Exhibit 99.2

UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

Grubb & Ellis Company

March 31, 2012

TABLE OF CONTENTS

GRUBB & ELLIS COMPANY

UNAUDITED CONSOLIDATED STATEMENT OF NET ASSETS IN LIQUIDATION

MARCH 31, 2012

(LIQUIDATION BASIS)

(In thousands)

See accompanying notes to unaudited consolidated financial statements.

GRUBB & ELLIS COMPANY

UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN NET ASSETS IN LIQUIDATION

(LIQUIDATION BASIS)

(in thousands)

See accompanying notes to unaudited consolidated financial statements.

GRUBB & ELLIS COMPANY

CONSOLIDATED BALANCE SHEET

DECEMBER 31, 2011

(GOING CONCERN BASIS)

(In thousands, except share and per share amounts)

The abbreviation VIEs above means Variable Interest Entities.

See accompanying notes to unaudited consolidated financial statements.

GRUBB & ELLIS COMPANY

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(GOING CONCERN BASIS)

(In thousands, except per share data)

See accompanying notes to unaudited consolidated financial statements.

GRUBB & ELLIS COMPANY

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(GOING CONCERN BASIS)

(In thousands)

See accompanying notes to unaudited consolidated financial statements.

Page 6

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

Overview

Grubb & Ellis Company and its consolidated subsidiaries are referred to herein as “the Company,” “Grubb & Ellis,” “we,” “us,” and “our.” Grubb & Ellis, a Delaware corporation founded over 50 years ago, is a commercial real estate services and investment company. With company-owned and affiliate offices throughout the United States (“U.S.”), our professionals draw from a platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants, investors, lenders and corporate occupiers. Our range of services includes tenant representation, property and agency leasing, commercial property and corporate facilities management, property sales, appraisal and valuation and commercial mortgage brokerage. Our transaction, management, consulting and investment services are supported by proprietary market research and extensive local expertise.

Basis of Presentation

As discussed further below, “Bankruptcy and 363 Asset Sale,” on February 20, 2012 the Company filed a voluntary petition for relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) with the U.S. Bankruptcy Court for the Southern District of New York. On April 13, 2012, BGC Partners, Inc. (“BGC Partners” or “BGC”) completed its acquisition of substantially all of the assets of the Company through a court-approved sale under Section 363 of the Bankruptcy Code. Although the ultimate outcome of the bankruptcy proceedings will determine whether the Company’s preferred and common stock have any value, at this time we believe that any plan of reorganization or liquidation confirmed by the Bankruptcy Court is not likely to provide for any distribution to the Company’s shareholders.

Based on the foregoing, there is substantial doubt about the Company’s ability to continue as a going concern. Accordingly, as discussed further in Note 2, our accompanying unaudited consolidated financial statements have been prepared on the liquidation basis of accounting effective March 27, 2012, the date on which the Bankruptcy Court approved the purchase of substantially all the assets of the Company.

Recent Transactions and Events

Bankruptcy and 363 Asset Sale

On February 20, 2012, we filed a voluntary petition for relief under the provisions of the Bankruptcy Code with the U.S. Bankruptcy Court for the Southern District of New York.

On March 27, 2012, the Bankruptcy Court approved the purchase by BGC of substantially all of the assets of the Company pursuant to a Second Amended and Restated Asset Purchase Agreement, dated April 13, 2012, between BGC and the Company (the “APA”). The APA was supplemented by a Transition Services Supplement dated April 13, 2012 between BGC and the Company (the “Supplement”) and approved by the Bankruptcy Court on April 11, 2012. The Bankruptcy Court’s order approved the sale of such assets to BGC Partners free and clear of all liens, claims and encumbrances pursuant to Section 363 of the Bankruptcy Code. On April 13, 2012, BGC Partners completed its acquisition of substantially all of the assets of the Company through a court-approved sale under Section 363 of the Bankruptcy Code. We recorded expenses of approximately $5.0 million in the period from January 1, 2012 to March 27, 2012 related to professional fees incurred in connection with the bankruptcy and 363 asset sale.

Pursuant to the APA, BGC Partners agreed to purchase from the Company substantially all of its assets in exchange for a credit bid of (a) approximately $30 million in pre-bankruptcy senior secured debt (the “Prepetition Debt”) which had been purchased at a discount, and (b) the amounts drawn by the Company under the DIP Financing. BGC also agreed to provide the following additional consideration: (i) $16 million in cash to the bankruptcy estate for the benefit of the Company’s unsecured creditors pursuant to the Settlement Agreement (described below); (ii) payment of amounts necessary to cure defaults under executory contracts and unexpired leases that BGC designates for assumption and assignment to BGC; and (iii) assumption of liability for priority claims asserted by the Company’s employees for paid-time-off to the extent such claims exceed $3 million. BGC will have the opportunity after closing to identify those contracts or real estate leases it desires to have the Company either assume and assign to BGC or reject.

The terms of the APA were agreed to by the official committee of unsecured creditors appointed in the Company’s chapter 11 cases (the “Committee”) pursuant to the Stipulation and Settlement Agreement, dated as of March 21, 2012 (the “Settlement Agreement”), and so ordered by the Bankruptcy Court on March 27, 2012. The Committee also agreed as part of the Settlement Agreement to release BGC and its affiliates, subsidiaries, officers, employees and other parties from all claims and causes of action that the Committee may be or become entitled to assert (directly, indirectly or derivatively through the Company) against BGC, including, without limitation, with respect to the validity, enforceability and priority of the Prepetition Debt and the liens securing same.

The closing of the sale to BGC occurred on April 13, 2012. Since the closing, the Company has sought and obtained from the Bankruptcy Court an order establishing a deadline of June 12, 2012 (the “Bar Date”) for all entities asserting claims against the Company to file proofs of claim. After the passage of the Bar Date, the Company will begin the process of reconciling proofs of claim with the Company’s books and records, and then attempt to formulate a chapter 11 disclosure statement and plan of liquidation to be voted on by the Company’s creditors and approved by the Bankruptcy Court. Until such time as the Company has reconciled claims and obtained the requisite creditor acceptance and Bankruptcy Court approval of such plan, any estimate of distributions to the Company’s creditors are highly uncertain. As such, any and all statements are subject to the foregoing qualification, may only be interpreted as an estimate of potential distributions to creditors at this time, and are therefore subject to change, which may be material.

Termination of Agreements with Grubb & Ellis Healthcare REIT II

On November 7, 2011, Grubb & Ellis Healthcare REIT II (“Healthcare REIT II”), a separate legal entity with an independent board of directors sponsored by us, terminated its advisory and dealer-manager relationships (collectively the “REIT agreements”) with various subsidiaries of Grubb & Ellis. The termination was effective immediately subject to a 60-day transition period which concluded on January 6, 2012. We received revenues totaling approximately $4.9 million from Healthcare REIT II for the period from January 1, 2012 to March 27, 2012. As of March 27, 2012 we have incurred organizational and offering expenses of approximately $2.5 million in excess of 1.0% of the gross proceeds of the Healthcare REIT II offering which were fully reserved for at December 31, 2011. We are currently seeking recovery of all unpaid reimbursements of expenses from Healthcare REIT II and have made numerous demands for payment. However, to date Healthcare REIT II has been unresponsive to our demands for payment and therefore the timing and ultimate collection of all such amounts are uncertain. As of March 31, 2012 we estimate that these receivables have no realizable value under the liquidation basis of accounting.

Liquidation Basis of Accounting

The unaudited consolidated financial statements have been prepared by the Company for the period March 27, 2012 through March 31, 2012 on the liquidation basis of accounting. As a result of the Bankruptcy Court’s approval of the purchase by BGC of substantially all of the assets of the Company, the Company adopted the liquidation basis of accounting effective March 27, 2012. This basis of accounting is considered appropriate when, among other things, liquidation of a company is probable and the net realizable values of assets are reasonably determinable. Under this basis of accounting, assets are valued at their net realizable values, and liabilities are stated at their estimated settlement amounts. Under the liquidation basis of accounting, the carrying amounts of assets as of the close of business on March 27, 2012 were adjusted to their estimated net realizable values and liabilities (including the estimated costs associated with the disposition of assets, liabilities, expenses and revenues related to the liquidation) were stated at their estimated settlement amounts. Such valuation estimates were updated by the Company as of March 31, 2012.

