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Mermel and McLain



At a Glance

Square Feet: 323,204 square feet
Floors: 34 Floors
Address: 48 Wall Street
Completed: February 1998

48 Wall Street


Transaction History

In February 1998, Mermel & McLain Management LLC through its affiliate JMEC LLC acquired an interest in 48 Wall Street. Mermel & McLain created and structured this purchase without brokers directly with the seller, The Bank of New York. The Bank had occupied the site since its founding in 1794. JMEC LLC currently is the co-managing member of 48 Wall Street LLC, the entity that now owns the property.     


The Property

48 Wall Street was built in 1928, and possesses 323,204 square feet of office space. 48 Wall Street is located between Pearl and William streets. Major tenants in 48 Wall Street include Museum of American Finance, Rockefeller Group Business Centers, Glass Lewis & Co., and IAT Syndicate.   



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