Tuesday, July 28, 2009

Grubb & Ellis|Commercial Florida Negotiates Renewal Lease for 18,665 Square Feet of Office Space in The Horizon Building in Tampa

Grubb & EllisCommercial Florida Negotiates Renewal Lease for 18,665 Square Feet of Office Space in The Horizon Building in Tampa

TAMPA, Fla. - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently negotiated a renewal lease of 18,665 square feet of professional office space in the The Horizon Building located at 4511 N. Himes Ave. in Tampa.

Richard Andretta, SIOR, vice president in the firm’s Office Group and associate Rob Turner negotiated the transaction representing the tenant, Atlanta-based Crawford & Company, the world's largest independent provider of claims management solutions.

Highwoods/Florida is the landlord at the building.

About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial 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 & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which 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 March 31, 2008, more than $3.4 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 218 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 www.grubb-ellis.com.

Contact:
Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, www.commercialfl.com
Richard Andretta 813-639-1111 Ext 255
Rob Turner 813-639-1111 Ext 235
Jeffrey Sweeney 407-481-5387
Larry Vershel 407-644-4142

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