"Michael brings several strengths to our company including an extensive background of retail operations along with his experience with larger national brokerage firms makes him uniquely qualified to focus on our new business development," says Clay Smith, president of Staubach Retail.

Prior to joining Grubb & Ellis, Dee, who starts his new position on Monday, worked with Cottonwood Financial, Blockbuster Video, Starbucks and Payless ShoeSource. He has assisted clients in all stages of the site selection, lease negotiation, development and financing process, and has helped retailers strategically expand their presence in the marketplace.

Staubach Retail's services include brokerage, development, and corporate solutions to both retailers and developers. On June 17, The Staubach Co. announced that it would be acquired by Jones Lang LaSalle for $613 million. However, Staubach Retail and Cypress, its investment division, as previously reported by GlobeSt.com, were excluded as independent entities.