Monday, September 13, 2010

Grubb & Ellis Promotes Kay Davis to Executive Vice President, Tenant Advisory Group

ATLANTA, GA (Sept. 13, 2010) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Kay Davis (top right photo) has been promoted to executive vice president, Tenant Advisory Group, effective immediately.

Davis, who is the first woman in Grubb & Ellis’ transaction services business to achieve the title, specializes in tenant representation of major national law firms, professional service firms and Fortune 500 companies.

 Brokerage professionals attain the title of executive vice president based on rigorous production level requirements.

“Kay’s ability to assess her clients’ needs and apply the right solution for them, not just what’s most profitable for her, is what makes her such a valued professional,” said Brett Hunsaker.

“As a result of this dedication to client service, she has been able to grow a number of client relationships from a single assignment into national, multi-service line accounts.”

Davis, who began her commercial real estate brokerage career in Grubb & Ellis’ Atlanta office in 1996, returned to the company as a senior vice president in 2006.

Grubb & Ellis Company Represents TIAA-CREF in 167,424-SF Lease to Net-A-Porter LLC in Mahwah, NJ

FAIRFIELD, N.J. (Sept. 13, 2010) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that John Beers and Craig Fitzpatrick, senior vice presidents of the company’s Office Group, represented TIAA-CREF in leasing 725 Darlington Ave., a 167,424 -square-foot industrial flex building in Mahwah, to Net-A-Porter LLC.

The building will serve as the online luxury fashion retailer’s North American headquarters for internet sales as well as a warehouse and distribution facility. The company signed a long-term lease and will take occupancy in November.

“During the transaction, Net-A-Porter was attracted to this building because of its excellent design, corporate neighbors and the strength of its institutional ownership,” said Beers. “All together, these aspects reflect the fashion company’s corporate image as a world-class provider of quality products and service, which was a top priority when searching for their headquarters space.”

Jason Goldman, Andrew Siemsen, Frank Caccavo and Owen Hane of Cushman & Wakefield represented Net-A-Porter in the transaction.

Contact: Erin Mays, Phone: 312.698.6735, Email: erin.mays@grubb-ellis.com

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