GRUBB & ELLIS ARRANGES $1.3 MILLION LAND PURCHASE FOR CHURCH PROJECT

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GREEN VALLEY, ARIZ. — Grubb & Ellis has represented the Corporation of the Presiding Bishop of the Latter-day Saints in its $1.3 million purchase of 5.4 acres of land at the northwest corner of Desert Bell and La Canada in Green Valley. The parcel will be used for a church, the construction of which will commence later this year. Grubb & Ellis’ Jeff Utsch represented the buyer in the transaction, and the seller, WLC Green Valley Ltd. Partnership, represented itself.

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