BNET Industries

Market Cap:$96.4M
Last Fiscal Year Sales:$231.4M
  • Public
  • US
Dow Jones Description

Grubb & Ellis Company is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise. Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. The company and its subsidiaries currently manage a growing portfolio of more than 218 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year.

Interim Chief Executive Officer
Gary H. Hunt
Number of Employees 4,100
Contact Information

1551 N. Tustin Ave.

Suite #300

Santa Ana, California 92705

www.grubb-ellis...

800.877.9066

NAICS Code Nonresidential Property Managers: 531312

Recent Events

  • Winterbottom Joins Grubb & Ellis

    11/11/09 - Mgmt. Change Entering - Director - View Story

  • Davidson Joins Grubb & Ellis’ Philadelphia Office

    9/16/09 - Mgmt. Change Entering - Vice President - View Story

  • Grubb & Ellis Commercial Florida Names SVP

    9/16/09 - Mgmt. Change Entering - Vice President - View Story

  • Morris County People in Business

    9/13/09 - Mgmt. Change Entering - Vice President - View Story

  • DM colonel gets promoted to general

    9/04/09 - Mgmt. Change Entering - Vice President - View Story

  • Community Foundation, State Bar, Tucson Symphony Orchestra all elect officers

    7/24/09 - Mgmt. Change Entering - Manager - View Story

  • Grubb & Ellis Company Names David Susoreny Executive Vice President, Corporate Services Group

    7/01/09 - Mgmt. Change Entering - Vice President - View Story

  • Grubb & Ellis Company Forms Joint Venture With Meridian Companies

    6/17/09 - Joint Venture / Alliance - View Story

  • Grubb & Ellis Company Announces Resignation of Dylan Taylor

    6/15/09 - Mgmt. Change Leaving - Other - View Story

  • Grubb & Ellis Company Announces Resignation of Dylan Taylor

    6/15/09 - Mgmt. Change Leaving - Vice President - View Story

  • Grubb & Ellis Reports First Quarter Loss

    6/04/09 - Financial Announcement - View Story

News & Analysis

grubb & ellis co. - All News and Analysis

Decision Makers

Name (plus bio) Position
Gary H. Hunt Interim Chief Executive Officer
Kevin K Hull President & Chief Executive Officer, Grubb & Ellis Securities, Inc.
Gregory W Coxon President, Transaction Services, Western Region
Jack Van Berkel President, Transaction Services & Chief Operating Officer
Jeffrey T. Hanson President & Chief Investment Officer, Realty Advisors
Michael J. Rispoli Chief Financial Officer, Grubb & Ellis Realty Investors
Richard W Pehlke Executive Vice President & Chief Financial Officer
Andrea R. Biller General Counsel, Executive Vice President and Secretary
Brett Hunsaker Executive Vice President, Business Development
Danny Prosky Executive Vice President, Healthcare Real Estate
David Flynn Executive Vice President, Global Client Services
David Susoreny Executive Vice President, Corporate Services Group
James Jones Executive Vice President, Operations
Jay P. Leupp Executive Vice President & President, Grubb & Ellis Alesco Global Advisors, LLC
Jeffrey W. Shell Executive Vice President
Larry Ebert Executive Vice President, National Head, Project Management
Maureen Ehrenberg Executive Vice President
Robert Slaughter Executive Vice President & General Counsel
Amanda Piwonka Senior Vice President, Human Resources
David Ghermezian Senior Vice President
David Kilborn Jr. Senior Vice President, Office Group, Atlanta
Ed Rosenthal Senior Vice President
Frances Lewis Senior Vice President, Marketing and Communications
Jim Dugan Senior Vice President, Office Service Group, King of Prussia Office
Jim Vanderslice Senior Vice President
Karen Krackov Regional Senior Vice President, South Region, Management Services
Rob Collins Senior Vice President, National Accounts, Grubb & Ellis Management Services, Inc.
Robert Griffith Senior Vice President, Institutional Investment Group
Tom Miller Senior Vice President, Office Group
W. Calvin Meeder Senior Vice President, Project Management Services Group
Brian Richardson Vice President, Multi Family Group
Christine Teagle Vice President, Asset Management, Realty Investors
Curtis Ullstrom Associate Vice President, Industrial Group
Dan O’Hare Vice President, Asset Management, GBE Realty Investors
Faye Herriott First Vice President, Office Services Group, Grubb & Ellis Adena Realty Advisors
Geraldine Walsh Vice President, Regional Director of Operations for Management Services
Jeredith Duvall Vice President, Office & Investment Transactions
John T. Koss Vice President, Asset Management, GBE Realty Investors
Lee Wagner Vice President, Office Group
Michael S. Davidson Vice President, Industrial Group
Richard T. Davis Vice President, Orlando
Robert Bridges Vice President
Ross Crowe Vice President of Asset Management, GBE Realty Investors
Tom Oldham Vice President, Industrial Group
Ken Soltis Regional Managing Director, Corporate Services Group
Erik Foster Senior Vice President & Director, Capital Markets
Jim Cortney Director, Corporate Services Group
Lee Wallis senior vice president, director of property services
Lesley Simmons Marketing Director
Michael Dee Senior Vice President & Natl Director, Retail Transaction Services
Teri Rappucci Senior Project Manager, Philadelphia Offices
Craig Cahow Senior Vice President
David Smith
Gregory Valladao
John Hoffman
Jon Nesbitt
Kearny Mesa
Lori Eastman Marketing Coordinator
Matthew Schnurr
Michelle Schierberl
Rob Hughes Senior Vice President, Industrial Group
Scot Farber
Steven Gichner
Steven Timmel
Thomas Eames

