ORLANDO, FL, November 20, 2008
/24-7PressRelease/ -- Grubb & Ellis|Commercial Florida, associated with 200 Grubb & Ellis offices worldwide, recently negotiated a long-term sublease of 10,090 square feet of Class A office space in Maitland Promenade One at 485 N. Keller Rd. in Maitland.
Anne Deason, vice president in the firm's Office Group, negotiated the transaction on behalf of the subtenant Ricoh Americas Corporation, a business equipment wholesale and retail firm based in Atlanta.
Kronos Incorporated of Chelmsford, Mass. is the sublandlord represented by Nick Poole of CNL Commercial Real Estate.
Contact:
Anne Deason, 407.481.5411, adeason@commercialfl.com
Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com
About Grubb & Ellis|Commercial Florida
Grubb & Ellis|Commercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & Ellis|Commercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of September 30, 2008, more than $3.8 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 225 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit http://www.grubb-ellis.com.
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