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					PRESS RELEASE
FOR IMMEDIATE RELEASE



Contact:        Erin Coller
Phone:          858.625.5242
Email:          ecoller@breb.com

                   Grubb & Ellis|BRE Commercial Lease Transactions
SAN DIEGO (Oct. 29, 2008) - Grubb & Ellis|BRE Commercial, San Diego’s market leader in commercial
real estate brokerage, today announced the following lease transactions:

Lessor:                                     Oberlin Partners, LLC
Lessee:                                     Todo Sushi
Description:                                2,000 square feet, Retail Lease
Location:                                   7180 Avenida Encinas, Suite 100 & 101, Carlsbad, 92011
Representative(s):                          Bruce Schiff, CCIM, Phil Lyons, CCIM, Grubb & Ellis|BRE
                                            Commercial, lessor and lessee’s broker
Total Consideration:                        $1.1 million
Term of Lease:                              120 Months


Lessor:                                     GDA Real Estate Services, LLC
Lessee:                                     Locallife, USA
Description:                                13,000 square feet, Office Lease
Location:                                   7340 Miramar Road, Suite C-207, 92121
Representative(s):                          Phil Lyons, CCIM, Bruce Schiff, CCIM, Brett Ward, Grubb &
                                            Ellis|BRE Commercial, lessor’s broker
                                            Mark Avilla, Mathias (Matty) Sundberg, Keith Olmo, Grubb &
                                            Ellis|BRE Commercial, lessee’s broker
Total Consideration:                        $979,680
Term of Lease:                              60 Months


Lessor:                                     Cognac Carlsbad Pacific Center, LLC
Lessee:                                     Gunnar Optiks, LLC
Description:                                6,948 square feet, Office Lease
Location:                                   705 Palomar Airport Road, Suite 100, Carlsbad, 92011
Representative(s):                          Joe Anderson, Brooks Campbell, Stacy Looney, Grubb & Ellis|BRE
                                            Commercial, lessor’s broker
                                            Tony Villasenor, Voit Commercial Brokerage, lessee’s broker
Total Consideration:                        $972,428
Term of Lease:                              60 Months
    BRE Commercial
    4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
    Independently Owned and Operated
2–2–2
10/29/08
Grubb & Ellis|BRE Commercial Lease Transactions



Lessor:                                     Westcore Properties
Lessee:                                     Shaw Mortgage Corp.
Description:                                23,940 square feet, Industrial Lease
Location:                                   9755 Distribution Ave., Suite A, 92121
Representative(s):                          Brad Tecca, Brett Ward, Grubb & Ellis|BRE Commercial, lessor and
                                            lessee’s broker
Total Consideration:                        $470,615
Term of Lease:                              36 Months
Tenant's Description of Business:           Warehouse/Distribution


Lessor:                                     Terjuda, LLC
Lessee:                                     Lamb Fuels
Description:                                10,500 square feet, Industrial Lease
Location:                                   789 Anita St., Chula Vista, 91911
Representative(s):                          Art Bleier, Ben Anderson, Voit Commercial Brokerage, lessor’s
                                            broker
                                            Regan Tully, Sylvie Togno, Grubb & Ellis|BRE Commercial, lessee’s
                                            broker
Total Consideration:                        $427,158
Term of Lease:                              60 Months
Tenant's Description of Business:           Distribution

Lessor:                                     SunBrewer Partners, LP
Lessee:                                     L’Amore de Yogurt
Description:                                1,675 square feet, Retail Lease
Location:                                   9975 Carmel Mountain Road, Suite G-1
Representative(s):                          Bruce Schiff, CCIM, Phil Lyons, CCIM, Chad Iafrate, CCIM, Grubb
                                            & Ellis|BRE Commercial, lessor’s broker
                                            Andrew Peterson, Grubb & Ellis|BRE Commercial, lessee’s broker
Total Consideration:                        $277,455
Term of Lease:                              60 Months


Lessor:                                     San Diego Grove, LP
Lessee:                                     Yo Fresh
Description:                                1,254 square feet, Retail Lease
Location:                                   6348 College Grove Way, Suite 108, Lemon Grove, 92115
Representative(s):                          Andrew Peterson, Bruce Schiff, CCIM, Phil Lyons, CCIM, Chad
                                            Iafrate, CCIM, Grubb & Ellis|BRE Commercial, lessor and lessee’s
                                            broker
    BRE Commercial
    4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
    Independently Owned and Operated
3–3–3
10/29/08
Grubb & Ellis|BRE Commercial Lease Transactions

Total Consideration:                        $219,700
Term of Lease:                              60 Months


Lessor:                                     VLJ, LP c/o Colrich Group
Lessee:                                     Rawdin-Baron Financial, Inc.
Description:                                2,257 square feet, Office Lease
Location:                                   4747 Morena Blvd., Suite 102, 92117
Representative(s):                          Jack Kruger, Grubb & Ellis|BRE Commercial, lessor and lessee’s
                                            broker
Total Consideration:                        $215,689
Term of Lease:                              60 Months


Lessor:                                     Arden Realty, Inc.
Lessee:                                     Oracle Capital Advisors, LLC
Description:                                1,254 square feet, Office Lease
Location:                                   12626 High Bluff Drive, Suite 360, 92130
Representative(s):                          Joe Anderson, Brooks Campbell, Tony Russell, SIOR, Grubb &
                                            Ellis|BRE Commercial, lessor’s broker
                                            Mike Hoeck, CB Richard Ellis, lessee’s broker
Total Consideration:                        $211,926
Term of Lease:                              52 Months


