SANTA ANA, Calif., Sept. 7 /PRNewswire-FirstCall/ -- Grubb &
Ellis Company (NYSE: GBE), a leading real estate services and
investment firm, announced today that its board of directors has
declared a dividend of $3.00 per
share on the company's 12% Cumulative Participating Perpetual
Convertible Preferred Stock to stockholders of record as of
September 17, 2010. The
dividend is for the quarterly period from July 1, 2010 and is payable on September 30, 2010.
About Grubb & Ellis Company
Grubb & Ellis Company (NYSE: GBE) is one of the largest and
most respected commercial real estate services and investment
companies in the world. Our 6,000 professionals in more than 100
company-owned and affiliate offices draw from a unique platform of
real estate services, practice groups and investment products to
deliver comprehensive, integrated solutions to real estate owners,
tenants and investors. The firm's transaction, management,
consulting and investment services are supported by highly regarded
proprietary market research and extensive local expertise. Through
its investment subsidiaries, the company is a leading sponsor of
real estate investment programs that provide individuals and
institutions the opportunity to invest in a broad range of real
estate investment vehicles, including public non-traded real estate
investment trusts (REITs), mutual funds and other real estate
investment funds. For more information, visit
www.grubb-ellis.com.
SOURCE Grubb & Ellis Company
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