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August 18, 2011

Grubb & Ellis

Grubb & Ellis sold Daymark Realty Advisors to a joint venture controlled by Sovereign Capital Management Group and Infinity Urban Century, and now has exited the tenant-in-common business. Grubb & Ellis has been considering selling the entire brokerage firm, and the Daymark sale was considered a condition of this. Earlier this year, Grubb & Ellis said it was looking into a possible sale or merger. Grubb has a Seattle office.




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