Waggener Edstrom Worldwide Inc. Signs 11,779-Sq-Ft Lease At SL Green's 750 Third Avenue
New York, NY - August 7, 2008
SL Green Realty Corp. announced today that Waggener Edstrom Worldwide, Inc. has signed a seven-year lease covering 11,779 square feet on the entire 31st floor of 750 Third Avenue. Waggener Edstrom Worldwide is a global public relations firm with clients including such corporate giants as GE Healthcare, MasterCard International, Microsoft and T-Mobile USA.
"We are delighted to welcome such a prestigious international public relations firm as Waggener Edstrom to the building," said Steve M. Durels, Executive Vice President and Director of Leasing and Real Property for SL Green.
"The building, which is conveniently located only two blocks from Grand Central Terminal, has recently completed renovations to the lobby and elevator cabs. Occupancy stands at 100%," added Mr. Durels.
Other prominent tenants in the 34-story, 827,283-square-foot tower include Fairchild Publications, TIAA, and Eisner LLP,
William Fressle of Cushman & Wakefield represented Waggener Edstrom in negotiating the seven-year deal. David Turino represented the landlord in-house.
About SL Green Realty Corp.
SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages Manhattan office properties. The Company is the only publicly held REIT that specializes in this niche. As of June 30, 2008, the Company owned 30 New York City office properties totaling approximately 23,719,200 square feet, making it New York's largest office landlord. In addition, SL Green holds investment interests in, among other things, eight retail properties encompassing approximately 400,212 square feet, two development properties encompassing approximately 363,000 square feet and two land interests, along with ownership interests in 36 suburban assets totaling 7,867,500 square feet in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey.
# # #