Chuck Hunt Returns to Grubb & Ellis Company as Executive Managing Director

          Hunt is Company's Fifth Key Management Hire Since April



    SANTA ANA, Calif., July 15 /EMWNews-FirstCall/ -- Grubb & Ellis

Company (NYSE: GBE), a leading real estate services and investment firm,

today announced that William F. (Chuck) Hunt, a 29-year veteran of the

Southern California real estate market, has been named Executive Managing

Director, responsible for the the Company's Los Angeles county offices.



    Hunt joins Grubb & Ellis from Eastdil Secured effective July 21. He

will be based in the Company's downtown Los Angeles office.



    Since 2005, Hunt was Managing Director at Eastdil Secured. In this

role, he was responsible for managing more than 170 professionals, business

development and strategic planning. Prior to joining Eastdil, Hunt oversaw

Grubb & Ellis' South Bay, West Los Angeles, Downtown Los Angeles and North

Los Angeles offices as Executive Vice President and Area Manager, Los

Angeles. During his tenure, he brought strong leadership to the region, and

increased total revenue of the LA metro offices by 15 percent.



    "I'm delighted that Chuck has decided to return to Grubb & Ellis," said

Greg Coxon, President, Transaction Services -- Western Region. "Chuck

brings tremendous client relationships and a keen understanding of the

commercial real estate industry, our culture and long-term business

objectives. I'm confident that under Chuck's leadership, our Los Angeles

offices will effectively leverage the Grubb & Ellis platform to provide

unparalleled client service and create an environment that will attract and

retain the region's top talent."



    Hunt began his real estate career in 1979 as an industrial broker at

Industrial Brokers, which was acquired by Cushman & Wakefield in 1980.

During his nearly 25-year career at Cushman & Wakefield, he held a number

of management positions, including Senior Managing Director for Southern

California, where he was responsible for all service lines within those

offices.



    "I am excited to be returning to Grubb & Ellis," Hunt said. "The

Company's recent merger with NNN Realty Advisors created a new company, and

I'm looking forward to leveraging its enhanced platform to create

opportunities for both our clients and our professionals."



    Hunt holds a bachelor's degree from Arizona State University. He is a

member of the Urban Land Institute and a member and past board member of

the National Association of Industrial and Office Properties.



    Over the past several months, Grubb & Ellis has significantly

strengthened its management team. In addition to Hunt, the Company recently

hired:



    -- Coxon, a 25-year commercial real estate veteran who spent 20 years

at CB Richard Ellis in a variety of management roles as President,

Transaction Services -- Western Region



    -- Glen Esnard, former President, Brokerage Services at Colliers

International and a 30-year industry veteran with considerable brokerage

and alternative real estate investment product experience, as President,

Capital Markets



    -- Brett Hunsaker, one of the most recognized business development

professionals as Executive Vice President, Business Development and




    -- Moody Younger as Executive Vice President, Managing Director, Texas

    About Grubb & Ellis



    Grubb & Ellis Company (NYSE: GBE) 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. As of March 31, 2008, more than $3.4 billion in investor equity has

been raised for these investment programs. 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. For more information

regarding Grubb & Ellis Company, please visit http://www.grubb-ellis.com.



    Contact: Janice McDill, 312.698.6707






               [email protected]