Wednesday, February 22, 2012

Grubb & Ellis files for bankruptcy, agrees to sale

Grubb & Ellis files for bankruptcy, agrees to sale

Date: Wednesday, February 22, 2012, 6:42am CST

Grubb & Ellis, based in Santa Ana, Calif., filed for Chapter 11 bankruptcy protection Monday in the U.S. Bankruptcy Court for the Southern District of New York and simultaneously filed a motion to sell its holdings to BGC for an estimated $30 million, according to court documents.

---Full Story Link Here---

 

 

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