SL Green Inks 7,213-Square-Foot-Lease with Electronic Arts, Inc.at 1515 Broadway
March 3rd, 2011 at 12:15 PM
New York, NY - March 3, 2011 - SL Green Realty Corp. (NYSE: SLG) announced today that Electronic Arts, Inc. a leading global interactive entertainment software company headquartered in Redwood City, California, has signed a five-year lease covering 7,213 square feet on a portion of the 36th floor of 1515 Broadway. Electronic Arts develops, publishes and distributes interactive software for video game systems, personal computers, wireless devices and the Internet.
"We are excited to welcome such a prestigious international software provider to 1515 Broadway," said Steve Durels, Executive Vice President and Director of Leasing and Real Property for SL Green who added, "Electronic Arts is an ideal complement to the building, which is home to MTV, Nickelodeon, Paramount Studios, Disney's Lion King and the Best Buy Theater."
The 2+ million-square-foot, 54-story 1515 Broadway recently completed a $40 million redevelopment, which includes a total lobby redesign featuring 5,000 square feet of custom art glass wrapping the core walls, new entrances, new common corridors and bathrooms.
Natasha Brown, Jones Lang LaSalle represented Electronic Arts, while David M. Kaufman acted on behalf of SL Green in-house.
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 December 31, 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 December 31, 2010, SL Green held investment interests in, among other things, 11 retail properties encompassing approximately 405,362 square feet, four development properties encompassing approximately 465,441 square feet and three 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.
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