Exhibit 23.2(b)

                       Consent of Coopers & Lybrand L.L.P.


                       CONSENT OF INDEPENDENT ACCOUNTANTS
                       ----------------------------------



We consent to the incorporation by reference in the Registration Statement of
Grubb & Ellis Company on Form S-3 (Registration No. 33-54707) of our report
dated March 27, 1992, except as to the information presented in Schedule VIII,
for which the date is December 24, 1992, on our audits of the consolidated
financial statements and financial statement schedules of Grubb & Ellis Company
and Subsidiaries for the year ended December 31, 1991, which report is included
in the Annual Report on Form 10-K and Form 10K/A (Amendments No. 2 and No. 3)
for the year ended December 31, 1993.  We also consent to the reference to our
Firm under the caption "Experts."


                                                  COOPERS & LYBRAND L.L.P.



   
San Francisco, California
September 12, 1994