Grubb & Ellis Company Announces Recent Transactions
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Grubb & Ellis Company Announces Recent Transactions

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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.

SALE

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.

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