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Grubb & Ellis director reports purchase of 195,700 shares
By Lisa Kerner
Charlotte, N.C., Aug. 26 - Kojaian Ventures, LLC bought 195,700 shares of Grubb & Ellis Co. between Aug. 12 and Aug. 22 at prices from $3.39 to $3.85 each, according to a schedule 13D filed with the Securities and Exchange Commission.
C. Michael Kojaian, a Grubb & Ellis director, beneficially owns 13,075,322 shares, or 20%, of the Chicago-based commercial real estate company.
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