NEW YORK CITY-Grubb & Ellis yesterday revealed the formation of a new Financial Services Group that will take charge of the firm’s investment sales in the US and globally, the firm revealed yesterday. Abroad, the group will work with Grubb’s worldwide partners, Knight Frank and Avison Young.

The initiative will be headed up by Keith Misner, formerly of Grubb’s Multi Housing Investment Group, who will serve as executive managing director for the new unit. According to Misner, the group sprung from the firm’s decision to deliver more coordinated investment services to G&E’s $3.5-billion annual investment sales business. The firm has completed more than $11 billion in investment transactions during the last three years.

Grubb CFO Ian Bress spearheaded a companywide effort to centralize the firm’s investment platform with Misner as point man.

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