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Friday, 01/20/2012 3:30:55 PM

Friday, January 20, 2012 3:30:55 PM

Post# of 2630
(GRBE) Food for though GRBE ??? http://therealdeal.com/miami/blog/2012/01/17/bgc-negotiates-possible-investment-in-grubb-ellis/ This looks down play (IMO). http://www.latimes.com/business/money/la-fi-mo-home-sales-20120120,0,865819.story http://www.bizjournals.com/dallas/news/2012/01/18/grubb-ellis-steps-closer-to.html http://blogs.wsj.com/developments/2012/01/17/new-player-enters-for-grubb-ellis/ Could go UP ??? Johnson Controls Inc. (NYSE: JCI) had also been in talks with Grubb & Ellis this year. Johnson Controls, based in Glendale, Wis., would see Grubb & Ellis’ leasing and management portfolio as a big catch, complementing the 1.5 billion square feet of commercial real estate it manages for some of the world’s largest companies.
Tom Miller, an executive vice president for Grubb & Ellis's Atlanta asset services group, declined comment.
Grubb & Ellis, Atlanta’s fifth-largest brokerage with $1.2 billion in sales and leasing transactions in 2010, has been the subject ...

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