Kojaian Accumulates 2 Million Shares of Grubb & Ellis (GBE) So Far This Week
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Michael Kojaian, the largest shareholder of Grubb & Ellis Company (NYSE: GBE), disclosed insider purchases made yesterday (09/04) totaling 1 million shares. Yesterday, Kojaian disclosed purchases of 1 million shares made on Wednesday (09/03). This brings the total shares bought by Kojaian to 2 million shares so far this week.
Grubb & Ellis Company, through its subsidiaries, operates as a commercial real estate services and investment company worldwide.
Grubb & Ellis is down 8% this AM to $4.09, but was up 28% yesterday and 10% on Wednesday.
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