X0202 4 2006-07-06 0 0000216039 GRUBB & ELLIS CO (GBEL) 0001029460 KOJAIAN C MICHAEL C/O KOJAIAN VENTURES, L.L.C. 39400 WOODWARD AVENUE, SUITE 250 BLOOMFIELD HILLS MI 48304 1 0 1 0 0001180835 KOJAIAN VENTURES LLC 39400 WOODWARD AVENUE, SUITE 250 BLOOMFIELD HILLS MI 48304 0 0 1 0 0001180834 KOJAIAN VENTURES MM INC 39400 WOODWARD AVENUE, SUITE 250 BLOOMFIELD HILLS MI 48304 0 0 1 0 Common Stock 2425526 I By Kojaian Holdings, LLC Common Stock 2006-07-06 4 J 0 11173925 A 12511283 I By Kojaian Ventures, L.L.C. Common Stock 2006-07-06 4 S 0 5000000 8.8825 D 7511283 I By Kojaian Ventures, L.L.C. Series A-1 Preferred Stock 2006-07-06 4 J 0 11725 D 0 I By Kojaian Ventures, L.L.C. These shares are owned directly by Kojaian Holdings, LLC and indirectly by Kojaian Management Corporation, the sole manager of Kojaian Holdings, LLC, and C. Michael Kojaian, an owner of Kojaian Management Corporation. These shares were acquired by Kojaian Ventures, L.L.C. in exchange for 11,725 shares of Series A-1 Preferred Stock that carried voting rights equivalent to 11,173,925 shares of common stock in a reclassification transaction exempt from Section 16(b) pursuant to SEC Rule 16b-7. These shares are owned directly by Kojaian Ventures, L.L.C. and indirectly by Kojaian Ventures - MM, Inc., the managing member of Kojaian Ventures, L.L.C., and C. Michael Kojaian, the controlling stockholder of Kojaian Ventures - MM, Inc. /s/ C. Michael Kojaian 2006-07-06 Kojaian Ventures, L.L.C. By: Kojaian Ventures-MM, Inc., a Michigan Corporation, Managing Member, /s/ C. Michael Kojaian, President 2006-07-06 Kojaian Ventures-MM, Inc., /s/ C. Michael Kojaian, President 2006-07-06