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Grubb & Ellis Increases Presence in the Central Valley

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Commercial Real Estate Agent with Cushman & Wakefield

Central Valley Commercial Real Estate TeamSTOCKTON, Calif. (April 30, 2008) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced today that it has increased its presence in the Central Valley with the relocation of its Stockton office to a new, larger location.

The company has had an office in Stockton since 1986. Working from the new office will be Bryce MacDonald , Matt Colgona, Tim Pryor, Kye Huff and Amy Ruiz.

The Central Valley is a major center of agri-business, assembly/manufacturing and logistics services. Its central location and two major intermodal facilities make San Joaquin County attractive to many distribution and manufacturing businesses. “We have long served the Stockton market,” said Bob Dean, Executive Vice President and Regional Managing for Grubb & Ellis in the Pacific Northwest. “This new office will allow us to provide our clients with an even higher level of service.”

The new office is located at 3031 W. March Lane, Suite 103 in Stockton. The phone number is 209.473.3000.

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 December 31, 2007, nearly $3 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 216 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 www.grubb-ellis.com

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