SL Green Inks Expansion Lease With Aetna Life Insurance at 100 Park Avenue
New York, NY – November 6, 2015 - SL Green Realty Corp (NYSE: SLG) today announced that Aetna Life Insurance Company has expanded at 100 Park Avenue by leasing 10,889 square feet on the entire 12th floor. Aetna’s total commitment at the building covers 51,028 square feet for 10+ years.
“We are delighted that Aetna chose to expand with us at 100 Park Avenue,” said Steven Durels, executive vice president, director of leasing and real property for SL Green, who added that “the building’s convenient proximity to Grand Central Terminal and state-of-the-art redevelopment has attracted many high profile businesses.”
100 Park Avenue was one of New York City’s first buildings to receive Silver LEED-EB certification and it is a past BOMA International award winner. Other building tenants include BDO, Wells Fargo Trade Capital, Aecom Technology, and ABN Amro Holdings.
William Korchak of Jones Lang LaSalle represented Aetna in the transaction, while Tara Stacom, Barry Zeller, Justin Royce and Matthias Li of Cushman & Wakefield acted on behalf of SL Green.
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 September 30, 2015, SL Green held interests in 121 Manhattan buildings totaling 43.2 million square feet. This included ownership interests in 30.6 million square feet of commercial buildings and debt and preferred equity investments secured by 12.6 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 35 suburban buildings totaling 5.3 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey.