Grubb & Ellis Co. said it has been notified that the commercial real estate brokerage is out of compliance with the New York Stock Exchange’s listing standards, the Dallas Business Journal reported. The stock exchange requires a minimum $1-per-share average closing price for 30 straight days. The Santa Ana, Calif.-based firm has six months to fix the issue. The news comes weeks after Grubb & Ellis announced it was exploring the possibility of selling the company. Last year, the company reported a net loss of $66.8 million, with revenues of $575.5 million during the same time period.