Grubb & Ellis Significantly Bolsters Capital Markets Capabilities With Addition of Jeff Majewski

SANTA ANA, Calif., April 19 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Jeff Majewski has joined the company as executive managing director, Debt & Equity Finance.  Majewski will direct the company's growing commercial mortgage brokerage practice, significantly enhancing Grubb & Ellis' Capital Markets capabilities.

Majewski joins from CB Richard Ellis, where he served as chief operating officer of the company's Debt & Equity Finance group and senior managing director of CBRE Capital Markets.

"Over the past nine months, Grubb & Ellis has moved aggressively to attract experienced debt and equity professionals so that we are best positioned to serve our clients.  Jeff's addition allows us to move this initiative forward much more quickly," said Jack Van Berkel, Grubb & Ellis' chief operating officer and president, Real Estate Services, adding, "Our ability to attract someone of Jeff's caliber speaks to the strength of the Grubb & Ellis brand as well as the efforts we have made to date to build the premier Capital Markets platform in the industry."

Based in the company's Houston office, Majewski will report to Glen Esnard, president, Capital Markets, and lead the expansion of the company's capabilities and commitment to provide a fully integrated Capital Markets platform for clients.  

Over the past 18 months, Grubb & Ellis has dramatically strengthened its Capital Markets capabilities, adding 19 senior-level investment brokerage sales and commercial mortgage brokerage professionals throughout the country.

"I've been impressed with the steps Grubb & Ellis has taken to build its Capital Markets business, and I'm looking forward to having the opportunity to further develop the debt platform," Majewski said.  "With strong investment sales and financing capabilities, Grubb & Ellis will be able to provide buyers and sellers with fully integrated Capital Markets execution, which is critical in today's environment."

During his 20-year tenure with CBRE Capital Markets, which was previously CBRE|Melody and L.J. Melody & Company before the company acquired it in 1996, Majewski helped CBRE's debt platform grow and expand into one of the nation's largest commercial mortgage brokerage and loan servicing companies.  This includes overseeing the acquisition of seven commercial mortgage banking firms in his role as chief operating officer.

Prior to joining L.J. Melody in 1990, Majewski spent three years as corporate controller for the Mischer Corporation, a Houston-based real estate development firm.  He began his career in 1984 as an auditor with Arthur Andersen, where he focused on the commercial real estate and banking industries.

Majewski is a member of the California Mortgage Bankers Association and the Mortgage Bankers Association of America and former member of the organization's Commercial Board of Governors.  He serves on the board of directors of Houston Children's Charity and is a licensed CPA in the state of Texas.  Majewski earned his bachelor's degree from the University of Houston.

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 6,500 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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