SL GREEN REFINANCES CORPORATE HEADQUARTERS

by admin

NEW YORK CITY — SL Green Realty Corp. has secured a $145 million leasehold mortgage to refinance the company’s corporate headquarters building located in New York City. Known as the Graybar Building, the property totals 31 stories and 1.5 million square feet, and is situated at 420 Lexington Ave. near Grand Central Terminal. SL Green first acquired the building in 1998; it was 97 percent leased at the time of closing. The lender was TIAA-CREF; Morton Holliday, Alex Hernandez, Kate Pelet and Kathryn Schledwitz of Cushman & Wakefield Sonnenblick Goldman advised SL Green in the transaction.

You may also like