Troy Koerselman
(Troy A. Koerselman)
Managing Director – Asset Management
Principal Real Estate Investors
(Principal Asset Management, Principal Global Investors, Principal Financial Group, Principal Financial Services, Principal Life Insurance Company, Principal Life Insurance)
Owner
801 Grand Ave, Des Moines, IA 50309
Principal Real Estate Investors NYC portfolio
$167.2 million -elevator 98%, industrial 1%; Brooklyn 69%, Queens 30%*
1083th largest portfolio by dollar value
489,303 sqft – elevator 97%, industrial 2%; Brooklyn 68%, Queens 31%
842th largest by SF
3 properties – Queens 66%, Brooklyn 33%
2706th largest
531 residential units – Brooklyn 68%, Queens 31%
580th largest by residential units
Person Activity past 24 months:
Seller signatory: 1 for $172.1 million
Top Ten Associated Companies:
Breaking Ground (1)
Top Ten Associated People:
David Beer (1)
Recent activity as signatory:
• CenterSquare Investment Management, Principal Real Estate Investors and 60 Guilders sold 1768 3 Avenue for $172.1 million to Breaking Ground on June 26, 2024.