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Grubb & Ellis Merging with NNN Realty Advisors To Create $725M Publicly-Traded Real Estate Firm

NNN CEO Scott Peters To Head Combined Entity, Will Keep Grubb & Ellis Name, Shift HQ To California
By Tim Trainor
CoStar News
May 22, 2007 | 9:20 P.M.

Grubb & Ellis Inc. (NYSE:GBE) agreed to merge with privately held NNN Realty Advisors Inc. to form a publicly-traded real estate services company with a total capitalization of approximately $725 million.

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