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G&E Says WDG Buy Means Site-Selection Supremacy

NEW YORK CITY-With its acquisition of the Wadley-Donovan Group complete, Grubb & Ellis executives say theirs is now the only real estate firm to offer comprehensive site selection services as an in-house menu item. Competitors beg to differ.

By Glen Thompson | Updated on March 27, 2002

NEW YORK CITY-Grubb & Ellis, having completed its acquisition of Morristown, NJ-based site selection firm Wadley-Donovan Group, claims it is now uniquely positioned to provide comprehensive corporate relocation services to its clients. Its major competitors, however, say they have been providing site selection services for years.

WDG will eventually be rebranded as Grubb & Ellis’ Global Site Selection Services and will be headquartered here. Dennis Donovan will continue to run the 27-year-old consulting business under the new ownership. The firm will close up shop at its Morristown location next week and bring all 14 WDG staff to Grubb & Ellis’ Midtown offices.

According to G&E chief operating officer Mark R. Costello, the firm had no site selection group prior to the acquisition and is now the only real estate firm to offer corporate relocation services to its clients. “We didn’t have it, and we’re the only firm that does have it now,” Costello tells GlobeSt.com.” We’re unique in that sense. I absolutely know that for a fact.”

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