Press Release Details
AECOM Technology Corporation Inks 109,000 Sq. Ft. Lease at SL Green's 100 Park Avenue
New York, NY - December 6, 2010 - SL Green Realty Corp. (NYSE: SLG) announced today that Los Angeles-based AECOM Technology Corporation, a Fortune 500 company and one of the world's largest providers of professional technical and management support, has signed a new 12-year lease covering 108,631-square-feet at the recently redeveloped 100 Park Avenue.
AECOM, which recently acquired Tishman Construction, New York's premiere builder, is consolidating from various locations and will occupy space on floors 5, 6, 18 and 19 when it moves into the 36-story 'New Modern Classic' opposite Grand Central Terminal. Tishman was the original builder of 100 Park Avenue and also led the construction team during SL Green's recent re-development of the building which won the 2008-09 BOMA International award for the best renovated office building of the year. Additionally, 100 Park Avenue was the first existing building in Manhattan to achieve a LEED Silver designation.
"This lease completes the successful re-positioning of the building which was started in 2006 when we commenced a full scale property re-development," said Steven Durels, Executive Vice President and Director of Leasing and Real Property for SL Green and "the fact that Tishman Construction will relocate it's headquarters to the building is a great testament to the quality of the building."
Among other major tenants at the building are BBDO Seidman, Wells Fargo, Aetna Life Insurance Company and J&W Seligman & Co.
Joseph Simone of Tishman Real Estate Services and Adam Foster of CB Richard Ellis acted on behalf of AECOM, while Tara Stacom, Paul Glickman, Mitti Liebersohn, Alexander Chudnoff, Diana Biasotti, Jonathan Tootell and Peter Alden represented SL Green.
About SL Green Realty Corp.
SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages Manhattan office properties. SL Green is the only publicly held REIT that specializes in this niche. As of September 30, 2010, SL Green owned interests in 30 New York City office properties totaling approximately 22,324,460 square feet, making it New York's largest office landlord. In addition, at September 30, 2010, SL Green held investment interests in, among other things, eight retail properties encompassing approximately 366,312 square feet, three development properties encompassing approximately 399,800 square feet and two land interests, along with ownership interests in 31 suburban assets totaling 6,804,700 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.
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CONTACT
Steven Durels, Exec VP,
Director of Leasing and Real Property
SL Green Realty Corp.
(212) 216-1617
Melanie Keenan
Rubenstein Associates
212 843-8092
mkeenan@rubenstein.com