Jamestown, the new owner of 1211 Avenue of the Americas, has named Rockefeller Group Development Corp. as the property manager for the 1.9-million-sf Midtown office tower. Jamestown is a German investment partnership that purchased the office building on April 5 through its affiliate, Jamestown 21 LP.

With a total investment volume of $650 million, Jamestown 21 is among the largest closed-end US real estate funds ever marketed in Germany, representing an equity pool of $300 million. Jamestown’s US portfolio is valued at roughly $2.3 billion. Twelve-Eleven Ave. of the Americas is located between 47th and 48th streets and is one of the four buildings that comprise Rockefeller Center’s western corridor. The other buildings are: the McGraw-Hill Building, 1251 Ave. of the Americas and the Time & Life Building. These buildings represent an aggregate of 8.5 million feet of office and retail space. RGDC is the property manager for each building.

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