Kimball Office renews for another ten years and CMG Clique Media Group relocates its NYC headquarters
SL Green Realty Corp (NYSE: SLG) today announced it has signed leases covering 22,072 square feet for two separate companies at 215 Park Avenue South, the 300,000-square-foot tower located at East 18th Street.
Existing tenant Kimball Office, the international manufacturer and designer of high-end workplace furniture systems, signed for 10-years covering 9,885-square feet on the third floor; and CMG Clique Media Group Inc., which creates and disseminates news about fashion, beauty, home and shopping for women, committed to a five-year, 12,187-square-foot lease, relocating and expanding its New York City headquarters onto a portion of the 18th floor.
“We are delighted to work with both tenants,” said Steven Durels, executive vice president, director of leasing and real property for SL Green who added that “these leases are a further testament to the continuing strength of the Midtown South market.”
Situated in the heart of Union Square next to one of the City’s busiest subway hubs, 215 Park Avenue South features new elevators, corridors and bathrooms. Among others on the tenant roster are Global Strategies Group, Linkshare Corporation, Perkins & Will and Criterion Collection.
David Rosenbloom and Sebastian Infante of Cushman & Wakefield represented Kimball and Joel Burris of Brown Harris Stevens Commercial Services acted on behalf of CMG Clique Media. Howard J. Tenenbaum and Gary M. Rosen of SL Green represented the landlord on both transactions.
About SL Green Realty Corp.
SL Green Realty Corp., an S&P 500 company and New York City'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 properties. As of June 30, 2016, the Company held interests in 119 Manhattan buildings totaling 44.7 million square feet. This included ownership interests in 28.0 million square feet of commercial buildings and debt and preferred equity investments secured by 16.7 million square feet of buildings. In addition, the Company held ownership interests in 31 suburban buildings totaling 4.9 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey. To be added to the Company's distribution list or to obtain the latest news releases and other Company information, please visit our website at www.slgreen.com or contact Investor Relations at (212) 594-2700.
