Grubb & Ellis Chairman Kojaian Steps Down

Longtime Grubb & Ellis Co. director C. Michael Kojaian has resigned from the troubled Santa Ana, CA-based real estate services company.

Kojaian, a Michigan-based real estate investor who has served as director since September 1996, advised the company Feb. 10 that he was resigning from the board of directors “to avoid any actual or apparent conflicts of interest in connection with his fiduciary duties with respect to his affiliated companies in…
South Florida Commercial Real Estate News From CoStar Group