-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GOMgAd7WPK/2xYzSNTxF3NpxIPK4oeU6kaHJ6/ltdauaWXHJV5LctIoMBX7EvQKR qmQMF6h21xGKIHJmwDtEmw== 0000912057-96-028702.txt : 19961210 0000912057-96-028702.hdr.sgml : 19961210 ACCESSION NUMBER: 0000912057-96-028702 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961204 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19961209 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRUBB & ELLIS CO CENTRAL INDEX KEY: 0000216039 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 941424307 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08122 FILM NUMBER: 96677644 BUSINESS ADDRESS: STREET 1: ONE MONTGOMERY ST STE 3100 STREET 2: TELESIS TWR 9TH FLR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159561990 MAIL ADDRESS: STREET 1: ONE MONTGOMERY ST STE 3100 STREET 2: TELESIS TWR 9TH FLR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------- Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): December 4, 1996 GRUBB & ELLIS COMPANY ------------------------------------------------------------ (Exact name of registrant as specified in its charter) DELAWARE 1-8122 94-1424307 - --------------- -------------------- ------------------ (State of (Commission File Number) (IRS Employer Incorporation) Identification No.) One Montgomery Street, Telesis Tower, San Francisco, California 94104 -------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (415) 956-1990 -------------------------------------------------- (Registrant's telephone number, including area code) ---------------------------------------------------------- (former name or former address, if changed since last report) Item 5. OTHER EVENTS. On December 4, 1996, Grubb & Ellis Company, a Delaware corporation, issued a press release, a copy of which is attached hereto as Exhibit 99.1. The information contained in such press release is incorporated by reference herein in its entirety. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) The following exhibit is filed as part of this Report: 99.1 Press Release of Grubb & Ellis Company dated December 4, 1996. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 9, 1996 GRUBB & ELLIS COMPANY By: /s/ Robert J. Walner ------------------------------------------ Name: Robert J. Walner Title: Senior Vice President and General Counsel 3 EXHIBIT INDEX Exhibits. - -------- 99.1 Press Release of Grubb & Ellis Company dated December 4, 1996. 4 EX-99.1 2 EXHIBIT 99.1 EXHIBIT 99.1 LOGO GRUBB & ELLIS NEWS RELEASE Contact: Mark R. Friedlander Grubb & Ellis Company 847/390-8050, ext. 688 FOR RELEASE AT 8 A.M. EST ON WEDNESDAY, DECEMBER 4, 1996 GRUBB & ELLIS ANNOUNCES RELOCATION OF CORPORATE HEADQUARTERS TO CHICAGO SAN FRANCISCO, Dec. 4, 1996 -- Grubb & Ellis Company (NYSE:GBE), one of the nation's largest publicly traded full-service commercial real estate firms, announced today that it will be moving its Corporate headquarters from San Francisco to Chicago early next year. The entire relocation is expected to be completed by March 31, 1997. The firm's San Francisco commercial brokerage operation will not be impacted by the Corporate Office relocation. "We have given this move much consideration. We feel the long-term interests of Grubb & Ellis are best served by having better access to our client base," said Neil Young, president and chief executive officer, Grubb & Ellis. A majority of the firm's corporate and institutional clients are based in the Eastern and Midwestern regions of the United States. "We are building a team of national accounts headed up by Steve Scruggs, our new president of Corporate and Institutional Services," Young added. "Having all of our support operations in Chicago will help us build this segment of our business much quicker. "In order for our company to continue to grow and become a premier global firm, we need to strengthen our corporate and institutional business throughout the United States. Our more central location will allow us to have excellent access to all of our clients and all local Grubb & Ellis offices." Young said the firm's San Francisco-based Corporate employees have been offered the opportunity to relocate to Chicago. The Company will provide outplacement services to those employees who decide not to move. "Many of our current Corporate employees were with us when our business suffered through a down cycle," Young said. "We hope all of them will be with us as we move forward." The costs associated with the relocation are expected to be approximately $2 million. Grubb & Ellis has nearly 3,000 sales associates and staff nationwide. Through its 87 offices in 60 cities, Grubb & Ellis services every major American metropolitan area. In 1995, the firm completed over 12,000 transactions valued in excess of $9 billion. Through its wholly owned subsidiary, Axiom Real Estate Management, Inc., Grubb & Ellis provides traditional third-party property management and facilities management services. Grubb & Ellis/Axiom currently manages nearly 80 million square feet of commercial space nationwide. -----END PRIVACY-ENHANCED MESSAGE-----