Wednesday, April 20, 2011

Propp Realty Management Selects Grubb & Ellis to Lease 866,000-SF Office Portfolio in Denver Area


 DENVER, CO – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm,  announced that Propp Realty Management has selected Victor Frandsen, executive vice president, Office Group, and John Gustafson, senior associate, Office Group, as the leasing agents of the company’s entire Denver-area portfolio, including 16 office buildings totaling 866,166 square feet of space.   

 “This portfolio is ideally suited for a wide range of uses, including general, technology or medical office needs,” said Frandsen.  “Tenants also enjoy stable and professional ownership under local commercial real estate veteran Daryll Propp and his firm.”

 The portfolio contains six properties available for lease in Lakewood, including: Academy Park Commons, Golden Hill Office Centre, Applewood Tech Center, Youngfield Park, Terrace Point and 12157 W. Cedar Drive. 

Also located in Lakewood is the Energy Star rated 155 Van Gordon St., a 148,000-square-foot building that is fully leased to the Department of Veteran Affairs, and 2850 Youngfield St., which offers 70,000 square feet of space and is fully leased by the Bureau of Land Management.   

For more information, call 303.572.7700, or contact Frandsen at, or Gustafson at

Contact: Julia McCartney,  Phone:  714.975.2230                                     

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