NOTIFICATION OF THE REMOVAL FROM LISTING
AND REGISTRATION OF THE STATED SECURITIES

New York Stock Exchange LLC (the 'Exchange'
or the 'NYSE') hereby notifies the Securities
and Exchange Commission (the 'Commission')
of its intention to remove the entire
class of Common Stock of Grubb & Ellis
Company, (the 'Company') from listing and
registration on the Exchange at the opening
of business on March 26, 2012, pursuant to
the provisions of Rule 12d2-2 (b), because,
in the opinion of the Exchange, the Common
Stock is no longer suitable for continued
listing and trading on the Exchange. The
Company is no longer eligible for listing
under Section 802.01B of the NYSE Listed
Company Manual in view of the fact that it
has fallen below the NYSE's continued
listing standard regarding average global
market capitalization over a consecutive
30 trading day period of less than $15
million, which is a minimum threshold
for listing.

The Company had previously fallen below the
Exchange's continued listing standard for
average global market capitalization over
a consecutive 30 trading day period of less
than $50 million and latest reported
shareholders' equity of less than $50
million as well as the average closing
price of less than $1.00 over a consecutive
30 trading day period. The Company's business
plan was previously accepted by NYSE
Regulation, however, in light of the subsequent
non-compliance with the aforementioned
minimum market capitalization standard,
this plan process is no longer available.

1. The Exchange's Listed Company Manual,
Sections 802.01B, states, in part, that
the Exchange would promptly delist a security
of either a domestic or non-U.S. issuer
when: The issuer's average global market
capitalization over a consecutive 30
trading-day period falls below $15,000,000,
regardless of the original standard under
which the issuer listed.

2. The Exchange, on January 3, 2012,
determined that the Common Stock should
be suspended from trading before the opening
of the trading session on January 6, 2012,
and directed the preparation and filing
with the Commission of this application
for the removal of the Common Stock from
listing and registration on the Exchange.
The Company was notified by letter on
January 3, 2012.

3. Pursuant to the above authorization, a
press release was issued on January 3, 2012,
and an announcement was made on the 'ticker'
of the Exchange at the close of the trading
session on January 3, 2012 and other various
dates of the proposed suspension of trading
in the Common Stock. Similar information was
included on the Exchange's website. Trading
in the Common Stock on the Exchange was
suspended before the opening of the trading
session on January 6, 2012.

4. The Company had a right to appeal to the
Committee for Review of the Board of Directors
of NYSE Regulation the determination to delist
its Common Stock, provided that it filed a
written request for such a review with the
Secretary of the Exchange within ten business
days of receiving notice of delisting
determination. As permitted under the rules
of the NYSE, Grubb & Ellis Company appealed
this decision to a Committee of the Board of
Directors of NYSE Regulation, Inc. (the
'Committee'), but subsequently withdrew
the appeal on March 9, 2012.