SL Green Completes Lease-Up of Office Space at 333 W. 34th Street
November 15th, 2010 at 4:04 PM
Godiva Chocolatier Leases 42,300 Square Feet; And MTA Expands By 17,500 Square Feet
New York, NY - November 15, 2010 - SL Green Realty Corp. (NYSE: SLG) announced today that two new leases signed at 333 W. 34th Street, has increased occupancy to 100% of the office portion of the recently redeveloped 10-story, 349,896-square-foot building.
Godiva Chocolatier has signed a 15-year lease covering 42,290-square feet for its North American headquarters. The company is an importer and distributor of world famous Godiva Chocolates from Belgium.
The Metropolitan Transportation Authority (MTA) has expanded by 17,503 square feet for a total commitment of 130,443 square feet.
"Our recently completed redevelopment has successfully changed the building from an empty back office property to a high energy building with state-of-the-art systems," said Steven Durels, Executive Vice President and Director of Leasing for SL Green, who added that the lobby's new limestone finishes are augmented by an 18-foot high glass curtain wall system that wraps along the entire front of the building. Other improvements include upgrades to the security and visitor management systems as well as the fire/life safety systems.
Cushman & Wakefield's Josh Kuriloff, Rob Lowe and Maureen Kelly represented the MTA in its transaction while Howard Grufferman and Joel Wechsler of Grubb & Ellis, Inc. acted on behalf of Godiva. Cushman and Wakefield's Tara Stacom, Paul Glickman, Mitti Lieberson, Alexander Chudnoff and Diana Biasotti represented SL Green in the dual transactions.
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 September 30, 2010, the Company 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.
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: 333 West 34th Street, Steven M. Durels, Alexander Chudnoff, Tara Stacom, Diana Biasotti, Paul Glickman, Mitti Liebersohn