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SL Green, Morgan Stanley and 500 park avenue
SL Green gobbles up 500 Park for $130M
SL Green bought a boutique office condominium from Morgan Stanley, which listed the 11-story property two months ago.
SL Green Buying 500 Park Office Condo From Morgan Stanley for $130M
The real estate investment trust agreed to buy the 200,000-square-foot office portion of the building, originally known as the Pepsi-Cola Building as it housed the beverage brand’s headquarters, from Morgan Stanley (MS) Prime Property Fund, sources said. Bloomberg first reported the sale.
Morgan Stanley to Sell NYC Park Avenue Office Condo to SL Green
SL Green Realty Corp. is in contract to purchase the office portion of Manhattan’s 500 Park Ave., the former headquarters of PepsiCo Inc., from Morgan Stanley.
SL Green Announces Acquisition of 500 Park Avenue
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that it has entered into a contract to purchase 500 Park Avenue for $130.0 million. “500 Park Avenue is an extraordinary addition to our Park Avenue portfolio and a rare opportunity to own an iconic asset that hasn’t traded in more than 40 years,
SL Green To Acquire 500 Park Avenue For $130.0 Mln
SL Green Realty Corp. (SLG), an integrated real estate investment trust, or REIT, said Tuesday that it signed a contract to purchase
SL Green to pay Morgan Stanley $130M for office condo at 500 Park Ave.
“
Park
Avenue
is the best-performing office market in New York City, with historic low vacancy, and
500
Park
Ave. will continue to benefit from opportunities in this fortress corridor that ...
3d
SL Green Realty announces acquisition of 500 Park Avenue for $130M
SL Green Realty (SLG) announced that it has entered into a contract to purchase 500 Park Avenue for $130.0 million. “500 Park Avenue is an ...
The Business Journals
5d
SL Green to buy former Pepsi-Cola headquarters in Midtown Manhattan
“
500
Park
Ave. is an extraordinary addition to our
Park
Avenue
portfolio and a rare opportunity to own an iconic asset that hasn’t traded in more than 40 years,” said Harrison ...
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