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SLG-News
SLG-Events
SL Green Realty Sells 110 Greene Street for $226M
SL Green Realty announced that it has entered into an agreement to sell 110 Greene Street in SoHo to Natora Group for $226M. The transaction is expected to close in the fourth quarter, subject to customary closing conditions, and generate approximately $216M of net cash proceeds that will be used to repay unsecured corporate debt.
SL Green Realty Signs 10-Year Lease with AI Tenant
SL Green Realty announced that an AI tenant has signed a new 10-year lease covering 98,420 square feet for the entire 11th floor at 11 Madison Avenue.
Company Reports Q2 Revenue of $264M
Reports Q2 revenue $264M vs. $241.92M last year. The company said, "Manhattan same-store office occupancy increased to 94.7% as of June 30, 2026, inclusive of leases signed but not yet commenced. The Company expects to increase Manhattan same-store office occupancy, inclusive of leases signed but not yet commenced, to 95.0% by December 31, 2026."
Company Raises 2026 FFO Guidance to $5.60-$5.90 per Share
Consensus $4.61. The company said, "The Company is increasing its 2026 FFO guidance range for the year ending December 31, 2026 from $4.40-$4.70 per share to $5.60-$5.90 per share, an increase of $1.20 per share at the midpoint, reflecting $0.40 per share of higher NOI from the Company's real estate portfolio, incremental fees and other income, and $0.80 per share of additional income that will be recognized from One Vanderbilt Avenue."
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