SL Green Inks 10,558-Sq-Ft Lease with Centurion Holdings at 1185 Avenue of the Americas
June 10th, 2008 at 9:03 AM
New York, NY – June 10, 2008 – SL Green Realty Corp. (NYSE: SLG) today announced that it has completed a 10,558-square-foot, 10-year lease agreement with Centurion Holdings LLC, a private investment company, to occupy part of the 17th floor at 1185 Avenue of the Americas. Centurion currently occupies 6,273 square feet in the building and the new lease includes an expansion of 4,285 square feet.
Centurion advises private and public companies and is led by Joseph Grano who is a leading executive in the financial services industry and chairman of the Homeland Security Advisory Council.
“We are delighted to expand and extend our relationship with Centurion,” said Steven Durels, Executive Vice President and Director of Leasing and Real Property for SL Green, “This transaction increases building occupancy to 100%.”
1185 Avenue of the Americas is a one million-square-foot, Class-A building located between 46th and 47th Streets. Among the prestigious roster of tenants are: Hess Corporation, the National Hockey League, King & Spalding, News Corporation, RSM McGladrey and Bank of America.
The landlord was represented in-house by Howard Tenenbaum and Gary Rosen.
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. The Company is the only publicly held REIT that specializes in this niche. As of March 31, 2008, the Company owned 31 New York City office properties totaling approximately 24,389,200 square feet, making it New York's largest office landlord. In addition, SL Green holds investment interests in, among other things, nine retail properties encompassing approximately 400,212 square feet, one development property encompassing approximately 85,000 square feet and two land interests, along with ownership interests in 36 suburban assets totaling 7,867,500 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.
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.