Press Release Details
Brett Greenberg Joins SL Green Realty Corp. As Senior Vice President Of Leasing
New York, NY - April 4, 2005 - SL Green Realty Corp. (NYSE: SLG) announced today that Brett S. Greenberg, formerly Managing Director for Equity Office Properties Trust (NYSE: EOP), has joined SL Green as Senior Vice President of Leasing. Mr. Greenberg will work closely with SL Green's senior management team, focusing on leasing, marketing and asset management efforts for the Company's portfolio of 29 office properties totaling 17.4 million square feet.
A real estate industry veteran with more than 20 years of real estate experience, Mr. Greenberg was responsible for leading strategic leasing and marketing efforts for EOP's Manhattan office and retail portfolio for the past 11 years. Mr. Greenberg's keen knowledge of the local commercial real estate landscape has enabled him to negotiate and structure more than 5 million square feet of leasing transactions in Manhattan, and to complete some of Midtown's high profile transactions, most recently including Dewey Ballantine, LLP for 500,000 square feet, Lehman Brothers for 300,000 square feet and Discovery Channel for 150,000 square feet. Under his direction, EOP's Manhattan portfolio maintained an average occupancy rate of 97 percent for the past five years.
Marc Holliday, President and Chief Executive Officer of SL Green commented, "Brett is highly regarded within New York City's commercial leasing community for his breadth and depth of local market knowledge. We are delighted to have him join our team and are confident that he will be a major contributor to SL Green as we continue to execute on our strategy of continually upgrading and maximizing the value of our portfolio."
Prior to EOP, Mr. Greenberg was a leasing broker with CB Richard Ellis. He currently serves on the Board of Governors of Young Men's and Women's Real Estate Association of New York, is an active member of the Real Estate Board of New York, and is the former President of the New York/Connecticut/Westchester chapter of the National Association of Office Properties. He earned his Bachelor's degree in finance from the University of Connecticut.
Company Profile
SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages a portfolio of Manhattan commercial office properties. The Company's portfolio consists of 29 properties aggregating approximately 17.4 million square feet. SL Green Realty Corp. is the only publicly held REIT that specializes exclusively in this niche geographic market.
To be added to the Company's distribution list, or to obtain the latest news releases and other Company information, please visit our website at www.slgreen.com or contact Investor Relations at 212-216-1601.
Forward-looking Information
This press release contains forward-looking nformation based upon the Company's current best judgment and expectations. Actual results could vary from those presented herein. The risks and uncertainties associated with forward-looking information in this release include the strength of the commercial office real estate markets in New York, competitive market conditions, unanticipated administrative costs, timing of leasing income, general and local economic conditions, interest rates, capital market conditions, tenant bankruptcies and defaults, the availability and cost of comprehensive insurance, including coverage for terrorist acts, and other factors, which are beyond the Company's control. We undertake no obligation to publicly update or revise any of the forward-looking information. For further information, please refer to the Company's filing with the Securities and Exchange Commission.
CONTACT
Marc Holliday
President and Chief Executive Officer
(212) 594-2700
or
Michelle M. LeRoy
Vice President, Investor Relations
(212) 594-2700