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The New York Observer

222 East 41st Street Closes for $319 M.

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September 11, 2007 | 1:33 a.m.

Wells Real Estate has closed on 222 East 41st Street for $319.8 million, according to city records.

A press release was sent out in late August announcing that the 25-story office building had been sold. The seller is listed as Ceres Real Estate.

The email accompanying the press release described the 390,000-square-foot property as a “Class A+ midtown office building,” a designation that had yet to be bestowed on a commercial property in Manhattan. So, um, congratulations.

Georgia-based Wells Real Estate manages mores than 47 million square feet in 231 buildings across the United States, according to its Web site.

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