Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-Executives and guests from Santa Ana, CA-based Grubb & Ellis Co. recently rang the Closing Bell at the New York Stock Exchange, signaling the end of the trading day. Beforehand, Tony Thompson, the founder of TIC sponsor Triple Net Properties LLC and Grubb & Ellis president and CEO Scott Peters were presented with engraved gavels to mark the event.

The bell ringing marks the start of a year-long celebration of Grubb & Ellis’ 50th anniversary. Grubb & Ellis and Triple Net’s parent company, NNN Realty Advisors Inc., completed their merger last month, as GlobeSt.com previously reported.

The merger will occur through the issuance of 0.88 shares of Grubb & Ellis common stock for each share of NNN common stock outstanding. The newly merged company, which will be based in Santa Ana, will create a full-service commercial real estate asset management and services firm with a capitalization of $725 million.

Others executives the Closing Bell included Jack Van Berkel, Dylan Taylor, Rich Pehlke, Bob Osbrink, Andrea Biller, Francene La Point and Kevin Hull.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.