New York — A U.S. real estate services company, Grubb & Ellis, filed for bankruptcy protection yesterday.  The company filed for Chapter 11 in U.S. Bankruptcy Court in New York and listed $150 million in assets and $167 million in debt.  The company manages more than 250 million square feet of property.  BGC Partners has agreed to buy almost all of the assets of Grubb & Ellis, a company based in California.  The downturn of the real estate market starting in 2007 caused the company to suffer major losses.  BGC Partners will keep the company operating during the bankruptcy process.  If you need the advice of a bankruptcy attorney, find one who can give you reliable advice at this critical time.