Caley, an 18-year veteran of the commercial real estate industrywith more than 12 years of experience in investment real estatetransactions, will oversee the acquisition and disposition processfor the various commercial real estate investment programssponsored and advised by Grubb & Ellis Realty Investors. Theseinclude 1031 tenant-in-common exchanges, the Grubb & EllisWealth Management Program, Grubb & Ellis Healthcare REIT andGrubb & Ellis Apartment REIT.

The company says that in addition to Caley's involvement inacquisitions and dispositions, it will leverage his expertise instrategic portfolio management functions to strengthen service toits program investors. As managing director and a foundingprincipal of Meridian Value Partners, Caley was responsible foracquisitions, fundraising and operations. He was based in theIrvine, CA office of Meridian, which also has offices in Boston,Louisville, Melbourne FL, and Washington, DC.

Before his time with Meridian, Caley also spent more than 12years in acquisitions and dispositions with firms including RexfordIndustrial, Argus Realty Investors, Transwestern CommercialServices and Koll General Partner Services.