UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                  FORM 10-K


  (Mark one)

  /X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934
      For the fiscal year ended December 31, 2007

      OR


  / / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934
      For the transition period from ____________ to ____________



      Commission file number of issuing entity: 333-130684-22

      Morgan Stanley Capital I Trust 2007-TOP25
      (exact name of issuing entity as specified in its charter)

      Morgan Stanley Capital I Inc.
      (exact name of the depositor as specified in its charter)

      Bear Stearns Commercial Mortgage, Inc.
      Morgan Stanley Mortgage Capital Holdings LLC, successor-in-interest by
      merger to Morgan Stanley Mortgage Capital Inc.
      Wells Fargo Bank, N.A.
      Principal Commercial Funding II, LLC
      (exact name of the sponsors as specified in their charters)



  New York                                54-2198830
  (State or other jurisdiction of         54-2198831
  incorporation or organization of        54-2198832
  issuing entity)                         54-6737501
                                          (I.R.S. Employer
                                          Identification No. of
                                          issuing entity)


   1585 Broadway
   New York, NY                                10036
   (Address of principal executive            (Zip Code of issuing
   offices of issuing entity)                 entity)


 Issuing entity's telephone number, including area code: (212) 761-4000



  Securities registered pursuant to Section 12(b) of the Act:

    NONE.



  Securities registered pursuant to Section 12(g) of the Act:

    NONE.



  Indicate by check mark if the registrant is a well-known seasoned issuer, as
  defined in Rule 405 of the Securities Act.*

    Yes ___     No  X



  * The issuing entity has been required to file reports with respect to the
  period following the issuance of its securities and ending December 31,
  2007. The issuing entity has filed a Form 15.

  Indicate by check mark if the registrant is not required to file reports
  pursuant to Section 13 or Section 15(d) of the Act.*

    Yes ___     No  X



  * The issuing entity has been required to file reports with respect to the
  period following the issuance of its securities and ending December 31,
  2007. The issuing entity has filed a Form 15.

  Note - Checking the box above will not relieve any registrant required to
  file reports pursuant to Section 13 or 15(d) of the Exchange Act from their
  obligations under those Sections.

  Indicate by check mark whether the registrant (1) has filed all reports
  required to be filed by Section 13 or 15(d) of the Securities Exchange Act
  of 1934 during the preceding 12 months (or for such shorter period that the
  registrant was required to file such reports), and (2) has been subject to
  such filing requirements for the past 90 days.*

    Yes  X      No ___



  * The issuing entity has been required to file reports with respect to the
  period following the issuance of its securities and ending December 31,
  2007. The issuing entity has filed a Form 15.

  Indicate by check mark if disclosure of delinquent filers pursuant to Item
  405 of Regulation S-K (Section 229.405 of this chapter) is not contained
  herein, and will not be contained, to the best of registrant's knowledge, in
  definitive proxy or information statements incorporated by reference in Part
  III of this Form 10-K or any amendment to this Form 10-K.

    Not applicable.



  Indicate by check mark whether the registrant is a large accelerated filer,
  an accelerated filer, a non-accelerated filer, or a smaller reporting
  company.  See the definitions of "large accelerated filer", "accelerated
  filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

   Large accelerated filer ___
   Accelerated filer ___
   Non-accelerated filer X (Do not check if a smaller reporting company)
   Smaller reporting company ___

  Indicate by check mark whether the registrant is a shell company (as defined
  in Rule 12b-2 of the Act).

    Yes ___     No  X



  State the aggregate market value of the voting and non-voting common equity
  held by non-affiliates computed by reference to the price at which the
  common equity was last sold, or the average bid and asked price of such
  common equity, as of the last business day of the registrant's most recently
  completed second fiscal quarter.

    Not applicable.



  Indicate by check mark whether the registrant has filed all documents and
  reports required to be filed by Section 12, 13 or 15(d) of the Securities
  Exchange Act of 1934 subsequent to the distribution of securities under a
  plan confirmed by a court.

