Bloomberg, LP Leases 254,000 Sq. Ft. At 919 Third Avenue
WeWork Leases 136,000 Sq. Ft. At 315 West 36th Street
NEW YORK--(BUSINESS WIRE)--
SL Green Realty Corp. (NYSE:SLG) today announced that it has signed two
new, long-term office leases covering more than 390,000 square feet.
Bloomberg LP, the world's premier information network, signed a 15-year
lease covering 254,556 square feet for eight floors at 919 Third Avenue,
the 47-story 1.5 million-square-foot property located between East 55th
and 56th Streets.
Additionally, WeWork, provider of shared workspace, community and
services, signed a 15-year lease covering 136,118 square feet,
comprising all nine floors at 315 West 36th Street.
"Each of these transactions required extensive work with multiple
tenants to create the blocks of space," said Steven Durels, Executive
Vice President, Director of Leasing and Real Property for SL Green, who
added "these new leases are a testament to the continued strength of
midtown Manhattan's office leasing market."
Peter Turchin, Gregg Rothkin, James Ackerson and Edward Goldman of CBRE
represented the landlord at 919 Third Avenue. Hayes Realty Services
represented WeWork at 315 West 36th Street while SL Green handled the
transaction in-house on behalf of the building's joint-venture ownership.
About SL Green Realty Corp.
SL Green Realty Corp., an S&P 500 company and New York City's largest
office landlord, is a fully integrated real estate investment trust, or
REIT, that is focused primarily on acquiring, managing and maximizing
value of Manhattan commercial properties. As of March 31, 2015, SL Green
held interests in 117 Manhattan buildings totaling 43.6 million square
feet. This included ownership interests in 29.0 million square feet of
commercial buildings and debt and preferred equity investments secured
by 14.6 million square feet of buildings. In addition to its Manhattan
investments, SL Green held ownership interests in 37 suburban buildings
totaling 5.9 million square feet in Brooklyn, Long Island, Westchester
County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com/
Forward-looking Statement
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be "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and are intended to be covered
by the safe harbor provisions thereof. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that we expect, believe or
anticipate will or may occur in the future, are forward-looking
statements. Forward-looking statements are not guarantees of future
performance and we caution you not to place undue reliance on such
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use of the words "may," "will," "should," "expect," "anticipate,"
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Forward-looking statements contained in this press release are
subject to a number of risks and uncertainties, many of which are beyond
our control, that may cause our actual results, performance or
achievements to be materially different from future results, performance
or achievements expressed or implied by forward-looking statements made
by us. Factors and risks to our business that could cause actual results
to differ from those contained in the forward-looking statements are
described in our filings with the Securities and Exchange Commission. We
undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of future events, new information or
otherwise.
SLG- LEAS
SL Green Realty Corp.
Steven Durels, Exec VP,
Director of
Leasing and Real Property
212-216-1617
or
Rubenstein
Associates
Melanie Keenan, 212-843-8092
Source: SL Green Realty Corp
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