The institutional grade office building is situated on nearly 24acres and includes a surface lot with 995 parking spaces. It is 96%leased by numerous tenants, including JP Morgan Chase, BechtelPower and Science Applications International Corp.

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This is the first transaction of the program, which launchedearlier this year, according to Jeff Hanson, president of Grubb& Ellis Realty Investors. "This unique new investment platformhas already secured commitments for approximately $182 million inequity that is currently being deployed into new commercial realestate acquisitions on behalf of Wealth Management participants,"he says. The Wealth Management program allows participants--whichcan include not only high net worth individuals, but also entitiesand corporations--to invest in real estate through a passive,sole-ownership vehicle managed from initial deal sourcing throughultimate disposition.

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