TAMPA, Fla., (May 2011) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that it represented Meridian Development Group in CCS Medical Inc.'s 60,000-square-foot office lease renewal at Meridian Concourse Center, located at 4800 140th Ave. N in Clearwater.

James Moler, CCIM, and Paula Buffa, RPA, CCIM, both senior vice presidents with Grubb & Ellis' Office Group, exclusively represented the landlord in the transaction.  Brent Miller with Jones Lang LaSalle represented the tenant.

"CCS Medical evaluated numerous options in the market for the consolidation of their operations,” said Moler.  "Our building was looked at very favorably due to the overall quality of the asset, the responsiveness of property management and the long-standing relationship between the owner and the tenant.”

"We put a lot of resources into the development and management of our properties,” said Steven Kossoff, managing director, Meridian Development Group, "but our tenant relationships are just as important.  Flexibility and attention have been cornerstones for us since we began and have helped us make it through this tough market.”

Meridian Development Group owns and manages 1.5 million square feet of Class A and B office, flex and industrial assets located across west-central Florida.  Meridian Concourse Center is comprised of four buildings totaling 214,000 square feet.  4800 140th Avenue totals 60,000 square feet; all of which CCS Medical currently occupies.  The property's central Tampa Bay location provides convenient access to both Pinellas and Hillsborough Counties and is adjacent to the St. Petersburg/Clearwater Airport.

For more information, contact Moler at 813.830.7963 or james.moler@grubb-ellis.com or Buffa at 813.830.7887 or paula.buffa@grubb-ellis.com.

About Meridian Development Group:
Meridian Development Group (MDG) is a commercial real estate investment firm specializing in the acquisition, development and management of functional, high-quality bulk distribution, flex and single-story office properties in major markets throughout the eastern half of the United States.

Established in 2000, MDG currently owns and manages more than 2.2 million square feet of bulk warehouse, flex and office space with an aggregate value of more than $100 million. To learn more about Meridian Development Group, contact us at 727-539-7500.

About Grubb & Ellis Company
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 5,200 professionals in more than 100 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment management business, the company is a leading sponsor of real estate investment programs.   For more information, visit www.grubb-ellis.com.