Originally built in 1927, 11 East 44th Street is a 136,000 square feet, 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, the partnership was recapitalized as a joint venture with ING in July 2007. 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.