210,000-SF Office Building Goes for
By Natalie Dolce
July 19, 2007
NEW YORK CITY-Principal US Property Separate Account, an entity of
Principal Global Investors, has purchased an office building on 104 W. 40th
St. overlooking Bryant Park in the Midtown area for $140 million. Real
estate manager Principal Real Estate Investors advised on the acquisition in
a joint venture with Mermel & McLain Management LLC, a locally based
asset management and investing vehicle.
Copyright © 2007 ALM Properties, Inc. All rights reserved.