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	<title>Observer &#187; 222 East 41st Street Closes for $319 M.</title>
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		<title>Observer &#187; 222 East 41st Street Closes for $319 M.</title>
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		<title>222 East 41st Street Closes for $319 M.</title>

		<comments>http://observer.com/2007/09/222-east-41st-street-closes-for-319-m/#comments</comments>
		<pubDate>Tue, 11 Sep 2007 05:33:38 -0400</pubDate>
					<link>http://observer.com/2007/09/222-east-41st-street-closes-for-319-m/</link>
			<dc:creator>Mark Wellborn</dc:creator>
				
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		<description><![CDATA[<p>Wells Real Estate has closed on 222 East 41st Street for $319.8 million, according to city records. </p>
<p>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. </p>
<p>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. <a href="/2007/you-say-oh-really">So, um, congratulations</a>.</p>
<p>Georgia-based Wells Real Estate manages mores than 47 million square feet in 231 buildings across the United States, according to its Web site. </p>
]]></description>
		<content:encoded><![CDATA[<p>Wells Real Estate has closed on 222 East 41st Street for $319.8 million, according to city records. </p>
<p>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. </p>
<p>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. <a href="/2007/you-say-oh-really">So, um, congratulations</a>.</p>
<p>Georgia-based Wells Real Estate manages mores than 47 million square feet in 231 buildings across the United States, according to its Web site. </p>
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