    Not applicable.



  Indicate the number of shares outstanding of each of the registrant's
  classes of common stock, as of the latest practicable date.

    Not applicable.



  DOCUMENTS INCORPORATED BY REFERENCE

  List hereunder the following documents if incorporated by reference and the
  Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document
  is incorporated: (1)Any annual report to security holders; (2) Any proxy or
  information statement; and (3)Any prospectus filed pursuant to Rule 424(b)
  or (c) under the Securities Act of 1933. The listed documents should be
  clearly described for identification purposes (e.g., annual report to
  security holders for fiscal year ended December 24, 1980).

  Pooling and Servicing Agreement, dated as of January 1, 2007, by and between
  Morgan Stanley Capital I Inc., Wells Fargo Bank, National Association, as
  master servicer, ARCap Servicing, Inc. (predecessor to Centerline Servicing
  Inc.) , as special servicer, LaSalle Bank National Association, as trustee,
  and Wells Fargo Bank, National Association, as paying agent. (Filed as
  Exhibit 99.1 of the Registrant's Current Report on Form 8-K filed on
  February 14, 2007 (Commission File Number 333-130684-22)) and incorporated
  by reference in Part IV.

  Schedules I, II, III and IV to the Pooling and Servicing Agreement, dated as
  of January 1, 2007, by and between Morgan Stanley Capital I Inc., Wells
  Fargo Bank, National Association, as master servicer, ARCap Servicing, Inc.,
  as special servicer, LaSalle Bank National Association, as trustee, and
  Wells Fargo Bank, National Association, as paying agent. (Filed as Exhibit
  4.1 of the Registrant's Current Report on Form 8-K filed on July 12, 2007
  (Commission File Number 333-130684-22)) and incorporated by reference in
  Part IV.

  Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by and
  between Morgan Stanley Capital I Inc. and Morgan Stanley Mortgage Capital
  Inc. (Filed as Exhibit 99.2 of the Registrant's Current Report on Form 8-K
  filed on February 14, 2007 (Commission File Number 333-130684-22)) and
  incorporated by reference in Part IV.

  Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by and
  between Morgan Stanley Capital I Inc. and Bear Stearns Commercial Mortgage,
  Inc. (Filed as Exhibit 99.3 of the Registrant's Current Report on Form 8-K
  filed on February 14, 2007 (Commission File Number 333-130684-22)) and
  incorporated by reference in Part IV.

  Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by and
  between Morgan Stanley Capital I Inc. and Wells Fargo Bank, National
  Association. (Filed as Exhibit 99.4 of the Registrant's Current Report on
  Form 8-K filed on February 14, 2007 (Commission File Number 333-130684-22))
  and incorporated by reference in Part IV.

  Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by and
  between Morgan Stanley Capital I Inc. and Principal Commercial Funding II,
  LLC. (Filed as Exhibit 99.5 of the Registrant's Current Report on Form 8-K
  filed on February 14, 2007 (Commission File Number 333-130684-22)) and
  incorporated by reference in Part IV.

  Primary Servicing Agreement, dated as of January 1, 2007, by and between
  Wells Fargo Bank, National Association, as master servicer and Principal
  Global Investors, LLC. (Filed as Exhibit 99.6 of the Registrant's Current
  Report on Form 8-K filed on February 14, 2007 (Commission File Number
  333-130684-22)) and incorporated by reference in Part IV.



                                     PART I

  Item 1.      Business.

               Omitted.


  Item 1A.     Risk Factors.

               Omitted.


  Item 1B.     Unresolved Staff Comments.

               None.


  Item 2.      Properties.

               Omitted.


  Item 3.      Legal Proceedings.

               Omitted.


  Item 4.      Submission of Matters to a Vote of Security Holders.

               Omitted.




                                     PART II

  Item 5.      Market for Registrant's Common Equity, Related Stockholder
               Matters and Issuer Purchases of Equity Securities.

               Omitted.


  Item 6.      Selected Financial Data.

               Omitted.


