FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MCLAUGHLIN ROBERT J 		2. Issuer Name and Ticker or Trading Symbol

GRUBB & ELLIS CO [ GBE ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O GRUBB & ELLIS COMPANY, 500 WEST MONROE STREET, SUITE 2800 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/20/2007
(Street)

CHICAGO, IL 60661
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01   9/20/2007     A    5291   (1) A $9.45   44720   (2) D    
Common Stock, par value $0.01                  44050   I   Ny Robert J. & Katherine H. McLaughlin Trust, Louise H. McLaughlin Trust, and Katherine McLaughlin   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   $2.99                     (4) 7/1/2014   Common Stock, par value $0.01   10000     10000   D    

Explanation of Responses:
( 1)  Represents 5,291restricted shares of Gruub & Ellis Company's Common Stock that were granted to Robert McLaughlin on September 20, 2007 which will vest in equal 33 1/3 portions on each of the first, second, and third anniversaries of the grant date (September 20, 2007).
( 2)  Includes 5,446 restricted shares of Gruub & Ellis Company's Common Stock that were awarded to Robert McLaughlin pursuant to the terms and conditions of that certain Restricted Stock Agreement, dated as of September 21, 2006, by and between Grubb & Ellis Company and Robert McLaughlin which will vest in equal 33 1/3 portions on each of the first, second, and third anniversaries of the grant date (September 21,2006). Also includes 7,508 restricted shares of Common Stock awarded in 2005 that will vest on September 22, 2008.
( 3)  Represents shares of Common Stock held in Louise H. McLaughlin Trust and Robert J. & Katherine H. McLaughlin Trust. Also represents shares of Common Stock held in Katherine McLaughlin's IRA which Robert McLaughlin disclaims benefial ownership.
( 4)  The option has become exercisable as to all 10,000 shares as of July 1, 2007.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MCLAUGHLIN ROBERT J
C/O GRUBB & ELLIS COMPANY
500 WEST MONROE STREET, SUITE 2800
CHICAGO, IL 60661 		X



Signatures
/s/ Robert J. McLaughlin 9/24/2007
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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