SL Green Announces the Sale of 10 East 53rd Street
SL Green Realty Corp. announced the sale of its 10 East 53rd Street office tower to Meadow Partners for $312.2 million. The transaction is expected to close in Q3 2026 and will generate approximately $100 million in net proceeds, which the company intends to use for corporate debt repayment.
Key figures
- Deal Value Usd
- 312200000
- Lease rate
- 92%
- Net proceeds
- 100000000
- Property sqft
- 390000
- Disposition plan total
- 2500000000
- Prior acquisition valuation
- 236000000
AI analysis
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