Lessor:                                    Oceanside Marketplace & Business Center, LLC
Lessee:                                    SD Watkins Enterprise, LLC
Description:                               1,105 square feet, Retail Lease
Location:                                  4259 Oceanside Blvd., Suite 2, Oceanside, 92056
Representative(s):                         Mark Dudzik, Evan Hanyak, Ron Voigt, Lee & Associates, lessor’s
                                           broker
                                           Randee Stratton, Grubb & Ellis|BRE Commercial, lessee’s broker
Total Consideration:                       $192,270
Term of Lease:                             60 Months


Lessor:                                    Debartolo Development
Lessee:                                    Hair Salon
Description:                               1,193 square feet, Retail Lease
Location:                                  631 Melrose Drive, Suite 103, Vista, 92081
Representative(s):                         Andrew Peterson, Bruce Schiff, CCIM, Phil Lyons, CCIM, Chad
                                           Iafrate, CCIM, Grubb & Ellis|BRE Commercial, lessor’s broker
                                           John Adams, Mor Commercial Real Estate, lessee’s broker
Total Consideration:                       $171,012
    BRE Commercial
    4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
    Independently Owned and Operated
4–4–4
10/29/08
Grubb & Ellis|BRE Commercial Lease Transactions

Term of Lease:                             60 Months


Lessor:                                    Gateway, LLC
Lessee:                                    Jorge Daniel Sampietro
Description:                               9,732 square feet, Industrial Lease
Location:                                  6700 Gateway Park Drive, Suite 4, 92154
Representative(s):                         Regan Tully, Sylvie Togno, Grubb & Ellis|BRE Commercial, lessor’s
                                           broker
                                           Raul Padilla, Coast Commercial Brokerage, lessee’s broker
Total Consideration:                       $162,480
Term of Lease:                             36 Months
Tenant's Description of Business:          Warehousing and distribution for a furniture store


Lessor:                                     Marconi Court Business Park LLC c/o Evanco Realty Advisors, Inc.
Lessee:                                     99 Cent Store
Description:                                5,504 square feet, Industrial Lease
Location:                                   2365 Marconi Court, Suite E, 92154
Representative(s):                          Regan Tully, Grubb & Ellis|BRE Commercial, lessor and lessee’s
                                            broker
Total Consideration:                        $27,120
Term of Lease:                              12 Months
Tenant's Description of Business:           Warehouse/Distribution

Lessor:                                     PEMCO
Lessee:                                     Edward Santoyo
Description:                                1,224 square feet, Industrial Lease
Location:                                   8684 Avenida de la Fuente, Suite 4, 92154
Representative(s):                          Regan Tully, Sylvie Togno, Grubb & Ellis|BRE Commercial, lessor’s
                                            broker
                                            Regan Tully, Grubb & Ellis|BRE Commercial, lessee’s broker
Total Consideration:                        $13,200
Term of Lease:                              12 Months
Tenant's Description of Business:           Warehouse


Lessor:                                     EFBP Associates
Lessee:                                     Linda Brandes
Description:                                1,012 square feet, Industrial IMT (Incubator Multi-Tenant) Lease
Location:                                   2790 Loker Ave., Suite 107, Carlsbad, 92010
Representative(s):                          David Steffy, Grubb & Ellis|BRE Commercial, lessor and lessee’s
                                            broker
    BRE Commercial
    4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
    Independently Owned and Operated
5–5–5
10/29/08
Grubb & Ellis|BRE Commercial Lease Transactions

Total Consideration:                            $12,751
Term of Lease:                                  12 Months
Tenant’s Description of Business:               Storage


About Grubb & Ellis|BRE Commercial
Grubb & Ellis|BRE Commercial is one of Southern California’s leading privately held commercial real estate brokerage firms.
Based in San Diego and a leader in market coverage (as ranked by CoStar), Grubb & Ellis|BRE Commercial represents over 40
million square feet of industrial, office and retail properties throughout the region. The company also provides tenant
representation services to key firms and offers investment and financing services. In 2007 more than $3 billion in investment
transactions were completed by Grubb & Ellis|BRE Commercial. With corporate office locations in Carlsbad, UTC, downtown
San Diego, Otay Mesa and El Cajon, the Grubb & Ellis|BRE Commercial team consists of approximately 190 commercial real
estate professionals and personnel.

Grubb & Ellis|BRE Commercial maintains extensive expertise in all phases of commercial real estate transactions including
leasing, investment sales, market research analysis, tenant advisory services, mortgage financing and financial analysis. As a full-
service brokerage firm the company serves emerging and established firms as well as all commercial property types including
industrial, investment, office, retail, multi-family, restaurant/fast food, self-storage, and undeveloped land throughout San Diego
County, and Southern California. For more information about Grubb & Ellis|BRE Commercial, please visit
www.brecommercial.com.

About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment
companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants
and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment
advisory services supported by proprietary market research and extensive local market expertise.

Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions
the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC)
exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of June 30, 2008, more
than $3.6 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently
manage a growing portfolio of more than 218 million square feet of real estate. In 2007, Grubb & Ellis was selected from among
15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please
visit www.grubb-ellis.com.
                                                                  ###




     BRE Commercial
     4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
     Independently Owned and Operated

				
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