DALLAS-Sources have confirmed to GlobeSt.comthat Moody Younger, executive managing director,Texas, of Grubb & Ellis Co. has resigned fromthe company. The confirmation comes on the heels ofBGC's acquisition of Grubb & Ellis' assets,and its formation of Newmark Grubb Knight Frank.

Younger could not immediately be reached for comment, thoughthose who worked with him are confident he will land on his feet.“He’s a great guy, was well-regarded by the brokers, and will be agreat asset wherever he ends up,” George Cushing,managing director, retail investment sales for Jones LangLaSalle’s Houston office tells GlobeSt.com. Cushing andpartner Wendy Vandeventer joined JLL last summerfrom Grubb & Ellis.

Younger rejoined Grubb & Ellis in 2008 as executive managingdirector for the state of Texas with oversight of Oklahoma,Arkansas and northern Mexico. During his career, Younger also wasmanaging director with CB Richard Ellis/Trammell CrowCo.; acquisitions director with Stream RealtyPartners and regional vice president withTranswestern. From 2004 to 2006, Younger wasexecutive vice president and managing director with Grubb &Ellis.