Unaudited consolidated statements of net assets (liquidation basis) and unaudited consolidated statements of changes in net assets (liquidation basis) are the principal financial statements presented under the liquidation basis of accounting. The valuations of assets at their net realizable value and liabilities at their anticipated settlement amounts represent estimates, based on present facts and circumstances.

Under the liquidation basis of accounting, the Company is also required to estimate and accrue the costs associated with the disposition of assets, liabilities, expenses and revenues related to the liquidation. These amounts consist primarily of fees for legal and other professional service providers, compensation for remaining employees, income taxes, and other administrative expenses. Such costs were estimated to be $4.8 million as of March 31, 2012. The actual values and costs associated with the disposition of assets and liabilities are expected to differ from the amounts shown herein and may be greater than or less than the amounts recorded. Such differences may be material. Accordingly, it is not possible to predict the aggregate amount or timing of future distributions to unsecured creditors, and no assurance can be given that the amount of liquidating distributions to be received will equal or exceed the estimate of net assets in liquidation presented in the accompanying unaudited consolidated statements of net assets (liquidation basis).

The conditions required to adopt the liquidation basis of accounting were met on March 27, 2012. The conversion from the going concern to liquidation basis of accounting required management to make significant estimates and judgments. In order to record assets at estimated net realizable value and liabilities at estimated settlement amounts under the liquidation basis of accounting, the Company recorded the following adjustments as of March 27, 2012, the date of adoption of the liquidation basis of accounting (in thousands):

We estimated the realizable value of assets at March 31, 2012 based on the fair value of purchase price consideration transferred from BGC. The consideration transferred includes approximately $30.0 million (principal amount) pre-bankruptcy senior secured debt (the “Prepetition Debt”), which BGC purchased at a discount, and which had a fair value of approximately $25.5 million as of March 27, 2012. Consideration transferred also includes approximately $5.5 million under the debtor-in-possession credit facility and $16.0 million in cash for the benefit of unsecured creditors.

Going Concern Significant Accounting Policies and Estimates

Basis of Presentation — Our accompanying unaudited consolidated financial statements for periods through March 27, 2012, have been prepared assuming that we will continue as a going concern, which contemplates realization of assets and the satisfaction of liabilities in the normal course of business for the twelve month period following the date of the financial statements.

Interim Unaudited Financial Data — Our accompanying unaudited consolidated financial statements have been prepared by us in accordance with generally accepted accounting principles in the United States (“GAAP”) in conjunction with the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures required for annual financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, our accompanying unaudited consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. Our accompanying unaudited consolidated financial statements reflect all adjustments, which are, in our view, of

a normal and recurring nature and necessary for a fair presentation of our financial position, results of operations and cash flows for the interim period. Interim results of operations are not necessarily indicative of the results to be expected for the full year; such full year results may be less favorable.

In preparing our accompanying unaudited consolidated financial statements, management has evaluated subsequent events through the financial statement issuance date.

We believe that although the disclosures contained herein are adequate to prevent the information presented from being misleading, our accompanying unaudited consolidated financial statements should be read in conjunction with our audited consolidated financial statements and the notes thereto included in our 2011 consolidated financial statements.

Cash and cash equivalents — Cash and cash equivalents consist of all highly liquid investments with a maturity of three months or less when purchased. Short-term investments with remaining maturities of three months or less when acquired are considered cash equivalents. Cash decreased from $11,089 as of March 27, 2012, as reported on the unaudited condensed consolidated statement of cash flows to $6,820 as of March 31, 2012.

Restricted Cash — Restricted cash is comprised primarily of cash reserve accounts pledged to lenders that have provided standby letters of credit for the benefit of various insurance providers and lessors. As of December 31, 2011, the restricted cash balance was $2.6 million under the going concern basis of accounting. We expect the letters of credit will be drawn down by the beneficiaries and as a result we do not anticipate recovery of the restricted cash balances. Accordingly, at March 31, 2012, the restricted cash balances were estimated to have no realizable value.

