Grubb & Ellis Realty Investors Names Dan O'Hare Vice President, Asset Management
May 15 2008 - 11:28AM
PR Newswire (US)
SANTA ANA, Calif., May 15 /PRNewswire/ -- Grubb & Ellis Realty
Investors, LLC today announced that Dan O'Hare is rejoining the
company as Vice President of Asset Management. O'Hare is an
industry veteran with more than 20 years of commercial real estate
experience. O'Hare was previously a senior asset manager for Grubb
& Ellis Realty Investors, formerly known as Triple Net
Properties, during 2003 and 2004. He was responsible for a
nationwide portfolio of office, retail and industrial properties.
In his new role, he is responsible for expanding the Grubb &
Ellis Wealth Management platform as well as overseeing the assets
acquired on behalf of investors participating in the program. The
Grubb & Ellis Wealth Management program is designed exclusively
for high net worth investors, empowering participants to leverage
Grubb & Ellis Realty Investors' nationwide platform and
commercial real estate investment expertise to acquire and manage
single or multiple asset acquisitions under a sole-ownership
structure. "Dan brings a wealth of knowledge and experience, along
with proven team building and leadership qualities and a strong
work ethic to Grubb & Ellis Realty Investors," said Jeff
Hanson, Grubb & Ellis Realty Investors' President and Chief
Investment Officer. "His return is a great addition to our talented
team of asset managers, and adds tremendous value to our Wealth
Management program." O'Hare is a member of the National Association
of Industrial and Office Properties and the International Council
of Shopping Centers. He joins Grubb & Ellis Realty Investors
from TA Associates Realty, a Boston-based pension fund advisor,
where he was a senior asset manager responsible for numerous
office, industrial, retail and development assets. O'Hare also
previously served as vice president of asset management for
Birtcher-Anderson Properties as well as a project director for
Spieker Properties, which was acquired by Equity Office Properties.
About Grubb & Ellis Realty Investors Grubb & Ellis Realty
Investors, LLC is the real estate investment and asset management
subsidiary of Grubb & Ellis Company (NYSE:GBE), a leading real
estate services and investment firm. Grubb & Ellis Realty
Investors and affiliates manage a growing portfolio of assets
valued in excess of $6.1 billion located throughout 30 states. One
of the nation's most active buyers and sellers of commercial real
estate, Grubb & Ellis Realty Investors has completed
acquisition and disposition volume totaling approximately $10.4
billion on behalf of program investors since its founding in 1998;
more than 70 percent of this volume has been transacted since Jan.
1, 2005. Grubb & Ellis Realty Investors and affiliates are
currently buying and selling properties throughout the United
States, offering a full range of commercial real estate investment
programs, including tenant-in-common (TIC) programs for investors
structuring tax-deferred (like-kind) exchanges under Section 1031
of the Internal Revenue Code, non-traded public real estate
investment trusts (REITs), multi-member limited liability companies
(LLCs) and institutional investments. Through the Grubb & Ellis
Wealth Management program, Grubb & Ellis Realty Investors also
offers high net worth investors a comprehensive program to build or
expand their commercial real estate portfolio, whether their
investment objectives are 1031 exchange driven or not. DATASOURCE:
Grubb & Ellis Realty Investors, LLC CONTACT: Julia McCartney of
Grubb & Ellis Realty Investors, LLC, +1-714-667-8252, ext. 230,
Web site: http://www.grubb-ellis.com/ Company News On-Call:
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