The glass-and-granite tower, near Grand Central Terminal hasviews of the East River and the Chrysler Building. The office REITacquired the property from Zeta-Ceres LP of Katonah, NY, withlimited financing provided by Anglo Irish Bank.
The 391,000-sf building was designed by HOK, and was named the2002 Build New York award winner for new construction. The towercurrently has one floor available for lease, the 23rd.
"This is a true trophy property--a class A+ building in thenation's premier office market," says Jeff Gilder, CIO of WellsReal Estate Funds. "We're very pleased to add this valuable assetto the Wells REIT II portfolio."
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
