Grubb & Ellis Expands Appraisal Group

SANTA ANA, CA-Grubb & Ellis Co. has hired 32-year industry veteran Robert Bell as a senior managing director at Grubb & Ellis Landauer Appraisal & Valuation in the latest in a series of new hires for the expanding appraisal unit. Bell will be responsible for Landauer Appraisal & Valuation’s business development and expansion throughout California, including responsibility for recruiting and overseeing the managing directors who oversee the local offices throughout the state.

Bell joins Grubb & Ellis from Integra Realty Resources where he spent three years as a director. In addition to leading the firm’s Orange County operations, he performed appraisals in Oregon, California and Hawaii and consulted clients on properties in California and the Southeastern US. Previously, he spent three years with Colliers International Realty Advisors, serving as the Southern California area manager.  Before that, he spent 12 years at Cushman & Wakefield Valuation Advisory Services as manager of the company’s Irvine office and another 12 years as a vice president of CB Commercial Appraisal Services. He began his career in 1978 with Lea Associates Inc. 

During his career, Bell has primarily specialized in statistical mass valuation, including one portfolio consisting of more than 1,000 properties. He has also acted as an expert witness on behalf of many clients in both state and federal litigations.

In June, Grubb & Ellis announced the launch of Grubb & Ellis Landauer Appraisal & Valuation, a national appraisal business, under the leadership of industry veterans Douglas W. Haney and Eduardo Alegre. Grubb & Ellis CEO Tom D'Arcy told GlobeSt.com at the time that the company believes that "the demand for appraisal services is going to be very significant over the next few years."

Since then, in addition to Bell, the company has hired Michael Miller as senior managing director in Texas and local market leaders Michael Mason as managing director in Los Angeles and Christopher Stalling as managing director in Houston.

Grubb & Ellis Landauer Appraisal & Valuation will officially open for business in September with seven offices; longer term the company expects is to have a presence in every key market and between 250 and 350 full-time appraisers.