SL Green Signs Adidas to Retail Lease at 115 Spring Street

Global Sportswear Brand Will Relocate Originals Boutique to

Prime SoHo Location


SL Green Realty Corp. (NYSE: SLG), an S&P 500 company and New York

City’s largest commercial property owner, today announced that Adidas

has signed a 10-year lease at 115 Spring Street, a prime location in one

of Manhattan’s strongest retail areas. The two-level 5,218 square foot

space will be the new home of the sportswear company’s Originals


SL Green acquired the retail condominium at 115 Spring Street, between

Mercer and Greene streets, in 2014.

SL Green Managing Director Brett Herschenfeld commented, “We are proud

to welcome Adidas to our portfolio of world-class retail tenants. We

believe this lease further demonstrates the strength of the SoHo market

and its versatility in attracting all segments of retailers as a result

of its consistent growth in tourism and local demographics.”

RKF’s Jeremy Ezra represented the tenant in the transaction announced

today. SL Green was represented by Ariel Schuster and Ross Berkowitz,

also of RKF.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and New York City’s largest

office landlord, is a fully integrated real estate investment trust, or

REIT, that is focused primarily on acquiring, managing and maximizing

value of Manhattan commercial properties. As of March 31, 2015, SL Green

held interests in 117 Manhattan buildings totaling 43.6 million square

feet. This included ownership interests in 29.0 million square feet of

commercial buildings and debt and preferred equity investments secured

by 14.6 million square feet of buildings. In addition to its Manhattan

investments, SL Green held ownership interests in 37 suburban buildings

totaling 5.9 million square feet in Brooklyn, Long Island, Westchester

County, Connecticut and New Jersey. For more information, please visit:

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SL Green Realty Corp.
Andrew Mathias

Chief Financial Officer

Source: SL Green Realty Corp.

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