PORTLAND-Cliff Gibbs, the longtime director of finance for Equitable Real Estate, has been hired to replace Carol Ambrose as director of Grubb & Ellis Co.’s three-million-sf third-party management portfolio in Oregon and Washington and the 50 employees that come with it.

Gibbs’ past is as an asset manager and senior investment analyst. Most recently, Gibbs was a vice president for a Portland based investment advisor. Prior to that, he spent 16 years with Equitable as finance director.

“Cliff is absolutely the right person to build Grubb & Ellis’ property management presence in the Pacific Northwest market,” said David Robertson, regional senior vice president for property management, Grubb & Ellis. Gibbs was not immediately available for comment.

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