CHICAGO, Nov. 15 /PRNewswire-FirstCall/ — Grubb & Ellis Company (NYSE:GBE) , one of the leading providers of integrated real estate services, today announced that it has entered into an affiliation with Apex Commercial, Inc., a full-service commercial real estate firm serving Milwaukee and southeastern Wisconsin. Effective immediately, the Company will operate as Grubb & Ellis|Apex Commercial, Inc.
“The addition of Apex to our national affiliates program reinforces our commitment to Milwaukee and its surrounding areas, a market Grubb & Ellis has had a presence in for nine years,” said Pat Hurley, President, Grubb & Ellis Affiliates, Inc. “Apex’s emphasis on superior service, professionalism and integrity are consistent with Grubb & Ellis’ goal of building long-term client relationships.”
Based in Brookfield, Wis., Grubb & Ellis|Apex Commercial provides building owners, tenants and investors a full range of real estate services, including acquisition/disposition services, lessor and tenant representation, investment services, and corporate and consulting services. The firm’s nine brokers have worked with clients such as Hoffman Investment Group, Schenk & Associates and The Hartford. Since its founding in 2002, Apex has completed transactions totaling approximately $166 million and in 2005 was the recipient of both the Metropolitan Milwaukee “Future 50” award and The Business Journal’s real estate “Deal of the Year” award.
“Overnight, we have transformed from a local firm with a statewide reach to a local firm with a global reach,” said Dan Jessup, President and founder of Apex Commercial. “Our firm has had tremendous success since its inception and joining forces with Grubb & Ellis will allow us to build upon our accomplishments.”
The Grubb & Ellis affiliate program allows Grubb & Ellis to provide comprehensive services to its multi-market clients by extending the Company’s presence into key markets where it currently does not have an office. In return, Grubb & Ellis offers affiliates a comprehensive business platform that includes industry-leading market research and one of the most extensive networks of real estate professionals in the industry. With the Apex affiliation, Grubb & Ellis now has agreements with 44 affiliates serving more than 60 markets.
Grubb & Ellis Company
Grubb & Ellis Company is one of the world’s leading full-service commercial real estate organizations, providing a complete range of transaction, management and consulting services. By leveraging local expertise with our global reach, Grubb & Ellis offers innovative, customized solutions and seamless service to owners, corporate occupants and investors throughout the globe. For more information, visit the Company’s Web site at http://www.grubb-ellis.com/ .