Board of Directors

Name (plus bio) Position
Glenn L. Carpenter Chairman
C. Michael Kojaian Board of Directors
D. Fleet Wallace Board of Directors
Devin I. Murphy Board of Directors
Harold H. Greene Board of Directors
Rodger D Young Board of Directors

Hunt is responsible for the day-to-day management of Grubb & Ellis Company as its interim chief executive officer; he also serves as a member of the board of directors. Hunt is the managing partner of California Strategies LLC and previously served as an executive vice president and member of the board of directors of The Irvine Company, a 140-year-old privately held real estate investment company best known for the communities it has planned and developed on the Irvine Ranch in Orange County, California. Hunt is also a member of the boards of Glenair Inc., The Beckman Foundation and William Lyon Homes.

Organization Position Status
Grubb & Ellis Company Interim Chief Executive Officer Current
Nnn Capital Corp Director and Interim Chief Executive Officer Current
Grubb & Ellis Securities, Inc Director and Interim Chief Executive Officer Current
Lennar Corporation Senior Advisor Current
Tejon Preserve Current
Kennecott Land Chairman, Board of Advisors Current
William Lyon Homes Board of Directors Current
Glenair Inc. Board of Directors Current
Nnn Capital Corp Board of Directors Current
Grubb & Ellis Company Board of Directors Current
California Strategies, LLC Managing Partner Former
California Business Roundtable Board of Directors Former
NNN Realty Advisors, Inc. Board of Directors Former
The Irvine Company Inc. Board of Directors Former
University of Cincinnati Former

Hull is the president and chief executive officer of Grubb & Ellis Securities, Inc., the managing broker-dealer of the various investment programs sponsored by Grubb & Ellis Company and its subsidiaries, a position he has held since 2005. He began his career in the securities industry in 1988 at the NASD (now FINRA) and was in private practice at two international law firms for six years prior to joining Grubb & Ellis Securities, Inc. Hull holds securities registrations as a general securities principal and financial and operations principal. He is admitted to practice law in California, New York and Massachusetts.

Organization Position Status
Grubb & Ellis Company President & Chief Executive Officer, Grubb & Ellis Securities, Inc. Current

Organization Position Status
Grubb & Ellis Company President, Transaction Services, Western Region Current
CB Richard Ellis Group, Inc. Senior Managing Director Former

Van Berkel oversees operations and business integration for Grubb & Ellis, having joined NNN Realty Advisors in August 2007 to assist with the merger of the two companies. He is responsible for the strategic direction of all Grubb & Ellis’ human resources, marketing and communications, research and other day-to-day operational activities. He has 25 years of experience, including more than four years at CB Richard Ellis as senior vice president, human resources as well as in senior global human resources, operations and sales positions with First Data Corporation, Gateway Corporation and Western Digital.

Organization Position Status
Grubb & Ellis Company President, Transaction Services & Chief Operating Officer Current
Grubb & Ellis Company Executive Vice President Former
Grubb & Ellis Company Senior Vice President, Human Resources, Realty Advisors Former
NNN Realty Advisors, Inc. Senior Vice President, Human Resources Former
CB Richard Ellis Group, Inc. Senior Vice President, Corporate Human Resources Former
Western Digital Corporation Senior Vice President, Hr Former

Hanson joined Grubb & Ellis Realty Investors in July 2006 as its chief investment officer and served in an identical capacity with NNN Realty Advisors upon its formation later that year. He is responsible for the acquisition and disposition of real property for the various investment programs sponsored by Grubb & Ellis and its subsidiaries, and was elevated to president of Grubb & Ellis Realty Investors following the merger between Grubb & Ellis and its parent company, NNN Realty Advisors. Hanson has a long history with Grubb & Ellis, having served as a senior vice president of the company’s Institutional Investment Group and as one of the firm’s most successful investment brokers for ten years.

