Grubb & Ellis (GBE) and Meridian Companies Form Joint Venture: Energy & Infrastructure Advisors LLC

June 17, 2009 1:50 PM EDT

Grubb & Ellis Company (NYSE: GBE) today announced the formation of Energy & Infrastructure Advisors LLC, a joint venture between Grubb & Ellis and the Meridian Companies that intends to sponsor retail and institutional investment products focused on pursuing opportunities in the energy and infrastructure sector.

"This is a strategic partnership between a major national real estate investment firm and a leading provider of financial services to the energy industry that will deliver unique investment opportunities to individual and institutional investors in a compelling emerging sector," said Jeff Hanson, president and chief investment officer of Grubb & Ellis' investment and asset management subsidiary.


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