Location:            New York, NY
Property Type:        Office
Size:     136,000 sf
Date Acquired:  12/1/04

Originally built in 1927, 11 East 44th Street is a 136,000 sf, 18-story commercial building located one block from Grand Central Station in the heart of Midtown Manhattan. The property was purchased in December 2004. After the successful completion of the partnership's renovation and releasing plan, in 2007, the partnership was recapitalized as a joint venture with ING. Currently, the property is nearly 100% leased and serves as AION headquarters. The building offers office tenants outstanding access to New York's business community and the city's transportation infrastructure. Retail tenants benefit strongly from heavy cross-town foot traffic.