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Grubb Gets Aggressive in NY, TX

NEW YORK CITY-Joe Harkins and David Richards will focus on beefing up G&E's presence in Lower Manhattan and the Southwest, respectively. Harkins comes from Staubach while Richards shifts from G&E's Detroit office.

By Katie Hinderer | Updated on November 14, 2006

NEW YORK CITY-Major changes–designed to sharpen Grubb & Ellis Co.’s competitive teeth in various markets–are in the works. The specific locationale focus is on Lower Manhattan and the Southwest. While NFL lineman and Grubb-Detroit veteran David Richards beefs up the Southwest (See Connie Gore’s exclusive story ), Joe Harkins has been hired as executive managing director here to beef up Lower Manhattan.

“Downtown has such an amazing future that has been accelerated with the advent of Liberty Bonds and a residential explosion,” Harkins says. “That is really changing the face of it.”

Harkins, who was most recently with the Staubach Co., has worked on transactions in this reviving part of Manhattan for years. In 2001, he helped the SEC become the first institutional investor to re-commit to the area. The SEC, which had been housed in 7 World Trade Center before the building collapsed, now occupies 140,000 sf in the Woolworth Building.

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