Organization Position Status
Grubb & Ellis Company President & Chief Investment Officer, Realty Advisors Current
Hanson Gallagher Team Current
General Electric Capital Corporation Former
RREEF Management Former
Southern California University Former

Organization Position Status
Grubb & Ellis Company Chief Financial Officer, Grubb & Ellis Realty Investors Current
Grubb & Ellis Company Senior Vice President, Strategic Planning and Investor Relations Former

Pehlke joined Grubb & Ellis Company as executive vice president and chief financial officer in 2007, bringing more than 30 years of experience in senior financial positions at global companies in the telecommunications, financial services and food and consumer products industries. His professional experience includes roles as chief financial officer, executive vice president and director of Hudson Highland Group, chief financial officer and executive vice president of ONE, Inc., and vice president and treasurer of Ameritech Corporation. He also has served on the boards of several public and private companies throughout the world.

Organization Position Status
Grubb & Ellis Company Executive Vice President & Chief Financial Officer Current

Andrea R. Biller, General Counsel, Executive Vice President and Secretary , joined us in March 2003 as General Counsel and became our General Counsel, Executive Vice President and Secretary in November 2006. Ms. Biller has also served as Executive Vice President and Secretary of NNN Healthcare/Office REIT, Inc. since April 2006, Secretary of NNN Apartment REIT, Inc. since January 2006 and Secretary of T REIT Inc. since May 2004. Ms. Biller has served as Executive Vice President and Secretary of G REIT, Inc. since December 2005 and June 2004, respectively. Ms. Biller served as Special Counsel at the Securities and Exchange Commission, Division of Corporate Finance, in Washington D.C. from 1995-2000, and as a private attorney specializing in corporate and securities law from 1990-1995 and 2000-2002. Ms. Biller received a J.D. from George Mason University School of Law, an M.A. in Psychology from Glassboro State University and a B.A. from Washington University. Ms. Biller is licensed to practice law in California, Virginia and Washington, D.C.

Organization Position Status
Nnn Apartment Reit, Inc. Executive Vice President Current
Grubb & Ellis Company General Counsel, Executive Vice President and Secretary Current
Proxyvotenow General Counsel Current
Nnn Apartment Reit, Inc. Secretary Current
Nnn Capital Corp General Counsel and Executive Vice Former
George Mason University J.D. Former
Washington University B.A. Former

Organization Position Status
Grubb & Ellis Company Executive Vice President, Business Development Current
CB Richard Ellis Group, Inc. Senior Managing Director Former
California State University B.A. Former

Organization Position Status
Grubb & Ellis Company Executive Vice President, Healthcare Real Estate Current
Grubb & Ellis Company Executive Vice President, Acquisitions, GBE Healthcare REIT Former
Grubb & Ellis Company Vice President of Acquisitions Former
Nnn Capital Corp Managing Director, Health Care Properties Former
HCP, Inc. Former
Boston University Masters of Science Degree In Management Former
University of Colorado Bachelor of Science Degree In Finance Former

Organization Position Status
Grubb & Ellis Company Executive Vice President, Global Client Services Current

Organization Position Status
Grubb & Ellis Company Executive Vice President, Corporate Services Group Current
Grubb & Ellis Company Managing Director, Corporate Services Group Former

Organization Position Status
Grubb & Ellis Company Executive Vice President, Operations Current
New West Institute LLC Internal Consultant Current
CB Richard Ellis Group, Inc. Executive Vice President, Operations Former
University of California, Los Angeles MBA Former
University of Redlands Bachelor's Degree Former
University of California, Los Angeles Degree In Clinical Psychology Former

Leupp is an executive vice president of Grubb & Ellis Company and president of its subsidiary, Grubb & Ellis Alesco Global Advisors. Founded by Leupp in 2006, Grubb & Ellis Alesco Global Advisors will launch and manage a family of U.S. and global opened and closed-end real estate mutual funds, separate accounts and hedge funds. He formerly served as managing director of real estate equity research at RBC Capital Markets, the same role he previously filled at Robertson Stephens. Leupp was vice president of the Staubach Company and development manager at Trammell Crow Residential before entering the securities industry.

