US Bank National Association Expands for the Second Time at SL Green's 461 Fifth Avenue

October 19th, 2009 at 4:27 PM

  At 36,531 Square Feet, Bank is Now the Building's

Largest Office Tenant

New York, NY - September 10, 2009 - SL Green Realty Corp. (NYSE:  SLG) today announced that US Bank National Association has expanded for the second time at SL Green's 461 Fifth Avenue, signing an eight-year+ 14,067-square-foot lease on two full floors, co-terminus with its existing 22,464-square feet of space.

The Cincinnati-based bank, formerly known  as Firstar Bank National Association operating as a subsidiary of US Bancorp, occupies a total of 36, 531 square feet in the 200,835-square-foot building, making it 461 Fifth Avenue's anchor tenant.

"We were delighted to work with US Bank National Association to accommodate its rapid growth," said Steven Durels Executive Vice President, Director of Leasing and Real Property who added that 461 Fifth Avenue is a magnet for financial firms, which include Tudor Investments, American Capital Strategies and Shenkman Capital Management.

Michael N. Burlant of Cushman and Wakefield represented the tenant, while Christopher Gulden acted for SL Green.

Attorneys in the transaction were Joan Thompson Esq. for SL Green and Jeffrey Shea Esq. for US Bank.

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, 2009, the Company owned 29 New York City office properties totaling approximately 23,211,200 square feet, making it New York's largest office landlord. In addition, at March 31, 2009, SL Green held investment interests in, among other things, eight retail properties encompassing approximately 400,212 square feet, three development properties encompassing approximately 399,800 square feet and two land interests, along with ownership interests in 33 suburban assets totaling 6,986,500 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 http://www.slgreen.com/ or contact Investor Relations at 212-216-1601.

 

 

 

 

Tags: 461 Fifth Avenue, Steven M. Durels, Christopher Gulden, Joan Thompson Esq., Jeffrey Shea Esq.