Grubb & Ellis Company Announces Management Change
January 02 2008 - 1:56PM
PR Newswire (US)
Dylan Taylor Named Acting President of Global Client Services SANTA
ANA, Calif., Jan. 2 /PRNewswire-FirstCall/ -- Grubb & Ellis
Company (NYSE:GBE), a leading real estate services and investment
management firm, announced today that Maureen A. Ehrenberg,
Executive Vice President and President of Global Client Services,
is no longer with the Company effective Dec. 31, 2007. "Maureen was
a key contributor to the success of Grubb & Ellis for more than
10 years. We are extremely appreciative of her efforts, and wish
her all of the best in her future endeavors," said Scott D. Peters,
President and Chief Executive Officer of Grubb & Ellis Company.
Dylan Taylor, the Company's current President, Corporate Services
Group, has been named acting President of Global Client Services
and Grubb & Ellis Management Services, Inc. effective
immediately. He will continue as head of the Company's Corporate
Services Group, and will report directly to Peters. Taylor joined
Grubb & Ellis in 2005 as Executive Vice President, Regional
Managing Director, Corporate Services, and has played an
instrumental role in the growth of the Company's Corporate Services
platform. He was named President of the Corporate Services Group in
October 2007. Prior to joining Grubb & Ellis, Taylor spent more
than five years as Senior Vice President, Corporate Solutions at
Jones Lang LaSalle. Earlier, he spent nearly seven years at SAIA
Burgess, a global supplier of electronics based in Switzerland,
where he rose to become part of the firm's senior management team.
Taylor holds a bachelor's degree with honors from the University of
Arizona and an MBA from the University of Chicago. About Grubb
& Ellis Grubb & Ellis Company (NYSE:GBE) is one of the
largest and most respected commercial real estate services
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 September 30, 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 214 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/. DATASOURCE: Grubb & Ellis Company
CONTACT: Janice McDill of Grubb & Ellis Company,
+1-312-698-6707, Web site: http://www.grubb-ellis.com/ Company News
On-Call: http://www.prnewswire.com/comp/136726.html
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