  Item 7.      Management's Discussion and Analysis of Financial Condition and
               Results of Operation.

               Omitted.


  Item 7A.     Quantitative and Qualitative Disclosures About Market Risk.

               Omitted.


  Item 8.      Financial Statements and Supplementary Data.

               Omitted.


  Item 9.      Changes in and Disagreements With Accountants on Accounting and
               Financial Disclosure.

               Omitted.


  Item 9A.     Controls and Procedures.

               Omitted.


  Item 9A(T).  Controls and Procedures.

               Omitted.


  Item 9B.     Other Information.

               None.




                                    PART III

  Item 10.     Directors, Executive Officers and Corporate Governance.

               Omitted.


  Item 11.     Executive Compensation.

               Omitted.


  Item 12.     Security Ownership of Certain Beneficial Owners and Management
               and Related Stockholder Matters.

               Omitted.


  Item 13.     Certain Relationships and Related Transactions, and Director
               Independence.

               Omitted.


  Item 14.     Principal Accounting Fees and Services.

               Omitted.




                    ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB


Item 1112(b) of Regulation AB, Significant Obligor Financial Information.

Not applicable.



Item 1114(b)(2) of Regulation AB, Significant Enhancement Provider Financial
Information.

Not applicable.



Item 1115(b) of Regulation AB, Certain Derivatives Instruments (Financial
Information).

Not applicable.



Item 1117 of Regulation AB, Legal Proceedings.

In addition to the matters described below, in the normal course of
business, Morgan Stanley Mortgage Capital Holdings LLC ("the Company") has
been named, from time to time, as a defendant in various legal actions.
Certain of the actual or threatened legal actions include claims for
substantial compensatory and/or punitive damages or claims for indeterminate
amounts of damages.

Regulatory and Governmental Investigations: The Company and its affiliates
are currently responding to subpoenas and requests for information from
certain regulatory and governmental entities concerning the origination,
purchase, securitization and/or servicing of subprime and non-subprime
residential mortgages and related issues.

Civil Litigation re American Business Financial Services, Inc. The Company
has been named as one of a number of defendants in a matter styled Miller v.
Santilli, et al., which is pending in the Court of Common Pleas for
Philadelphia County, Pennsylvania. The complaint in this action was filed on
July 13, 2006 and is being brought by the bankruptcy trustee for American
Business Financial Services, Inc. ("ABFS"). The complaint alleges, inter
alia, that the Company, certain of the Company's affiliates, and various
other financial institutions deepened the insolvency of ABFS, and aided and
abetted fraud and breaches of fiduciary duties committed by certain former
officers and directors of ABFS, by providing warehouse loans to ABFS and
participating in securitization transactions with ABFS. The complaint seeks
damages in excess of $750 million. The deepening insolvency claim has been
dismissed, and the case is currently in discovery.

Bauer, et al., v. Saxon Mortgage Services, Inc., et al. is a matter filed on
December 1, 2004 in the Civil District Court for the Parish of Orleans,
State of Louisiana, Case No. 2004-17015. On February 17, 2005, the
plaintiffs re-filed the case as two separate class action lawsuits, Bauer,
et al., v. Dean Morris, et al., filed as Case No. 05-2173 in the Civil
District Court for the Parish of Orleans, State of Louisiana, and Patterson,
et al., v. Dean Morris, et al., filed as Case No. 05-2174 in the Civil
District Court for the Parish of Orleans, State of Louisiana. On January 24,
2006, the United States District Court for the Eastern District of Louisiana
granted the Company's motion to compel arbitration in Bauer, et al., v. Dean
Morris, et al. On January 25, 2006, the United States District Court for the
Eastern District of Louisiana granted the Saxon Mortgage Services's motion
to compel arbitration in Patterson, et al., v. Dean Morris, et al. At the
present time, neither plaintiff has initiated arbitration.

