Atmos Energy Corporation Selects Grubb & Ellis as Its Exclusive Real Estate Services Provider.NORTHBROOK, Ill.--(BUSINESS WIRE)--Oct. 19, 1998--Grubb & Ellis Company (NYSE NYSE See: New York Stock Exchange : GBE See Gigabit Ethernet. ) today announced that Atmos Energy Atmos Energy (NYSE: ATO), headquartered in Dallas, Texas, is the largest distributor of natural gas in the United States, serving 3.1 million customers nationwide. Atmos acquired TXU's natural gas and pipeline holdings in 2004. Corporation has selected Grubb & Ellis as its exclusive real estate services provider. Atmos distributes and sells natural gas and propane to residential, commercial, industrial, agricultural and other customers throughout a multi-state service territory. Under the agreement, the Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. Group of Grubb & Ellis will provide strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , disposition and acquisition services for 26 locations throughout Texas, Louisiana, Kentucky, Tennessee, Illinois Tennessee is a village in McDonough County, Illinois, United States. The population was 144 at the 2000 census. This town has seen a rapid growth in tourism because of the local bar, "The Tennessee Tap", located on the main drag that runs through the middle of the town. , Missouri and Kansas. "After evaluating what various real estate services firms had to offer, we are confident that Grubb & Ellis can provide the best consultative services possible with regard to analyzing our portfolio and consolidating our assets," said Tom Hawkins Tom Hawkins may refer to:
Atmos Energy Corporation has been successfully expanding its customer base over the past few years with the acquisitions of several regional natural gas distribution companies. Hawkins explained, "As we continue to pursue additional acquisitions and other business opportunities, Grubb & Ellis will help us make informed real estate decisions that are in line with our overall business strategy." Susan Gwin, Corporate Services Group Director for Grubb & Ellis, will be the account manager responsible for Atmos Energy Corporation. "It was clear that Atmos was looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a knowledgeable provider that had the experience, resources and commitment necessary to get the job done," said Steve Scruggs, President of Grubb & Ellis' Corporate Services Group. "But it was also looking for a relationship manager who would provide oversight and quality control throughout the process. Grubb & Ellis' first and foremost objective is to ensure that we remain focused on the client's objectives." Atmos Energy Corporation provides natural gas and propane to more than one million customers in 13 states through its operating divisions: Energas Company, Greeley Gas Company, Trans Louisiana Gas Company, United Cities Gas Company, Western Kentucky Gas Company and Atmos Propane, Inc. Headquartered in Northbrook, Ill., Grubb & Ellis is one of the nation's largest publicly traded commercial real estate services firms. Through its company-owned offices and affiliates in 87 markets, the company provides transaction services, management services, financial services and strategic services to clients worldwide. |
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