Acquiring Company
SL Green Realty Corp
Acquired Company
245 Park Avenue
New YorkReal EstateReal Estate InvestmentProperty ManagementCommercial Real EstateDescription
SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has acquired 245 Park Avenue. The 1.8 million-square-foot, 44-story, Class A office property with a prime Park Avenue location strengthens the company’s premier portfolio in the Grand Central/Park Avenue submarket. The Company previously had a preferred equity investment in the property. In addition, the Company continues to pursue collection of its $185 million arbitration award from an affiliate of the asset’s former owner, both part of the HNA Group. The property continues to be subject to the in-place mortgage and mezzanine loans totaling $1.768 billion, which mature in June 2027 and have a combined fixed rate of 4.30%, on existing terms.
Quick answer
SL Green Realty Corp is acquiring 245 Park Avenue, announced September 12, 2022. SL Green Realty Corp is based in New York, New York, United States.
- How much did SL Green Realty Corp pay for 245 Park Avenue?
- The deal value was not disclosed.
- What does SL Green Realty Corp do?
- SL Green Realty Corp., Manhattan’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..
- Where are SL Green Realty Corp and 245 Park Avenue based?
- SL Green Realty Corp is based in New York, New York, United States.
Source: Fundz verified event record.
Other recent acquisitions in Real Estate and Real Estate Investment
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Yardi Acquires Space Management Provider Planimetron (October 11, 2022)
- Cushman & Wakefield Acquires Logistics & Industrial Consultancy Burbage Realty Partners Limited (August 8, 2022)
- Cto Realty Growth Announces Acquisition Of Mixed-Use, Grocery-Anchored Lifestyle Property In Richmond, Virginia For $93.9 Million, $94M (October 17, 2022)
- Stewart Acquires Reverse Mortgage Leader Fnc Title Services, Llc (October 4, 2022)
- Measurabl Acquires Wegowise, Unlocks Utility Data Access And Expands Esg Tech To Residential Real Estate (September 1, 2022)
- Blackstone Funds Complete $13 Billion Acquisition Of American Campus Communities, $13B (August 9, 2022)
Who to call at SL Green Realty Corp, and when
When SL Green Realty Corp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SL Green Realty Corp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SL Green Realty Corp, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at SL Green Realty Corp. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment SL Green Realty Corp makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired 245 Park Avenue?
245 Park Avenue was acquired by SL Green Realty Corp, based in New York. The deal was reported on September 12, 2022. SL Green Realty Corp is publicly traded (SLG) and operates in Real Estate.
When did SL Green Realty Corp acquire 245 Park Avenue?
SL Green Realty Corp's acquisition of 245 Park Avenue was reported on September 12, 2022. SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has acquired 245 Park Avenue. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 245 Park Avenue do?
245 Park Avenue is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.