Pursuits
Grubb & Ellis to Consider Options Including a Sale or Merger
This article is for subscribers only.
Grubb & Ellis Co. hired investment bank JMP Securities LLC to help it consider strategic alternatives including a sale or merger, the commercial real estate brokerage said today in a regulatory filing.
“We believe now is the time to explore opportunities on how to best leverage the broad platform and capabilities of the company into an improving market for the benefit of all stakeholders,” C. Michael Kojaian, chairman of the Santa Ana, California-based company, said in a statement.