Grubb & Ellis shareholder Anthony Thompson reduces stake to 9.6%

By Angela McDaniels

Tacoma, Wash., July 15 - Grubb & Ellis Co. investor Anthony W. Thompson decreased his interest in the company to 9.6% with the sale of 648,061 shares of the company's common stock.

The shares were sold between June 15 and July 10 at prices from $0.70 to $0.94 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Thompson beneficially owns 6,234,181 shares of the Chicago-based commercial real estate company.

In January, he reported beneficial ownership of a 12.9% stake in the company.

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