SL Green Sells Office, Retail Properties For $130M

Law360, New York (October 27, 2011, 3:56 PM EDT) -- New York real estate investment trust SL Green Realty Corp. has agreed to sell its interest in a Madison Avenue office building for $85 million and two retail properties on Fifth Avenue for $46 million to undisclosed buyers, the firm announced Thursday.

Details about the buyers in the transactions, which encompass more than 200,000 square feet of office and retail space in midtown Manhattan and are expected to bring in more than $130 million, are protected by a confidentiality agreement between the parties, according to an...
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