice presidents, as well as Cameron Baird,(middle right photo)  vice president, and Shaun Bloomquist (middle left photo), senior associate.

Their addition is consistent with Grubb & Ellis’ strategy to substantially upgrade the company’s capabilities throughout the region.

 Since hiring Mark Geisreiter (bottom right photo) as executive vice president, managing director, in February 2009, the company has recruited 28 professionals and added new product lines, including Management Services, Debt & Equity Finance, Hospitality and Project Management.

“Ken, Pete and their team have earned an outstanding reputation by combining their commitment and dedication to clients with their extensive knowledge of the local retail markets.

" Ken and Pete represent the types of senior professionals we are actively recruiting as we expand our presence in the Bay Area; they are great brokers and great individuals,” Geisreiter said.

 “We anticipate considerable growth in our local Retail Group and they will provide the right foundation from which to build.”

Brownell joins the company with more than 35 years of experience.

 Prior to forming Brick & Mortar Commercial in 2007 with Mikacich, he spent 32 years with Blatteis Realty Company in the position of president.

He has devoted his entire career to the retail sector and transactions include Crunch Fitness, Walgreens, Talbots, Wells Fargo Bank, Smart & Final, Sterling Bank & Trust, Baskin Robins, See’s Candies, Goodwill Industries, Puma and Bebe.

 Brownell earned both bachelor’s and master’s degrees from University of California, Berkeley. He is a member of the International Council of Shopping Centers, as well as San Francisco Real Estate Exchange.

Prior to founding Brick & Mortar Commercial, Mikacich spent 13 years with Blatteis Realty Company, where he was one of the company’s top producing professionals nine times.

Baird joined Brick & Mortar in 2007 as senior vice president, where he focused on the real estate needs of bar and restaurant clients.

In the past 18 months, he has represented clients in more than 50,000 square feet of real estate transactions. He began his professional career in the retail industry with Sprint PCS, assisting the company in launching the Spring PCS Wireless Web throughout Arizona. He holds a bachelor’s degree from Arizona State University

Bloomquist began his career in commercial real estate in 2009. He holds a bachelor’s degree from Santa Clara University.

Contact: Julia McCartney, Phone: 714.975.2230, Email: julia.mccartney@grubb-ellis.com

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