Grubb & Ellis Forms Strategic Alliance With Kettler Inc. (GBE)

Grubb & Ellis Company GBE today announced that it has established a strategic alliance with Kettler Inc., one of the Mid-Atlantic's largest real estate and property management firms, to provide residential property management services nationwide. The alliance, which will operate as Grubb & Ellis|Kettler Residential Management, will benefit clients by allowing the firms to work together seamlessly when a property owner requires both residential and commercial property management services. In these situations, Grubb & Ellis will coordinate marketing efforts, streamline suppliers and interconnect technology systems, and in markets where Kettler currently does not have a presence, the alliance will provide Kettler an opportunity to expand its residential management portfolio.