Jumar Hooks and Diane Felder, et al., v. Saxon Mortgage, Inc. is a matter
filed on October 12, 2005 in the Common Pleas Court for Cuyahoga County,
Ohio as Case No. CV 05 574577. The plaintiffs filed this case as a class
action, on behalf of themselves and similarly situated Ohio borrowers,
alleging that the Company's subsidiary, Saxon Mortgage, Inc. ("Saxon
Mortgage") engaged in unlawful practices in originating and servicing the
plaintiffs' loans. During the second quarter of 2006, the court granted the
Saxon Mortgage's motion to compel individual arbitration as to each of the
two named plaintiffs and stayed the court proceedings with no class having
been certified.

Jones, et al., v. ABN AMRO Mortgage Group, et al. is a matter filed on
September 24, 2007 in the Court of Common Pleas for Berks County,
Pennsylvania as Civil Action-Law No. 07-10540. The plaintiffs allege that
the putative class members were not credited properly for payments made on
their mortgage loans which were allegedly collected by non-affiliated
intermediary entities and forwarded to the servicer defendants. Saxon
Mortgage Services services two loans for putative class members. Saxon
Mortgage Services and other defendants filed a consolidated motion to
dismiss the case.



Item 1119 of Regulation AB, Affiliations and Certain Relationships and Related
Transactions.

The information regarding this Item has been previously filed in the 424(b)(5)
Prospectus filed on January 25, 2007.



Item 1122 of Regulation AB, Compliance with Applicable Servicing Criteria.

The reports on assessment of compliance with the servicing criteria for
asset-backed securities and the related attestation reports on such assessments
of compliance are attached hereto under Item 15.

LaSalle Bank National Association's ("LaSalle") Report on Assessment of
Compliance with Servicing Criteria for 2007 (the "2007 Assessment") attached
to this Form 10-K as Exhibit 33.2 the following material instance of
noncompliance related to investor reporting:

"1122(d)(3)(i)(A) and (B) - During the Reporting Period, certain monthly
investor or remittance reports were not prepared in accordance with the
terms set forth in the transaction agreements and certain investor reports
did not provide the information calculated in accordance with the terms
specified in the transaction agreements for which certain individual errors
may or may not have been material."

The investor reporting errors identified on LaSalle's 2007 Assessment as
material instances of noncompliance (the "Investor Reporting Errors")
included, for example, revised delinquency, REO, foreclosure, repurchase,
payoff or modified loan counts, category indicators and/or balances. The
conclusion that the Investor Reporting Errors amounted to a material
instance of noncompliance was based primarily on the aggregate number of
errors as opposed to the materiality of any one error.

The Investor Reporting Errors were generally caused by human error resulting
primarily from high volume monthly data processing demands that had to be
addressed within constricted time frames with less than a full complement of
operational staff. Between the fourth quarter of the Reporting Period and
the date of the 2007 Assessment, LaSalle has employed additional operational
staff to accommodate the high volume of monthly investor reporting
requirements and minimize the risk of the Investor Reporting Errors
recurring. Other necessary controls are in place to minimize the risk of
such errors.

With respect to the specific pool assets and asset-backed securities related
to the Investor Reporting Errors, the errors did not have, and are not
reasonable likely in the future to have, any material impact or effect on
pool asset performance, servicing of the pool assets and payments or
expected payments on the mortgage-backed securities.



Item 1123 of Regulation AB, Servicer Compliance Statement.

The servicer compliance statements are attached hereto under Item 15.



                               Part IV

  Item 15. Exhibits, Financial Statement Schedules.

  (a) The following is a list of documents filed as part of this Annual Report
      on Form 10-K:

  (1) Not applicable.

  (2) Not applicable.

  (3)

  (4.1) Pooling and Servicing Agreement, dated as of January 1, 2007, by and
        between Morgan Stanley Capital I Inc., Wells Fargo Bank,
        National Association, as master servicer, ARCap Servicing,
        Inc. (predecessor to Centerline Servicing Inc.) , as special
        servicer, LaSalle Bank National Association, as trustee, and
        Wells Fargo Bank, National Association, as paying agent.
        (Filed as Exhibit 99.1 of the Registrant's Current Report on
        Form 8-K filed on February 14, 2007 (Commission File Number
        333-130684-22) and incorporated by reference).

