Grubb & Ellis Company (05/26/2008) – PHILADELPHIA (May 15, 2008) Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced the following transactions:LEASES
Lessor: Sant Properties Lessee: Cellco Partnership Description: 5,280-square-foot office lease renewal Location: 131-133 S. 24th St. Representatives: Craig Scheuerle of Grubb & Ellis represented the lessee.
Lessor: Kaiserman Company, Inc. Lessee: Chapter 13 Philadelphia Trustee Description: 10,456-square-foot office lease renewal Location: 111 S. Independence Mall East, Philadelphia Representatives: Steve Gendler of Grubb & Ellis represented the lessee.
Lessor: Ten Penn Center Associates, L.P. Lessee: Scottrade, Inc. Description: 1,779 square feet of office space Location: 1801 Market St. Representatives: Jack Soloff and Wayne Fisher of Grubb & Ellis represented the lessor.
Lessor: The Henderson Group Lessee: SunBridge Healthcare Corp. Description: 5 Christy Drive, Chadds Ford Location: 2,339 square feet of office space Representatives: Theo Notaras of Grubb & Ellis represented the lessee.
Buyer: Keystone Foods Seller: All County Partnership, L.P. Description: 25 acres of land Location: Valley View Center, Lot #4, Valley Township Representatives: Eustace Wolfington, Tim Brogan and Eric Stretch of Grubb & Ellis represented both the buyer and the seller.