Organization Position Status
Grubb & Ellis Company Executive Vice President & President, Grubb & Ellis Alesco Global Advisors, LLC Current

Organization Position Status
Grubb & Ellis Company Executive Vice President Current
Cushman & Wakefield Inc. Executive Director, Investment Banking Former

Organization Position Status
Grubb & Ellis Company Executive Vice President, National Head, Project Management Current
Capital One Financial Corporation Managing Vice President, Corporate Real Estate Former
International Development Executive Director, Research Council Former
Ernst & Young National Director, Real Estate Services Former

Organization Position Status
Grubb & Ellis Company Executive Vice President Current
GEMS Mexicana, S. de R.L. de C.V. President Former
Grubb & Ellis Company President, Global Client Services Former

Organization Position Status
Grubb & Ellis Company Executive Vice President & General Counsel Current

Organization Position Status
Grubb & Ellis Company Senior Vice President, Human Resources Current
CB Richard Ellis Group, Inc. Vice President, Human Resources Former
Lennar Corporation Regional Human Resources Director Former
University of Phoenix MBA Former
California Polytechnic State University Bachelor's Degree Former

Organization Position Status
Grubb & Ellis Company Senior Vice President Current
Grubb & Ellis Company Investment Properties Specialist, West Los Angeles Office Former
University of Southern California B.S., Business Administration Former

Organization Position Status
Grubb & Ellis Company Senior Vice President, Office Group, Atlanta Current

Organization Position Status
Grubb & Ellis Company Senior Vice President Current
Los Angeles Urban Redevelopment Group Vice President Former
CB Richard Ellis Group, Inc. Founder, Urban Redevelopment Group Former

Organization Position Status
Grubb & Ellis Company Senior Vice President, Marketing and Communications Current

Organization Position Status
Grubb & Ellis Company Senior Vice President, Office Service Group, King of Prussia Office Current
Villanova University B.A. Former

Organization Position Status
Grubb & Ellis Company Senior Vice President Current

Organization Position Status
Grubb & Ellis Company Regional Senior Vice President, South Region, Management Services Current

Organization Position Status
Grubb & Ellis Company Senior Vice President, National Accounts, Grubb & Ellis Management Services, Inc. Current

Organization Position Status
Grubb & Ellis Company Senior Vice President, Institutional Investment Group Current

Organization Position Status
Grubb & Ellis Company Senior Vice President, Office Group Current
Providence College Assistant Professor Current
Atlanta Board of Realtors Member Current
CB Richard Ellis Group, Inc. Senior Vice President Former
Jennings, Ryan & Kolb Vice President Former
Florida State University B.S., Real Estate Former

Organization Position Status
Grubb & Ellis Company Senior Vice President, Project Management Services Group Current
Equis Corporation Vice President & Lead Project Manager Former
Koll & Company Vice President, Tenant Improvement Services Former

Organization Position Status
Grubb & Ellis Company Vice President, Multi Family Group Current
The Foundation Group Vice President Former

Organization Position Status
Grubb & Ellis Company Vice President, Asset Management, Realty Investors Current
Grubb & Ellis Company Regional Asset Manager, Realty Investors Former

Organization Position Status
Grubb & Ellis Company Associate Vice President, Industrial Group Current

Organization Position Status
Grubb & Ellis Company Vice President, Asset Management, GBE Realty Investors Current
Birtcher Anderson Realty, LLC Vice President, Asset Management Former
Spieker Properties Project Director Former
Grubb & Ellis Company Senior Asset Manager, GBE Realty Investors Former

Organization Position Status
Grubb & Ellis Company First Vice President, Office Services Group, Grubb & Ellis Adena Realty Advisors Current
Colliers Turley Martin Tucker Vice President Former
The Ohio State University Graduate Former

Organization Position Status
Grubb & Ellis Company Vice President, Regional Director of Operations for Management Services Current
Tishman Speyer Properties LP Property Manager Former

Jeredith Duvall joined Grubb & Ellis Company in 2008 as Vice President, Office/Investment Group. Prior to joining Grubb & Ellis, Jeredith was with TRI Commercial Real Estate Services, Inc. in California where she specialized in investment sales of office and retail properties, land acquisition, site selection, leasing and purchase negotiations, and tenant representation. Jeredith brings with her over twenty years of experience in real estate and the business arena. She is a licensed estate professional in Texas as well as three other states. Her insights and abilities allow her to fully access the scope of a project and secure the needed resources to consistently deliver successful outcomes.

