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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UxDfHY7mBVUaISPSH2AmD1Vd+Alu2Vb/31Rdo9cNSDcWvmJj1DsiRCdqKtk/7h/8
 IQ1htyihU7S1xFH/dhZfHg==

<SEC-DOCUMENT>0001209191-06-024824.txt : 20060420
<SEC-HEADER>0001209191-06-024824.hdr.sgml : 20060420
<ACCEPTANCE-DATETIME>20060420135346
ACCESSION NUMBER:		0001209191-06-024824
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060417
FILED AS OF DATE:		20060420
DATE AS OF CHANGE:		20060420

ISSUER:		

	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

	BUSINESS ADDRESS:	
		STREET 1:		2215 SANDERS RD
		STREET 2:		STE 400
		CITY:			NORTHBROOK
		STATE:			IL
		ZIP:			60062
		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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Slaughter Robert
		CENTRAL INDEX KEY:			0001359811

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08122
		FILM NUMBER:		06769483

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		312-698-6710

	MAIL ADDRESS:	
		STREET 1:		GRUBB & ELLIS COMPANY
		STREET 2:		500 WEST MONROE STREET, SUITE 2800
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60661
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>c04521-01rs.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2006-04-17</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000216039</issuerCik>
        <issuerName>GRUBB &amp; ELLIS CO</issuerName>
        <issuerTradingSymbol>GBEL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001359811</rptOwnerCik>
            <rptOwnerName>Slaughter Robert</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GRUBB &amp; ELLIS COMPANY</rptOwnerStreet1>
            <rptOwnerStreet2>500 WEST MONROE STREET, SUITE 2800</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60661</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>General Counsel</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Non-qualified stock options</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>14.00</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2016-04-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $0.01</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>25000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The options reported hereunder were granted to Mr. Slaughter pursuant to the terms and conditions of that certain Stock Option Agreement, dated as of April 17, 2006, by and between Grubb &amp; Ellis Company and Robert Z. Slaughter (the &quot;Stock Option Agreement&quot;), and are also subject to the terms and conditions of the Grubb &amp; Ellis Company 2000 Stock Option Plan.</footnote>
        <footnote id="F2">The options reported hereunder vest in equal, annual installments of thirty-three and one-third percent (33 1/3%) on the last business day before each of the first, second and third anniversaries of April 17, 2006, subject to the terms and conditions of the Stock Option Agreement and the Grubb &amp; Ellis Company 2000 Stock Option Plan.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Robert Slaughter</signatureName>
        <signatureDate>2006-04-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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