G&E inks 14,000 s/f for China Merchants Bank

According to Grubb & Ellis Co. (G&E), its office recently represented China Merchants Bank in the signing of a lease at 535 Madison Ave. at 54th St. China Merchants Bank will occupy the 18th floor for a total of 14,000 s/f. G&E senior managing director and team leader of the firm's China Practice, Joseph Hilton, along with Howard Rosen, executive managing director; John Cannon, senior managing director and Alan Lurie, managing director and head of project management for New York, represented China Merchants Bank. The law firm of Skadden Arps acted as China Merchant Bank's legal counsel. Brian Gell and Laurence Briody of CBRE acted for the owner, Park Tower Realty Corp. Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services 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, 2007, nearly $3 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 214 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 Grubb & Ellis