SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KOJAIAN C MICHAEL

(Last)

(First)

(Middle)

C/O GRUBB & ELLIS COMPANY

1551 N. TUSTIN AVE. SUITE #300

(Street)

SANTA ANA

92705

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GRUBB & ELLIS CO [ GBE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2008

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01	09/04/2008		P		300	A	$3.85	11,051,100	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		1,900	A	$3.86	11,053,000	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		800	A	$3.87	11,053,800	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		2,900	A	$3.88	11,056,700	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		500	A	$3.91	11,057,200	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		600	A	$3.93	11,057,800	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		100	A	$3.94	11,057,900	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		300	A	$3.95	11,058,200	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		1,100	A	$3.98	11,059,300	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		1,000	A	$3.99	11,060,300	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		30,000	A	$4	11,090,300	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		300	A	$4.03	11,090,600	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		600	A	$4.05	11,091,200	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		700	A	$4.07	11,091,900	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		1,100	A	$4.1	11,093,000	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		1,400	A	$4.11	11,094,400	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		700	A	$4.12	11,095,100	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		500	A	$4.13	11,095,600	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		600	A	$4.14	11,096,200	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		14,600	A	$4.15	11,110,800	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		10,200	A	$4.16	11,121,000	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		5,400	A	$4.17	11,126,400	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		4,900	A	$4.18	11,131,300	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		25,700	A	$4.19	11,157,000	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		101,100	A	$4.2	11,258,100	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		2,600	A	$4.21	11,260,700	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		27,000	A	$4.22	11,287,700	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01	09/04/2008		P		1,200	A	$4.23	11,288,900	I⁽¹⁾	By Kojaian Ventures, L.L.C.
Common Stock, par value $0.01								3,366,326	I⁽²⁾	By Kojaian Holdings LLC
Common Stock, par value $0.01								8,996	D⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

KOJAIAN C MICHAEL

(Last)

(First)

(Middle)

C/O GRUBB & ELLIS COMPANY

1551 N. TUSTIN AVE. SUITE #300

(Street)

SANTA ANA

92705

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

KOJAIAN VENTURES MM INC

(Last)

(First)

(Middle)

39400 WOODWARD AVE., SUITE 250

(Street)

BLOOMFIELD HILLS

48304

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

KOJAIAN VENTURES LLC

(Last)

(First)

(Middle)

39400 WOODWARD AVE., SUITE 250

(Street)

BLOOMFIELD HILLS

48304

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. These shares are owned directly by Kojaian Ventures, L.L.C. and indirectly by Kojaian Ventures-MM, Inc., the managing member of Kojaian Ventures, L.L.C., and C. Michael Kojaian, the sole shareholder of Kojaian Ventures-MM, Inc.

2. These shares are owned directly by Kojaian Holdings LLC and indirectly by Kojaian Managagement Corporation, the sole member of Kojaian Holdings LLC, C. Michael Kojaian, 50% shareholder of Kojaian Management Corporation, and Mike Kojaian, 50% shareholder of Kojaian Management Corporation.

3. Represents restricted shares of Gruub & Ellis Company's Common Stock that were awarded to Mr. Kojaian pursuant to the Grubb & Ellis Company 2006 Omnibus Equity Plan which will vest in equal 33 1/3 portions on each of the first, second, and third anniversaries of the grant date (December 10, 2007).

	Kojaian Ventures, L.L.C. By: Kojaian Ventures-MM, Inc., a Michigan Corporation, Managing Member /s/ C. Michael Kojaian, President	09/05/2008
	Kojaian Ventures - MM, Inc. /s/ C. Michael Kojaian, President	09/05/2008
	/s/ C. Michael Kojaian	09/05/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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