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Grubb & Ellis Company

Grubb & Ellis Landauer Valuation Advisory Services Opens D.C. Office

Appraisal Looking Glass Pic

Grubb & Ellis Company, a real estate services and investment firm, has announced that Grubb & Ellis Landauer Valuation Advisory Services has opened for business in Washington, D.C. The office is led by Greg Worman, MAI, and is one of 24 now serving the appraisal needs of commercial real estate owners and users as part of Grubb & Ellis’ entry into the valuation advisory business on a national scale. Grubb & Ellis Landauer Valuation Advisory Services currently has offices in 16 statesClick to continue

Grubb & Ellis report finds commercial market will decline more slowly in 2010

Commercial Real Estate

Grubb & Ellis Company, a real estate services and investment firm, has released its 2010 Real Estate Forecast, which indicates that 2010 commercial real estate fundamentals will decline more slowly than in 2009, with most property types reaching bottom near the end of the year and beginning a slow recovery starting in 2011. “The national economy has begun a slow and cautious recovery, but the labor market, which often lags the broader economy, will turn around only gradually with sustained improvement unlikely before the second half of 2010.Click to continue