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Grubb & Ellis Company Files Five-Day Extension for Third Quarter Form 10-Q to Include Information on Closing of $90 Million Preferred Equity Transaction
Wednesday, November 04, 2009 8:17 AM


Company to Release Earnings on Wednesday, November 11

SANTA ANA, Calif., Nov. 4 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission related to the filing of its Form 10-Q for the third quarter ended September 30, 2009.

The company said that the extension is necessary to include information on its $90 million preferred equity transaction, which is expected to close on or about November 6. Grubb & Ellis expected to file its Form 10-Q within the five-day extension period afforded by Form 12b-25.

Grubb & Ellis has scheduled a live webcast to discuss its 2009 third quarter results on Wednesday, November 11, at 10:30 a.m. Eastern Standard Time. The Company will issue its financial results before the market opens that morning.

The conference call will be webcast on the investor relations section of Grubb & Ellis' Web site at www.grubb-ellis.com or may be accessed by dialing 1.866.510.0712 for domestic callers and 1.617.597.5380 for international callers. The conference call ID number is 54972050.

An audio replay will be available beginning at 1 p.m. EST on Wednesday, November 11, until 7 p.m. EST on Wednesday, November 18 and can be accessed by dialing 1.888.286.8010 for domestic callers and 1.617.801.6888 for international callers and entering conference call ID 78476912. In addition, the conference call audio will be archived on the Company's Web site following the call.

About Grubb & Ellis

Named to The Global Outsourcing 100(TM) in 2009 by the International Association of Outsourcing Professionals(TM), 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 130 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), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds.




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