Organization Position Status
Grubb & Ellis Company Vice President, Office & Investment Transactions Current
Tri Commercial Real Estate Services, Inc. Retail Specialist Current

Organization Position Status
Grubb & Ellis Company Vice President, Asset Management, GBE Realty Investors Current
Sares-Regis Group Regional Manager Former
PM Realty Group LP Senior Property Manager Former

Organization Position Status
Grubb & Ellis Company Vice President, Office Group Current

Organization Position Status
Grubb & Ellis Company Vice President, Industrial Group Current

Organization Position Status
Grubb & Ellis Company Vice President, Orlando Current

Organization Position Status
Grubb & Ellis Company Vice President Current

Organization Position Status
Grubb & Ellis Company Vice President of Asset Management, GBE Realty Investors Current
Grubb & Ellis Company Vice President Former
CB Richard Ellis Group, Inc. Assistant Vice President Former
Kennedy-Wilson, Inc. Managing Director Former
The Cadillac Fairview Corporation Limited property manager Former
Stephen F. Austin State University bachelor's degree in Finance Former

Organization Position Status
Grubb & Ellis Company Vice President, Industrial Group Current

Organization Position Status
Grubb & Ellis Company Regional Managing Director, Corporate Services Group Current

Organization Position Status
Grubb & Ellis Company Senior Vice President & Director, Capital Markets Current

Organization Position Status
Grubb & Ellis Company Director, Corporate Services Group Current
Grubb & Ellis Company Director, Corp Services, Rocky Mountain Region Former

Organization Position Status
Grubb & Ellis Company senior vice president, director of property services Current

Organization Position Status
Business Real Estate Brokerage Co. Marketing Director Current
Grubb & Ellis Company Marketing Director Current

Organization Position Status
Grubb & Ellis Company Senior Vice President & Natl Director, Retail Transaction Services Current

Organization Position Status
Grubb & Ellis Company Senior Project Manager, Philadelphia Offices Current
Remington Group, Inc Project Manager & Marketing Director Former
Jackson Cross Partners, LLC Manager, Select Medical Corp. Real Estate Transactions Team Former
The Pennsylvania State University B.A., Communications Former

Organization Position Status
Grubb & Ellis Company Senior Vice President Current
The Staubach Company Inc. Vice President Former
Cabi Developers, LLC Managing Director, Leasing Former

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Marketing Coordinator Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current
Shopping Centers Former

Organization Position Status
Michigan Commercial Realty, LLC Board of Realtors Current
Grubb & Ellis Company Senior Vice President, Industrial Group Current
National Association of Realtors Member Current
Michigan Association of Realtors Member Current
Colliers International Mortgage Corporation Leasing and Sales of Industrial, R&D & Manufacturing Facilities Former

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Grubb & Ellis Company Current

Organization Position Status
Fountainglen CEO, President and Chairman Current
Grubb & Ellis Company Chairman Current
Nnn Capital Corp Board of Directors Current
California State University Board of Directors Current
Reit Corp Chief Executive Officer Former
Reit Corp Founder Former
Grubb & Ellis Company Board of Directors Former
NNN Realty Advisors, Inc. Board of Directors Former
California State University BS Degree Former

Organization Position Status
Landauer, Inc. Chairman of The Board Current
Grubb & Ellis Company Board of Directors Current
Arbor Realty Trust, Inc. Board of Directors Current
Flagstar Bank Board of Directors Current
Grubb & Ellis Company Chairman Former

Organization Position Status
McCann Realty Group Principal Current
Grubb & Ellis Company Board of Directors Current
NNN Realty Advisors, Inc. Board of Directors Former
NNN Realty Advisors, Inc. Board of Directors Former

Organization Position Status
Coventry Real Estate Advisors Managing Partner Current
Grubb & Ellis Company Board of Directors Current
Deutsche Bank Securities Inc. Global Head of Real Estate Investment Banking Former

Organization Position Status
William Lyon Homes Board of Directors Current
Grubb & Ellis Company Board of Directors Current
NNN Realty Advisors, Inc. Board of Directors Former

Organization Position Status
Young & Susser Current
Grubb & Ellis Company Board of Directors Current
Westgroup LLC co-author Former
Michigan Bar Journal co-author Former
Michigan Supreme Court Former
University of Minnesota Juris Doctorate Former
University of Montana Former
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     GBE $1.48 -0.04 (-2.63% )
Average Volume 1,016,190
Shares Outstanding 65.18M
Market Cap 96.5M
Year High 2.17
Year Low 0.25
Earnings Per Share -4.98
P/E Ratio -0.30
Dividend 0.41
Yield 27.70
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