  (4.2) Schedules I, II, III and IV to the Pooling and Servicing Agreement,
        dated as of January 1, 2007, by and between Morgan Stanley
        Capital I Inc., Wells Fargo Bank, National Association, as
        master servicer, ARCap Servicing, Inc., as special servicer,
        LaSalle Bank National Association, as trustee, and Wells Fargo
        Bank, National Association, as paying agent. (Filed as Exhibit
        4.1 of the Registrant's Current Report on Form 8-K filed on
        July 12, 2007 (Commission File Number 333-130684-22) and
        incorporated by reference).

  (31) Rule 13a-14(d)/15d-14(d) Certification.

  (33) Reports on assessment of compliance with servicing criteria for
       asset-backed securities.


    <TABLE>
    
      <c>

    33.1 Centerline Servicing Inc. f/k/a ARCap Servicing, Inc. as Special Servicer
    33.2 LaSalle Bank National Association as Trustee and as Custodian
    33.3 Principal Global Investors, LLC as Primary Servicer
    33.4 Wells Fargo Bank, N.A. as Paying Agent
    33.5 Wells Fargo Bank, N.A. as Master Servicer for the 225 South Sixth Street loan
    33.6 Wells Fargo Bank, N.A. as Master Servicer

    </TABLE>


  (34) Attestation reports on assessment of compliance with servicing
       criteria for asset-backed securities.


    <TABLE>
    
      <c>

    34.1 Centerline Servicing Inc. f/k/a ARCap Servicing, Inc. as Special Servicer
    34.2 LaSalle Bank National Association as Trustee and as Custodian
    34.3 Principal Global Investors, LLC as Primary Servicer
    34.4 Wells Fargo Bank, N.A. as Paying Agent
    34.5 Wells Fargo Bank, N.A. as Master Servicer for the 225 South Sixth Street loan
    34.6 Wells Fargo Bank, N.A. as Master Servicer

    </TABLE>


   (35) Servicer compliance statements.


    <TABLE>
    
       <c>

    35.1 Centerline Servicing Inc. f/k/a ARCap Servicing, Inc. as Special Servicer
    35.2 Principal Global Investors, LLC as Primary Servicer
    35.3 Wells Fargo Bank, N.A. as Paying Agent
    35.4 Wells Fargo Bank, N.A. as Master Servicer for the 225 South Sixth Street loan
    35.5 Wells Fargo Bank, N.A. as Master Servicer

    </TABLE>


   (99.1) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Morgan Stanley
          Mortgage Capital Inc. (Filed as Exhibit 99.2 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.2) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Bear Stearns
          Commercial Mortgage, Inc. (Filed as Exhibit 99.3 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.3) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Wells Fargo
          Bank, National Association. (Filed as Exhibit 99.4 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.4) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Principal
          Commercial Funding II, LLC. (Filed as Exhibit 99.5 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.5) Primary Servicing Agreement, dated as of January 1, 2007, by and
          between Wells Fargo Bank, National Association, as master
          servicer and Principal Global Investors, LLC. (Filed as
          Exhibit 99.6 of the Registrant's Current Report on Form 8-K
          filed on February 14, 2007 (Commission File Number
          333-130684-22) and incorporated by reference).

   (b) See (a) above.

   (c) Not applicable.



                          SIGNATURES


  Pursuant to the requirements of Section 13 or 15(d) of the Securities
  Exchange Act of 1934, the registrant has duly caused this report to be
  signed on its behalf by the undersigned, thereunto duly authorized.


   Morgan Stanley Capital I Inc.
   (Depositor)


   /s/ Warren Friend
   Warren Friend, Vice President
   (senior officer in charge of securitization of the depositor)


    Date:   March 28, 2008



  Exhibit Index

  Exhibit No.


