Troy Koerselman
(Troy A. Koerselman)
Principal Real Estate Investors
(Principal Asset Management, Principal Global Investors, Principal Financial Group, Principal Financial Services, Principal Life Insurance Company)
Owner
801 Grand Ave, Des Moines, IA 50309
Principal Real Estate Investors portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$80.5 million – elevator 98%, industrial 1%; Brooklyn 64%, Queens 35%
652th largest portfolio by dollar value
489,303 sqft – elevator 97%, industrial 2%;
605th largest by SF
3 properties – Queens 66%, Brooklyn 33%
154th largest
531 residential units – Brooklyn 68%, Queens 31%
360th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $172.1 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Breaking Ground (1)
Top Ten Associated People:
David Beer (1)
Recent activity as signatory:
• CenterSquare Investment Managementand Principal Real Estate Investorsand 60 Guilders sold 1760 3rd Avenue, Carnegie Hill, Manhattan for $172.1 million to Breaking Ground on July 01, 2024.