SL Green Realty Sells Office Building in New York for $226 Million

MT Newswires Live
Sep 09

SL Green Realty (SLG) said Wednesday it has agreed to sell 110 Greene Street in the SoHo area of Manhattan to Natora Group for $226 million.

The 13-story, 223,000 square-foot Class A office building is located between Prince and Spring streets and is fully occupied, SL Green Realty said.

Net proceeds of about $216 million will be used to repay unsecured corporate debt, the company said.

The transaction is expected to close in Q4.

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