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December 9, 2013
07:34 EDTSLGSL Green Realty signs 265,903 sq. foot lease with Metro-North Commuter Railroad
SL Green Realty Corp. announced that Metro-North Commuter Railroad Company, a subsidiary of New York State’s Metropolitan Transportation Authority, has signed a 20-year lease covering 265,903 square feet at 420 Lexington Avenue, also known as the Graybar Building, the 30-story, 1.2 million-square-foot property located adjacent to Grand Central Terminal. The lease covers a 133,503-square-foot renewal for the entire 11th, 12th and partial 22nd floors plus an additional 132,400-square foot expansion on the entire 10th floor and significant portions of the 2nd, 3rd and 5th floors.
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April 23, 2014
16:39 EDTSLGSL Green Realty raises 2014 FFO view to $5.90-$5.96 from $5.62-$5.72
Consensus for 2014 FFO is $5.71.
16:38 EDTSLGSL Green Realty reports Q1 FFO $1.54, consensus $1.37
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08:14 EDTSLGSL Green announces two agreements to acquire retail condominiums
SL Green Realty announced two separate agreements to acquire prime retail condominiums located along two of SoHo’s shopping corridors. The company entered into contract to acquire the 7,200 square foot retail condominium at 121 Greene Street in Lower Manhattan. It is fully occupied by two retailers, both at below market rents. The company also announced it has entered into an agreement to acquire a 5,218 square foot retail condominium at 115 Spring Street, between Mercer and Greene streets. The grade-level and basement space, leased at below-market rents through January 2017, is occupied.
08:07 EDTSLGSL Green Realty to acquire fee interest at 635 Madison Avenue for $145M
SL Green Realty Corp.announced that it has entered into a contract to acquire the fee interest at 635 Madison Avenue for $145M. The off-market transaction, which is subject to customary closing conditions, is expected to be completed during the third quarter of 2014. The property is encumbered by a ground lease through April 2030 with one 21-year renewal extension option.
08:06 EDTSLGSL Green Realty to sell leasehold interest in 673 First Avenue for $145M
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