SL Green’s Office Leasing Volume Reaches 2.3 Million Square Feet

Core Insights - SL Green Realty Corp. has signed office leases totaling 2.3 million square feet in Manhattan for 2025, with a current pipeline of approximately 1.2 million square feet, aiming for a 2025 same-store office occupancy target of 93.2% [1][2] - The company is experiencing robust tenant demand, with declining availability, which is expected to lead to a strong start in the upcoming year [2] Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and operates as a fully integrated real estate investment trust (REIT), focusing on acquiring, managing, and maximizing the value of Manhattan commercial properties [2] - As of September 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet, including 27.1 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments [2] Notable Leases - A financial services company has expanded its lease to cover 92,663 square feet at One Madison Avenue, increasing its total commitment in the building to 159,871 square feet [4] - Wells Fargo Bank has signed a 9-year renewal and expansion lease for 49,865 square feet at 280 Park Avenue [4] - Moroccanoil has signed a 10-year new lease for 39,799 square feet at 1185 Avenue of the Americas [4] - Houlihan Lokey has signed a 9.5-year expansion lease for 37,224 square feet at 245 Park Avenue, increasing its total commitment to 221,656 square feet [4] - Hinshaw & Culbertson has signed a 10-year renewal lease for 26,977 square feet at 800 Third Avenue [4]