A special to NREI from OKCREview.com
Grubb & Ellis Company (NYSE: GBE) reported a 21% drop in total revenue in the second quarter compared to a year ago. In its latest
For the first half, revenue was also off 21%, dropping to $244.8 million compared with revenue of $310.7 million for the first half of 2008. The loss per share equaled $1.17 versus $0.18 per share for the first half of 2008.
“The current environment is clearly impacting our 2009 results,” said interim CEO Gary H. Hunt in a statement. “Our focus continues to be on serving the needs of our clients and making the right
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