   (4.1) Pooling and Servicing Agreement, dated as of January 1, 2007, by and
         between Morgan Stanley Capital I Inc., Wells Fargo Bank,
         National Association, as master servicer, ARCap Servicing,
         Inc. (predecessor to Centerline Servicing Inc.) , as special
         servicer, LaSalle Bank National Association, as trustee, and
         Wells Fargo Bank, National Association, as paying agent.
         (Filed as Exhibit 99.1 of the Registrant's Current Report on
         Form 8-K filed on February 14, 2007 (Commission File Number
         333-130684-22) and incorporated by reference).

   (4.2) Schedules I, II, III and IV to the Pooling and Servicing Agreement,
         dated as of January 1, 2007, by and between Morgan Stanley
         Capital I Inc., Wells Fargo Bank, National Association, as
         master servicer, ARCap Servicing, Inc., as special servicer,
         LaSalle Bank National Association, as trustee, and Wells Fargo
         Bank, National Association, as paying agent. (Filed as Exhibit
         4.1 of the Registrant's Current Report on Form 8-K filed on
         July 12, 2007 (Commission File Number 333-130684-22) and
         incorporated by reference).

   (31) Rule 13a-14(d)/15d-14(d) Certification.

   (33) Reports on assessment of compliance with servicing criteria for
        asset-backed securities.


    <TABLE>

    
      <c>
    33.1 Centerline Servicing Inc. f/k/a ARCap Servicing, Inc. as Special Servicer
    33.2 LaSalle Bank National Association as Trustee and as Custodian
    33.3 Principal Global Investors, LLC as Primary Servicer
    33.4 Wells Fargo Bank, N.A. as Paying Agent
    33.5 Wells Fargo Bank, N.A. as Master Servicer for the 225 South Sixth Street loan
    33.6 Wells Fargo Bank, N.A. as Master Servicer

    </TABLE>

   (34) Attestation reports on assessment of compliance with servicing
        criteria for asset-backed securities.


    <TABLE>

    
      <c>
    34.1 Centerline Servicing Inc. f/k/a ARCap Servicing, Inc. as Special Servicer
    34.2 LaSalle Bank National Association as Trustee and as Custodian
    34.3 Principal Global Investors, LLC as Primary Servicer
    34.4 Wells Fargo Bank, N.A. as Paying Agent
    34.5 Wells Fargo Bank, N.A. as Master Servicer for the 225 South Sixth Street loan
    34.6 Wells Fargo Bank, N.A. as Master Servicer

    </TABLE>

   (35) Servicer compliance statements.


    <TABLE>

    
       <c>
    35.1 Centerline Servicing Inc. f/k/a ARCap Servicing, Inc. as Special Servicer
    35.2 Principal Global Investors, LLC as Primary Servicer
    35.3 Wells Fargo Bank, N.A. as Paying Agent
    35.4 Wells Fargo Bank, N.A. as Master Servicer for the 225 South Sixth Street loan
    35.5 Wells Fargo Bank, N.A. as Master Servicer

    </TABLE>

   (99.1) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Morgan Stanley
          Mortgage Capital Inc. (Filed as Exhibit 99.2 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.2) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Bear Stearns
          Commercial Mortgage, Inc. (Filed as Exhibit 99.3 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.3) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Wells Fargo
          Bank, National Association. (Filed as Exhibit 99.4 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.4) Mortgage Loan Purchase Agreement, dated as of January 19, 2007, by
          and between Morgan Stanley Capital I Inc. and Principal
          Commercial Funding II, LLC. (Filed as Exhibit 99.5 of the
          Registrant's Current Report on Form 8-K filed on February
          14, 2007 (Commission File Number 333-130684-22) and
          incorporated by reference).

   (99.5) Primary Servicing Agreement, dated as of January 1, 2007, by and
          between Wells Fargo Bank, National Association, as master
          servicer and Principal Global Investors, LLC. (Filed as
          Exhibit 99.6 of the Registrant's Current Report on Form 8-K
          filed on February 14, 2007 (Commission File Number
          333-130684-22) and incorporated by reference).