Ken Page, One of the Nation's Leading Investment Sales Professionals, Joins Grubb & Ellis Company from Cushman & Wakefield
SANTA ANA, Calif., April 1 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Ken W. Page, one of the nation's most successful investment sales professionals, has joined its Houston office as senior vice president. Page will be a member and director of Grubb & Ellis' Institutional Capital Markets Group, which provides real estate investment and advisory services to the company's most sophisticated clients.
Moody Younger, executive managing director of Grubb & Ellis' Texas operations, said, "The infusion of senior level talent is the cornerstone of our growth strategy in Texas. Ken's addition to our team demonstrates that Grubb & Ellis is committed to building a platform that provides its professionals with the resources they need to successfully serve their clients."
Page, a 25-year veteran of the commercial real estate industry, joins Grubb & Ellis from Cushman & Wakefield, where for 14 years he was a member of the Capital Markets Group, ultimately serving as the group's executive director in Houston. He has successfully completed transactions valued in excess of $3 billion, including more than $1 billion since 2006.
His client list is a veritable "who's who" of leading institutions, including: KBS Realty Advisors, Hines, Wells Fargo, Cornerstone Realty Advisors, Parkway Properties, Met Life, BP North America and ING. Some of the largest commercial real estate transactions in the history of Houston were facilitated by Page, including the sale of Williams Tower (1.5 million square feet), 2101 CityWest Boulevard (1.47 million square feet) and Greens Port Industrial Park (2.6 million square feet).
"Ken is known throughout our industry as one of the top investment sales professionals," said Glen Esnard, president of Grubb & Ellis' Capital Market Group. "He enjoys an impressive reputation and track record of accomplishment that few can match. His addition to our Institutional Capital Markets platform further strengthens and expands our ability to provide the finest service and value to our institutional investment clients."
Page is the fifth high-profile brokerage sales professional to join the company's Institutional Capital Markets Group in the past four months and the 13th senior level broker to be recruited by Younger since his return to Grubb & Ellis in April 2008.
Page earned a bachelor's degree from Texas A&M University and an MBA from Mercer University in Atlanta.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of September 30, 2008, more than $3.8 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 225 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit www.grubb-ellis.com.
