Search
 

SL Green Signs Leases Totaling More Than 333,000 SF

NEW YORK CITY-St. Paul Travelers leads the way with a 210,609-sf lease at 485 Lexington. Fairchild Publications signs on for 52,573 sf at the same site. Both are expected to move in February

By Barbara Jarvie | Updated on December 05, 2005

NEW YORK CITY-Midtown continues to prove popular as tenants lease up more than 330,000 sf at a number of sites owned by SL Green Realty Corp. In the largest of the transactions, St. Paul Travelers inked a 10-and-a-half year lease for 210,609 sf at 485 Lexington Ave. Fairchild Publications Inc. took 52,573 sf at the same site.

St. Paul Travelers will be located in the base Grand Central Square starting in February, while Fairchild has leased the entire second floor for 15 years starting at the same time. The Fairchild lease represents an expansion of their existing space at the adjacent 750 Third Ave. Within the complex, Fairchild occupies 327,111 sf. Drake Beam Morin has leased an entire tower floor—11,465 sf–for 10 years at the site. And Polo Ralph Lauren has expanded at 625 Madison Ave. by 48,207 sf. The firm leased the entire sixth and part of the third floors for a total occupancy of 234,207 sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.