NOTIFICATION  OF  THE  REMOVAL  FROM  LISTING  AND REGISTRATION OF THE STATED
SECURITIES

The American Stock Exchange LLC hereby notifies  the  SEC of its intention to
remove   the  entire  class  of  the  stated  securities  from  listing   and
registration  on  the  Exchange  at  the  opening of business on May 1, 2008,
pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a)(4)

The removal of Grubb & Ellis Realty Advisors,  Inc.  Units,  Common Stock Par
Value  $.0001,  and  Warrants  expiring  February 27, 2010 is being  effected
because the Exchange knows or is reliably informed that on April 18, 2008 all
rights pertaining to the entire class of these securities was extinguished.


The security was suspended by the Exchange on April 18, 2008.