Litigation — We routinely assess the likelihood of any adverse judgments or outcomes related to legal matters, as well as ranges of probable losses. A determination of the amount of the reserves required, if any, for these contingencies is made after analysis of each known issue and an analysis of historical experience. Therefore, we have recorded reserves related to certain legal matters for which we believe it is probable that a loss will be incurred and the range of such loss can be estimated. With respect to other matters, we have concluded that a loss is only reasonably possible or remote, or is not estimable and, therefore, no liability is recorded. Assessing the likely outcome of pending litigation, including the amount of potential loss, if any, is highly subjective. Our judgments regarding likelihood of loss and our estimates of probable loss amounts may differ from actual results due to difficulties in predicting the outcome of jury trials, arbitration hearings, settlement discussions and related activity, and various other uncertainties. Due to the number of claims which are periodically asserted against us, and the magnitude of damages sought in those claims, actual losses in the future could significantly exceed our current estimates. Such matters are currently stayed as a result of our bankruptcy filing on February 20, 2012.

Identified intangible assets consist of the following:

Amortization expense recorded for the identified intangible assets was approximately $0.5 million and $1.1 million for the period from January 1, 2012 to March 27, 2012 and the three months ended March 31, 2011, respectively. Amortization expense is included in “Depreciation and amortization” in the accompanying unaudited consolidated statements of comprehensive loss.

At December 31, 2011, we had outstanding balances including accrued interest of $29.5 million under our secured credit facility. On February 17, 2012, BGC acquired the note underlying the credit facility. The credit facility matured on March 1, 2012. The Company is currently in default under this credit facility. At March 31, 2012 the estimated settlement value of this credit agreement was $25.5 million.

In addition, in conjunction with the bankruptcy filing, BGC agreed to provide senior secured super priority debtor-in-possession financing (“the DIP credit facility”) up to $5.5 million. The DIP credit facility bears interest at 8% interest. As of March 31, 2012, the outstanding balance drawn on this facility was $1.5 million. The Company estimates the settlement value of the DIP credit facility to be $1.5 million.

Unsecured claims and other liabilities consist of the following:

The Company is in default on the Convertible Notes and other notes payable and capital lease obligations at March 31, 2012.

Management has determined the reportable segments identified below according to the types of services offered and the manner in which operations and decisions are made. We operate in the following reportable segments:

Management Services — Management Services provides property management and related services for owners of investment properties and facilities management services for corporate owners and occupiers.

Transaction Services — Transaction Services advises buyers, sellers, landlords and tenants on the sale, leasing, financing and valuation of commercial property and includes our national accounts group and national affiliate program operations.

We also have certain corporate-level activities including interest income from notes and advances, property rental related operations, legal administration, accounting, finance, and management information systems which are not considered separate operating segments.

We evaluate the performance of our segments based upon operating (loss) income. Operating (loss) income is defined as operating revenue less compensation and general and administrative costs and excludes other rental related, rental expense, interest expense, depreciation and amortization and certain other operating and non-operating expenses. The accounting policies of the reportable segments are the same as those described in our summary of significant accounting policies (See Note 2).

During 2011, we completed the sale of Daymark Realty Advisors and Alesco Global Advisors. In addition, our agreements with Healthcare REIT II were terminated effective January 6, 2012.

The net results of discontinued operations of Daymark, Alesco and our investment management segment, which managed Healthcare REIT II and from which we have no significant ongoing cash flows or significant continuing involvement, are reflected in the unaudited consolidated statements of comprehensive loss as discontinued operations.

The following table summarizes the income (loss) and expense components — net of taxes that comprised discontinued operations for the period from January 1, 2012 to March 27, 2012 and the three months ended March 31, 2011:

Claims and Lawsuits — We are involved in lawsuits relating to certain of the investment management offerings of our former affiliate, Grubb & Ellis Realty Investors, LLC (“GERI”), in particular, its TIC programs. These lawsuits allege a variety of claims in connection with these offerings, including mismanagement, breach of contract, negligence, fraud and breach of fiduciary duty, among other claims. Plaintiffs in these suits seek a variety of remedies, including rescission, actual and punitive damages, and attorneys’ fees and costs. The damages being sought are unspecified and to be determined at trial. It is difficult to predict the ultimate disposition of these lawsuits and our ultimate liability with respect to such claims and lawsuits. It is also difficult to predict the cost of defending these matters and to what extent claims will be covered by our existing insurance policies. Such matters are currently stayed as a result of our bankruptcy filing on February 20, 2012.

