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[IMGCAP(1)]SANTA ANA, CA-Grubb & Ellis Realty Investors, the real estate investment and asset management subsidiary of Grubb & Ellis Co., has promoted Danny Prosky to executive vice president and Christine Teagle to vice president of asset management. The two new promotions at the Grubb & Ellis Co. subsidiary follow another recent announcement, by the parent company, that Robert Osbrink has been named chairman of transaction services at Grubb & Ellis Co.

Prosky is responsible for the acquisition, management and potential disposition of healthcare-related real estate assets for Grubb & Ellis Realty Investors. He was named executive vice president of acquisitions for Grubb & Ellis Healthcare REIT, an affiliate of Grubb & Ellis Realty Investors, earlier this year.

Throughout his 16-year career, Prosky has been responsible for the acquisition of more than 10 million sf of healthcare-related real estate. He joined Grubb & Ellis Realty Investors in March 2006 as managing director of healthcare properties. He had previously served in posts at Health Care Property Investors Inc., a healthcare-focused real estate investment trust, and at American Health Properties Inc.

Teagle, in her new position at Grubb & Ellis Realty Investors, is responsible for the overall management of the company’s real estate assets in north Texas, Oklahoma and north Florida. Her duties include planning, budgeting, developing market strategy and the development and implementation of portfolio goals to maximize the value of each investment within the portfolio.

Teagle, who has more than 22 years of experience in the real estate industry, joined Grubb & Ellis Realty Investors in 2006 as a regional asset manager. Her career includes real estate positions at Mary Kay Inc., PM Realty Group and TPMC Realty Corp.

[IMGCAP(2)]Osbrink, formerly an EVP and president and of transaction services with Grubb & Ellis, will continue to report to Scott D. Peters, CEO and president of Grubb & Ellis Co., in his new role as chairman of transaction services. Jack Van Berkel, chief operating officer, will assume the position of president of transaction services.

Osbrink’s new role will include responsibilities for recruiting and enhancing training programs for brokers at all levels within the organization and integrating the company’s newly introduced securities licensing program. He joined Gubb & Ellis in 1988 as vice president and sales manager of the company’s Newport Beach office and was named to his current position in 2004. He has held numerous other positions during his tenure with the company.

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