Bloomberg News

Grubb & Ellis Enters Agreement With C-III Capital, Colony

October 17, 2011

Oct. 17 (Bloomberg) -- Grubb & Ellis Co. said C-III Capital Partners LLC has agreed to invest $10 million into the company and will become a “significant” stakeholder.

C-III has partnered with Colony Capital LLC for a transaction and is exclusive negotiations with Grubb & Ellis, the real estate services company said in a statement today.

To contact the reporter on this story: Kara Wetzel in New York at kwetzel@bloomberg.net

To contact the editor responsible for this story: Kara Wetzel at kwetzel@bloomberg.net


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