Each share of Preferred Stock is convertible, at the holder’s option, into our common stock, par value $0.01 per share at a conversion rate of 60.606 shares of common stock for each share of Preferred Stock, which represents a conversion price of approximately $1.65 per share of common stock, a 10.0% premium to the closing price of the common stock on October 22, 2009. In addition, upon conversion, accrued unpaid dividends are convertible into shares of common stock at the conversion ratio of 0.60606 shares of common stock per $1.00. As of March 27, 2012, the maximum number of shares of common stock that could be required to be issued upon conversion of the Preferred Stock, including accrued unpaid dividends, was 55.7 million shares of common stock. During the period January 1, 2012 through March 27, 2012, certain holders of Preferred Stock converted 143,880 shares of Preferred Stock, including accrued and unpaid dividends, into 10.0 million shares of common stock.

Holders of Preferred Stock may require us to repurchase their Preferred Stock upon the occurrence of a “Fundamental Change” (as defined in the Certificate of Designations) with respect to any Fundamental Change that occurs prior to November 15, 2014, at a repurchase price equal to 110% of the sum of the initial liquidation preference plus accumulated but unpaid dividends. Due to the bankruptcy filing and the sale of substantially all of our assets, a Fundamental Change has occurred such that the Preferred Stock is redeemable by the holders. Although the ultimate outcome of the bankruptcy proceedings will determine whether the Company’s preferred and common stock have any value, at this time we believe that any plan of reorganization or liquidation confirmed by the Bankruptcy Court is not likely to provide for any distribution to the Company’s shareholders.

We compute earnings (loss) per share in accordance with the requirements of the Earnings Per Share Topic. Under the Earnings Per Share Topic, basic earnings (loss) per share is computed using the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed using the weighted-average number of common and common equivalent shares of stock outstanding during the periods utilizing the treasury stock method for stock options and unvested restricted stock.

The following is a reconciliation between weighted-average shares used in the basic and diluted earnings (loss) per share calculations:

The components of income tax (provision) benefit from continuing operations for the period from January 1, 2012 to March 27, 2012 and the three months ended March 31, 2011 consisted of the following:

We regularly review our deferred tax assets for realizability and have established a valuation allowance based upon historical taxable income, projected future taxable income and the expected timing of the reversals of existing temporary differences to reduce our deferred tax assets to the amount that we believe is more likely than not to be realized. Due to the cumulative pre-tax book loss in the past three years and the inherent volatility of our business in recent years, we believe that this negative evidence supports the position that a valuation allowance is required pursuant to ASC 740, Income Taxes, (“Income Taxes Topic”). Management determined that as of March 31, 2012, $145.2 million of deferred tax assets do not satisfy the recognition criteria set forth in the Income Taxes Topic. Accordingly, a valuation allowance has been recorded for this amount. If released, the entire amount would result in a benefit to continuing operations.

We recognized a tax benefit from continuing operations of approximately $1.7 million for the three months ended March 31, 2012, compared to a tax expense of $0.0 million for the same period in 2011. In 2012 and 2011, the reported effective income tax rates were

9.4% and 0.0%, respectively. The hypothetical benefit in continuing operations is fully offset by income taxes charged to discontinued operations as described in the Income Taxes Topic. The 2012 and 2011 effective tax rates include the effect of valuation allowances recorded against deferred tax assets to reflect our assessment that it is more likely than not that some portion of the deferred tax assets will not be realized. Our deferred tax assets are primarily attributable to net operating losses and share-based compensation.

Acquisition by BGC Partners, Inc.

On April 13, 2012, BGC completed the acquisition of substantially all of the assets of the Company.

Departure of Directors and Certain Officers

On April 17, 2012, Thomas P. D’Arcy resigned as President and Chief Executive Officer of the Company and from all other officer positions he holds with the Company and its subsidiaries. He remains a director of the Company.

Page 15