San Diego State University's (SDSU) College of Business Administration announced that its Real Estate Program is the recipient of a $100,000 pledge from the Grubb & Ellis|BRE Commercial real estate brokerage firm. The pledge will be combined with other donations to help fund a faculty professorship in real estate.
"This gift is instrumental in our effort to establish a world class real estate program at SDSU," said Gail Naughton, dean of the university's College of Business Administration. "It is a critical step toward helping us attract and retain additional nationally recognized faculty who will educate the next generation of real estate professionals in San Diego."
For more than 40 years, the college has been educating students in a program that includes Southern California's only comprehensive undergraduate real estate degree. The vision is to create a "ready-day-one" program for students who aspire to become leaders within the industry. This includes a restructured curriculum to prepare students for today's and tomorrow's employment opportunities, and an expanded research component that analyzes emerging trends and provides thoughtful leadership on real estate matters of community importance.
"Grubb & Ellis|BRE Commercial believes it's important to not only educate students in the classroom, but also to connect them with practicing brokers who can share with them real-world experiences and knowledge," said John Frager, Grubb & Ellis|BRE Commercial president and CEO. "We admire SDSU's philosophy and hope that this monetary donation, in addition to our direct involvement with the program and the students, will enable graduates to transition more easily into the workplace and begin contributing as real estate professionals."
In addition to its donation, Grubb & Ellis|BRE Commercial plans to initiate a rotational internship program in which more students can gain exposure to various aspects of real estate rather than focus solely on one specialty. Grubb & Ellis|BRE Commercial and SDSU are also looking to collaborate on future market research services.
As one of San Diego's leading privately-held commercial real estate brokerage firms, Grubb & Ellis|BRE Commercial possesses expertise in all phases of commercial real estate transactions, including leasing, investment sales, property management, market research analysis and financial analysis. Founded as BRE Commercial in 1986, the company has extensive knowledge of the San Diego market and understands the tools necessary to be successful in the area. Grubb & Ellis|BRE Commercial employs several SDSU alumni and recognizes the importance of contributing to the university as well as to the community.
"SDSU has provided many of our brokers with an educational foundation that has enabled them to succeed in San Diego real estate," Frager said. "Our brokers have established close personal ties with San Diego businesses and posses a strong sense of community. Grubb & Ellis|BRE Commercial is committed to supporting SDSU in its quest to retain high-quality and experienced faculty and to working closely with the university to further strengthen its real estate program."
With over 6,000 students, the SDSU College of Business is one of the largest business schools in the U.S. Its programs in undergraduate international business and graduate entrepreneurship are ranked among the top programs in the country by U.S. News and World Report.
SDSU is the oldest and largest higher education institution in the San Diego region. Since it was founded in 1897, the university has grown to offer bachelor's degrees in 81 areas, master's degrees in 72 areas and doctorates in 16 areas. SDSU's more than 33,000 students participate in academic curriculum distinguished by direct contact with faculty and an increasing international emphasis that prepares them for a global future. For more information, visit www.sdsu.edu.