NEW YORK CITY—ASB Real Estate Investments has announced its nearly $44 million acquisition of a loft office building in Midtown South. The purchase, a joint venture with George Comfort & Sons, was made by ASB on behalf of its Allegiance Fund, a $5 billion core investment vehicle.

The seller was Lane Capital Partners and an investment partner. The nine-story building with 46,000 square feet of office and ground floor retail space is located at 7 W.18th St., two blocks from Union Square and within walking distance of Google headquarters and other nearby technology firms’ offices, including Apple, Yelp, Adobe and Gawker.

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